The Department is initiating rulemaking to update the Water Quality Credit Trading Rule in Chapter 62-306, F.A.C. Pursuant to Section 403.067, Florida Statutes, Chapter 62-306 was adopted in 2010 to establish the requirements for a pilot water quality credit trading (WQCT) program among pollutant sources in the Lower St. Johns River Basin. Chapter 2013-146, Laws of Florida, revised Section 403.067 to, among other things, eliminate the requirement that WQCT be limited to the Lower St. Johns River Basin and authorize the Department to implement WQCT on an ongoing basis in adopted basin management action plans or other applicable pollution control programs. This rulemaking is intended to amend Chapter 62-306, F.A.C., consistent with the statutory changes, as well as update the rules to reflect knowledge gained during implementation of the pilot program.