This is a public workshop on a new Chapter 62-306, F.A.C., regarding water quality credit trading. The public workshop will address a pilot water quality trading program for the Lower St. Johns River Basin. The rule will establish the procedures for water quality credit trading, including the process to determine how credits are generated, quantified, and validated; the process for tracking credits, trades, and prices paid; limitations on the use of credits, including eligible pollutants, minimum water quality requirements, and any adjustments for uncertainty or location; the timing, duration, and transfer of credits; and the mechanisms for determining compliance with trade provisions.