Hawaii House Bill HB2711

Hawaii 2024 Regular Session

• Introduced: 1/24/24
• Refer: 1/26/24

Caption

Relating To Conservation Mitigation Banks.

Impact

By authorizing the Department of Land and Natural Resources (DLNR) to create these banks, HB2711 modifies existing state law by allowing for a structured way to handle compensatory mitigation. The bill specifically permits the DLNR to contract with third-party administrators who specialize in mitigation banking, thus enhancing the operational capabilities and potential effectiveness of conservation efforts. Furthermore, it introduces provisions for the sale of credits generated by these banks, which could be pivotal in creating a market for ecological restoration services.

Summary

House Bill 2711 aims to establish and operate conservation mitigation banks in Hawaii. The bill defines conservation mitigation banks as mechanisms that can restore, enhance, or preserve natural habitats that have been adversely impacted. It suggests leveraging the successful frameworks already in place in multiple states and the federal government since 2001. By doing so, HB2711 seeks to address the prevailing need for compensatory mitigation strategies that are often more effective, efficient, and less uncertain than traditional methods. This includes reducing permit processing times and making better use of limited agency resources for compliance monitoring.

Contention

Potential points of contention surrounding HB2711 may arise from concerns about the management and oversight of these conservation banks. Questions could include who determines the success of a mitigation project and how the ecological conditions are maintained over time. Additionally, the provisions allowing for third-party management raise debates about accountability and the extent of private interests in conservation efforts. As the bill moves through the legislative process, stakeholders may express different views on whether the proposed measures adequately protect habitats and ensure effective resource management.