Oregon Revised Statutes Chapter 196 § 196.623 — Watershed enhancement project as mitigation bank; sale of mitigation credit
Oregon Revised Statutes Chapter 196 ·
Oregon Code § 196.623·Enacted ·Last updated March 01, 2026
Statute Text
Watershed enhancement project as mitigation bank; sale of mitigation credit.
(1) The Department of State Lands
may approve a watershed enhancement program and certify the project as a
mitigation bank under ORS 196.600 to 196.655 if the watershed enhancement
program complies with the rules adopted by the department under ORS 196.615 for
certification of a program as a mitigation bank.
(2) A person,
state agency, federal agency, federally recognized Indian tribe, watershed
council or political subdivision in this state that owns land upon which is
located a watershed enhancement program that qualifies as a mitigation bank
under subsection (1) of this section may sell mitigation credit from the
mitigation bank subject to ORS 196.600 to 196.655 and the rules of the
Department of State Lands adopted under ORS 196.600 to 196.655. [1997 c.444 §2;
2009 c.343 §6]
Plain English Explanation
This Oregon statute addresses Watershed enhancement project as mitigation bank; sale of mitigation credit. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 196.623
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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