View all text of Subchapter V [§ 2280 - § 2357]
§ 2317b. Mitigation banks and in-lieu fee arrangements
(1) In general
(2) RequirementsAll potential mitigation bank and in-lieu fee credits that meet the criteria under paragraph (1) shall be considered a reasonable alternative for planning purposes if—
(A) the applicable mitigation bank—
(i) has an approved mitigation banking instrument; and
(ii) has completed a functional analysis of the potential credits using the approved Corps of Engineers certified habitat assessment model specific to the region; and
(B) the Secretary determines that the use of such banks or in-lieu fee programs provide reasonable assurance that the statutory (and regulatory) mitigation requirements for a water resources development project are met, including monitoring or demonstrating mitigation success.
(3) EffectNothing in this subsection—
(A) modifies or alters any requirement for a water resources development project to comply with applicable laws or regulations, including section 2283 of this title; or
(B) shall be construed as to limit mitigation alternatives or require the use of mitigation banks or in-lieu fee programs.
(Pub. L. 110–114, title II, § 2036(c), Nov. 8, 2007, 121 Stat. 1094; Pub. L. 114–322, title I, § 1163, Dec. 16, 2016, 130 Stat. 1669.)