Ohio Admin. Code 3745-5-05 - General requirements for a water quality trading management plan application
(A)
A
All water quality management plan
application
applications shall be developed in accordance with
this chapter.
(B) Any person
proposing to modify water quality trading activities that are in an approved
water quality trading management plan or any person that proposes to expand a
watershed water quality trading area shall submit to the director a new water
quality trading management plan application. The new water quality trading
management plan application shall:
be submitted to the director at least six months prior
to modifying any water quality trading activities or expanding a water quality
trading area.
(1) Be submitted to the director at
least six months prior to modifying any water quality trading activities or
expanding a water quality trading area; and
(2) Be in accordance with this
chapter.
(C) A
water quality trading management plan renewal application shall be submitted to
the director at least six months prior to an
approved water quality trading management plan's expiration date. A water
quality trading management plan renewal application shall
be in accordance with this chapter and shall
also
include all of the following:
(1)
Include
an
An economic evaluation of the water
quality trading activities, including the number and types of water quality
trades, prices paid for any water quality credits, all administrative costs,
grant funding and in kind benefits received, and
a determination of any net cost savings resulting from the water quality
trading activities;
.
(2)
Assess
An assessment
of both the overall environmental and the economic effectiveness of all
water quality trading activity; and
.
(3) If
necessary, propose revisions or corrective
measures to the water quality trading management
plan.
(D) The
director may waive or reduce the scope of the evaluation and assessment
required under paragraphs (C)(1) and (C)(2) of this rule based on consideration
of factors, such as the number of trades that
have occurred, the number of nonpoint source BMPs that have been implemented,
the status of the BMPs and the overall participation level in a trading
program.
Notes
Promulgated Under: 119.03
Statutory Authority: 6111.03, 6111.04
Rule Amplifies: 6111.03, 6111.04
Prior Effective Dates: 01/01/2007, 11/01/2012
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.