Relating to the creation of credits for the restoration of salmon habitat; prescribing an effective date.

Summary

The bill directs the Oregon Department of State Lands, with the Fish and Wildlife Department, to design a credit system that rewards owners of agricultural or forest land for restoring salmon habitat. Credits can be purchased by parties that need to meet mitigation requirements, and a trust fund would pay dividends to the landowners. The measure aims to increase voluntary habitat restoration while providing a financial incentive.

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