LEGISLATIVE ISSUES
3 Main Issues of Concern to the MNLICA Organization
Clean Water Restoration Act
Summary of effects of proposed changes to current bill
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Would remove ‘Navigable’ wording from Clean Water Act
Would remove ‘Navigable’ wording from Clean Water Act-Would remove “All Waters”
Would remove “All Waters”-Would regulate “Activities Affecting the Waters”
Would regulate “Activities Affecting the Waters”-Would limit the role of states & legislatures
Would limit the role of states & legislatures-More regulation = Less economic activity & development
More regulation = Less economic activity & development-Increase control over water from D.C.
Increase control over water from D.C.-Cost of expansion (Government) would be enormous
Cost of expansion (Government) would be enormous-Permitting will take more time – create additional expense
Permitting will take more time – create additional expense-Summary – HUGE expansion of Clean Water Act
Summary – HUGE expansion of Clean Water ActBill is presently stalled – Senator Oberstar does not have the votes but he wants this bill passed.
(If not signed – the bill reverts back to the 1935 – 1949 bill)
Two Other Bills that are circulating House & Senate to watch include:
1031 Exchange
They think the 1031 provision will be removed. This provision will limit 1031 exchanges for some kind of farm properties that would not get farm payments. Would be negative to land investments.
Habitat / Conservation financial incentives
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