The Future of Mitigation Banking in Florida

Florida’s mitigation banking framework is about to experience a major shift. Governor DeSantis has signed CS/CS/SB 492 into law, setting in motion a series of regulatory changes that will take effect July 1, 2025. 

The law introduces a standardized credit release schedule, allows the use of out-of-area credits under defined ecological multipliers, and requires annual reporting from all mitigation banks. These changes are poised to significantly impact how credits are released, applied, and tracked statewide. Here’s what you need to know now to stay ahead.

New Florida Law Reshapes Mitigation Banking – What You Need to Know