NAIOP’s stance on Wetlands we would like to see a balanced approach to the federal wetlands permitting program (Section 404); one that provides simplification and efficiency toward the permitting process while protecting sensitive environmental areas.
We strongly support the concept of mitigation banking, which offsets destroyed or degraded wetlands in one area with newly created, enhanced or restored wetlands elsewhere, thereby balancing the needs of developers and the environment.
NAIOP opposes attempts to increase the authority of the federal government to regulate wetlands and believes that states have an inherit right to protect and regulate state waters without the federal government imposing additional regulations that often do little to actually protect waterways.
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