SB2978 amends Hawaii law to authorize conservation banks for offsetting impacts on endangered species.

SB2978 amends Hawaii law to authorize the use of conservation banks as compensatory mitigation for adverse impacts on threatened, endangered, candidate, or proposed species. Conservation banks are sites established to restore, create, enhance, or protect populations of these species and their habitats. The bill allows the Department of Land and Natural Resources to approve conservation bank instruments and requires habitat conservation plans to include conservation banks.

SB2978 amends Hawaii law to authorize conservation banks for offsetting impacts on endangered species.

SB2978 amends Hawaii law to authorize the use of conservation banks as compensatory mitigation for adverse impacts on threatened, endangered, candidate, or proposed species. Conservation banks are sites established to restore, create, enhance, or protect populations of these species and their habitats. The bill allows the Department of Land and Natural Resources to approve conservation bank instruments and requires habitat conservation plans to include conservation banks.