Oregon SB1584 establishes a pilot program for landowners to restore salmon habitat in the Coquille and Coos watershed basins.

Oregon SB1584 directs the Department of State Lands to create a salmon credit pilot program, encouraging voluntary restoration of salmonid habitat in the Coquille and Coos watershed basins. The program allows landowners to develop projects that restore salmon habitat, with the option for others to purchase credits from these projects. The Department of State Lands will establish fees for applications and credit purchases, with proceeds credited to the Common School Fund. The Salmon Credit Trust Fund is established to manage funds for paying dividends to credit generators.

Oregon SB1584 establishes a pilot program for landowners to restore salmon habitat in the Coquille and Coos watershed basins.

Oregon SB1584 directs the Department of State Lands to create a salmon credit pilot program, encouraging voluntary restoration of salmonid habitat in the Coquille and Coos watershed basins. The program allows landowners to develop projects that restore salmon habitat, with the option for others to purchase credits from these projects. The Department of State Lands will establish fees for applications and credit purchases, with proceeds credited to the Common School Fund. The Salmon Credit Trust Fund is established to manage funds for paying dividends to credit generators.