Chesapeake Bay Watershed General Permit Trading Ratio Study

In 2012, the General Assembly passed Senate Bill 77 and HB 176 which contained the following clause:

“That by July 1, 2013, the State Water Control Board shall reevaluate its trading ratio for nutrient allocation acquisition pursuant to subdivision B 1 b of § 62.1-44.19:15 of the Code of Virginia, giving full consideration to similar trading ratios established by § 10.1-603.8:1 of the Code of Virginia, § 10.1-603.15:2 as added by this act, and trading programs in other Chesapeake Bay watershed states. The Board shall establish an advisory group of interested stakeholders for the purpose of receiving recommendations during the reevaluation regarding an appropriate ratio.  If warranted based on the outcome of the reevaluation, the Board shall adopt a revised trading ratio for purposes of subdivision B 1 b of § 62.1-44.19:15 as soon as practicable following the completion of the reevaluation.”

As a result of this action by the General Assembly, DEQ established a study committee and will report to the State Water Control Board within the specified timeframe.

Final Report to the State Water Control Board 

DEQ has completed a re-evaluation of its current 2:1 trading ratio for nutrient allocations acquired pursuant to subdivision B 1 b of §62.1-44.19:15 of the Code of Virginia and is seeking comment on the Nutrient Credit Trading Ratio Study Report. The comment period will end on March 16, 2015, and comments should be submitted to the attention of Allan Brockenbrough, Department of Environmental Quality, Office of VPDES Permits, P.O. Box 1105, Richmond, VA 23218, or by email at allan.brockenbrough@deq.virginia.gov.comment.

Nutrient Credit Trading Ratio Study Report, December 23, 2014

Scheduled Meetings and Materials

January 8, 2013

October 9, 2012

Additional Materials Provided to Committee Members

Contact Information

James Davis-Martin, (804) 698-4298

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Virginia Department of
Environmental Quality
P.O. Box 1105
Richmond, VA 23218
(804) 698-4000


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