Chapter 1General Provisions
Section § 8600
This law is known as the Kapiloff Land Bank Act, a designation for this specific division.
Section § 8601
This section defines specific terms used in relation to land and environmental projects handled by the State Lands Commission in California. It establishes that the 'Commission' refers to the State Lands Commission, and the 'Fund' refers to the Land Bank Fund. The 'Trustee' is the State Lands Commission in charge of this Fund. 'Title settlements' are specific land transactions, like exchanges or agreements, that help resolve disputes over public land ownership. 'Mitigation' involves actions taken to reduce negative environmental impacts required for project approval, and a 'Project' refers to any property development that affects wetlands.
Section § 8602
This section highlights the importance of wetlands for California's environment, economy, and society. It acknowledges disputes regarding public trust rights in waterways, which can hinder land development and preservation. To balance these interests, the state finds that settling these disputes is good policy, as it avoids lengthy legal battles. Additionally, the state requires measures to lessen the negative environmental impacts of projects, especially in sensitive areas like wetlands. To support timely project completion, the state aims to facilitate these processes efficiently.