OAR 340-039-0020: Trading Frameworks

(1) DEQ may establish one or more trading frameworks in a TMDL water quality management plan or water pollution control plan adopted by rule or issued by order under ORS 468B.015 or ORS 468B.110. If established, a trading framework must specify pollutants that are eligible for trading, the trading area, any priority areas, as well as regulations and applicable TMDL allocations and implementation schedules that will be used to derive trading baseline. (2) DEQ must provide an opportunity for public notice and comment before issuing a trading framework. (3) A trading framework is not required in order for DEQ to approve a water quality trading plan.