On June 30, 2008, Governor Charlie Crist vetoed a bill enacted by the 110th Florida Legislature that called for the establishment of seagrass mitigation banks on sovereign submerged lands. Mitigation banks are a method by which third-parties can become involved in curtailing the negative environmental effects of development. Coastal development often impacts important environmental resources, such as seagrasses, and developers are typically left to shoulder the burden of compensating for those impacts. Mitigation done by a developer, known as permittee-responsible mitigation, has a history of being unsuccessful and leading to a net loss of resources. On the other hand, new federal regulations recognize mitigation banking as the preferred method of compensatory mitigation because it is a safer, more beneficial means of making up for lost resources. Governor Crist’s veto letter gives the impression that he is genuinely trying to protect seagrasses. Instead, by vetoing the bill, he has removed this beneficial method of third-party involvement—leaving the fate of impacted seagrass beds in the hands of developers.