States the General Assembly's intent to capitalize on wetland mitigation banks that meet federal mitigation requirements for wildlife habitat and hunting opportunities and that the directives in the act are intended to facilitate voluntary cooperation by third‑party groups to realize the goal of increased wildlife habitats and hunting opportunities on lands contained within wetland mitigation banks through the pursuit of federal mitigation credits without increasing the cost of achieving those credits. 

Enacts new GS 143‑214.15 requiring the Department of Environment and Natural Resources (DENR) to seek more net gains of aquatic resources through compensatory mitigation by increasing wetland establishment of diverse habitats. Also requires DENR to establish with the district engineer of the Wilmington District of the US Army Corps of Engineers compensatory mitigation credit ratios incentivizing the creation or establishment of diverse wetland habitats. Requires DENR to work with the Wildlife Resources Commission to ensure that all purchased mitigation lands or conservation easements on these lands maximize opportunities for public recreation and requires pursuing the voluntary involvement of third‑party groups. Requires DENR's Office of Land and Water Stewardship (Office) to catalog an inventory of all its land holdings and determine how many are potential wildlife habitats. Requires the Wildlife Resources Commission to conduct a third‑party review of this inventory, and for the Commission and the Office of Land and Water Stewardship to report their findings to the Environmental Review Commission (ERC). 

Requires the Office to issue a request for proposal if any nongovernmental entities want to purchase any of the inventoried land that is suitable for wildlife habitat. 

Requires DENR to report on its progress to the ERC by March 1 of each year.