Alaska contains approximately 63% of the nation's wetlands, measuring 130 million acres or roughly 1/3 of the entire state. Due to the size and unique nature of many of the wetlands found only in Alaska, the state is considering assuming the Federal jurisdiction over Section 404 of the Clean Water Act, overseeing dredge and fill. The transition is estimated to create 20 jobs. Virginia also began considering a similar program in 2012.
Currently only 2 of the 50 states, New Jersey and Michigan have been granted this authority to regulate wetlands under the Clean Water Act with mixed results, due to the complexity and scope of the projects and law. In fact, in 2008 the Federal government deemed that Michigan's program did not meet the standards required of the Clean Water Act and needed to correct its program. As a result, Michigan had investigated the return of permitting back to the federal Government in an attempt to save approximately 20 million dollars per year, but was tabled when Govenor Rick Snyder took office.
Despite the transition, the permitting requirements will remain unchanged, but permitting times would likely be shorter due to efficiencies when dealing with only one permitting party.
Edited 12/10/13 - MI state program audit
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