I've been hearing about this for a while now and as I understand it, when/if approved, we will require EPA permits and approval for any and all construction on or near any body of water in the US, even the smallest of farm ponds. Failure to do so will incur a fine of $38K per day. Here is the URL to the EPA discussion:

http://water.epa.gov/lawsregs/guidance/wetlands/CWAwaters.cfm

I have planned to build a floating dock before next spring and wonder if I should hasten the pace before some fool tells me I can't. Anyone have any knowledge or insight on this?