Amendment in the nature of a substitute sought to retain provisions regarding Clean Water Act funding authorizations, assistance to small and rural communities, control of water pollution from combined sewer overflows (CSOs) and consistency of State programs with the Environmental Protection Agency's Great Lakes water quality guidance; replace wetlands language with provisions providing incentives for States to assume authority over wetlands regulation through delegation from EPA; expedite the Federal wetlands permitting process; make the Agriculture Department responsible for determining which areas are to be designated wetlands on all agriculture lands; require the establishment of a coordinating committee of Federal, State, and local officials to help develop and field-test national wetlands policies and a strategy for restoration of wetlands ecosystems; strike provisions establishing new requirements to compensate landowners for losses in property value resulting from Federal regulation; retain the special runoff control provisions currently applicable to coastal areas, but modify the current program in accordance with recommendations of the Coastal States Organization; allow affected States to target runoff control programs to the areas most threatened by pollution and give greater authority to use incentive-based programs and planning and manageme.t measures in lieu of enforceable requirements; retain the existing storm water management program, making several changes in the program, including placing a ten-year moratorium on the implementation of any new storm water requirements for light industries or communities with a population of less than 100,000; and prohibit the application of numeric effluent limits to municipal storm water permits.