PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Small Business Group Applauds NEPA Modernization Rule

By at 15 July, 2020, 4:20 pm

NEWS

For Immediate Release

Washington, D.C. – Today, the Trump Administration issued a final rule to modernize 40-year old regulations that will improve and accelerate environmental reviews under the National Environmental Policy Act (NEPA). The final rule will serve to streamline environmental reviews under NEPA so that infrastructure can be built in a timely, efficient and cost-effective manner. According to Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan, the new rule addresses a convoluted and costly process that stands in the way of modern infrastructure projects, and would also improve environmental conditions.

“Reducing NEPA delays, red tape, and costs will allow our economy to more quickly reap the benefits of modern infrastructure, which will save time and money for individuals and small businesses alike. The environment will also benefit through less congestion, faster routes and projects that promote energy efficiency and alternatives. Moreover, America’s economy needs the investment and jobs that infrastructure projects generate. Getting these projects off-the-ground through a balanced process and faster timeline will translate into jobs and growth opportunities for small businesses. This is the type of opportunity individuals and entrepreneurs will need to recover from the COVID-19 crash,” said Kerrigan.

As noted by Kerrigan in comments filed in March 2020 on behalf of the SBE Council in support of modernization and a streamlined process: “America’s small businesses and entrepreneurs have a direct stake in modernizing NEPA, as poor and dated infrastructure impacts their day-to-day operations, their employees’ quality of life, and their ability to compete and grow. Transportation and traffic congestion undermine small business productivity and employee morale, and higher costs and lost time area drag on optimism and health.”

Kerrigan added that the environmental review process was long overdue for reform, and that all Americans should support the goals of a modernized process, which will make government work better, more transparently and in the interest of local economies and citizens:

“Americans, especially small business owners, understand the big costs associated with time and money spent in traffic, and the toll this also takes on their quality of life. The changes to NEPA is welcome news, and we thank President Trump for his leadership in this critical area.”

Related content and resources:

SBE Council Comments to the Council on Environmental Quality on Modernizing NEPA, March 3, 2020.

SBE Council’s “NEPA Delay Map”: Projects Delayed and Their Impact on Local Economies.

Contact: Karen Kerrigan, kkerrigan@sbecouncil.org

SBE Council is nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For 25 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth. Visit www.sbecouncil.org for additional information. Twitter: @SBECouncil

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