Bill > S1894

This bill (the Small Projects Expedited Execution and Delivery Act or SPEED Act) modifies a provision in MAP-21 (Moving Ahead for Progress in the 21st Century Act, a transportation funding law) related to categorical exclusions for transportation projects with limited federal funding. Specifically, the bill increases the threshold for projects that can receive a categorical exclusion, which is a type of streamlined environmental review process that allows certain smaller, low-impact projects to bypass more extensive environmental assessments. The bill raises the funding threshold from $6 million to $12 million for projects receiving federal-aid highway funding, and from $35 million to $70 million for projects involving federal transit funding. By increasing these monetary limits, the bill aims to expedite the planning and approval process for smaller transportation infrastructure projects, potentially reducing bureaucratic delays and making it easier for state and local governments to move forward with transportation improvements more quickly and efficiently.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-bill/1894/all-info