The Passing Of The Rapid Act
What Is The RAPID Act?
The National Roofing Contractor’s Association (NRCA) has applauded the House for their approval of H.R. 348, something that will assist in decreasing regulatory difficulties in the construction industry. H.R. 348, also known as the Responsibly and Professionally Invigorating Development Act (RAPID) was heavily supported by NRCA. The RAPID Act is a bill that efficiently moves along the permitting process for private development and federal government projects that necessitate environmental permits, something that can take years or decades to gain approval under current laws, which leads to construction delays.
How Will The RAPID Act Affect Construction?
When the RAPID Act comes into effect, the regulatory process under which many public and private construction projects procure required environmental permits, will be done in a more timely manner. On September 25, 2015, The House approved the Bill on a bipartisan vote of 233 to170.
The NRCA’s Support Of The RAPID Act
As Orlando construction attorneys, we are aware that the NRCA is hopeful that the House and Senate lawmakers will assemble in the time ahead to cultivate what the differences are between the House and Senate bills and deliver the final legislation to the President to get it signed into law. The NRCA has stated that they will steadily work to achieve this and any other legislations that will decrease regulatory encumbrance and will attain upgraded economic development and job production in the roofing industry and throughout the U.S. economy.
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Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.