Bill to Modernize Regulations Gains Near-Unanimous Approval in Senate
House Bill 795 (SEPA Reform), which passed the House last month with strong bipartisan support, takes important steps to modernize outdated regulations impacting new business growth. The bill cleared the Senate today with near-unanimous support, and will now be sent back to the House for consideration of Senate changes. We encourage House and Senate leaders to continue to work together for passage of this important pro-jobs legislation.
Under current law, the State Environmental Policy Act (SEPA) requires a review process in addition to federal approval that can add years to the development of new economic opportunities. This lengthy review process exposes businesses to frivolous lawsuits aimed at tying up capital investment projects and impeding job growth.
House Bill 795 deters these frivolous lawsuits by establishing sensible qualifications for SEPA review, promoting economic growth while maintaining strong environmental protections. In addition to supporting House Bill 795, the NC Chamber remains committed to fighting for balanced regulations that allow our companies to compete for growth in a modern economy.
We will keep you updated on the status of this bill as it moves back to the House.
Gary J. Salamido
Vice President, Government Affairs
North Carolina Chamber