Amends MAP-21 to increase the threshold for categorical exclusion for projects of limited federal assistance.
The Small Projects Expedited Execution and Delivery Act, also known as the SPEED Act, amends the Moving Ahead for Progress in the 21st Century Act (MAP-21) to modify provisions relating to a categorical exclusion for projects of limited federal assistance. The bill increases the threshold for categorical exclusion from $6,000,000 to $12,000,000 and from $35,000,000 to $70,000,000. This change aims to expedite the execution and delivery of small projects by reducing the regulatory burden on certain federal assistance projects.
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