By this rule, EDA removes its regulations pertaining to trade adjustment assistance for firms, effective September 30, 2028. The removal of these regulations is ultimately necessary to reflect both the lapse of the underlying statutory authorization as well as the inactive status of this assistance program, and to ensure that EDA's body of regulations remains accurate and up-to-date. This action is intended to eliminate outdated regulatory language, and thereby reduce the possibility of confusion, without altering any substantive obligation or entitlement.
By this rule, EDA amends its regulations governing public works and economic development investments by removing certain unnecessary language. Specifically, this action removes unnecessary language related to bid overrun, project signs, and occupancy prior to final acceptance. This action is intended to streamline EDA's regulations without diminishing any substantive rights or obligations in connection with public works and economic development investments.
By this rule, EDA amends its regulations governing planning investments and comprehensive economic development strategies by removing certain redundant language. Specifically, this rule removes a section pertaining to eligible administrative expenses on the basis that it is redundant with the government-wide cost principles set forth elsewhere in the Code of Federal Regulations. This action is intended to streamline EDA's regulations by eliminating unnecessary regulatory text, and thereby promote administrative efficiency, without diminishing any substantive obligation or entitlement related to planning investments and comprehensive economic development strategies.
By this rule, EDA amends its regulations establishing general terms and conditions for investment assistance by removing three unnecessary sections. This action is intended to streamline the described body of regulations, eliminate redundant and otherwise unwarranted regulatory text, and to promote administrative efficiency without diminishing any substantive obligations or entitlements related to EDA's investment assistance.
On January 4, 2025, the Economic Development Reauthorization Act of 2024 became law. The Economic Development Administration ("EDA"), U.S. Department of Commerce, publishes this final rule to reflect an amendment made to the grant rates prescribed by EDA's authorizing statute, the Public Works and Economic Development Act of 1965. Immediate implementation of the rule will prevent public confusion between EDA's implementing regulations and changes enacted in the Economic Development Reauthorization Act of 2024.
Through this final rule, the Economic Development Administration (EDA), U.S. Department of Commerce, is amending its environmental regulation. Amending this regulation is necessary to remove references to the Council on Environmental Quality (CEQ)'s National Environmental Policy Act (NEPA) implementing regulations, which CEQ has rescinded, and to clarify EDA internal staffing of Environmental Officers.
Through this final rule, the Economic Development Administration (EDA), U.S. Department of Commerce, is eliminating the regulations on supplementary investment assistance. The regulation is confusing and does not provide any guidance in addition to what is already in section 205 of EDA's enabling statute, the Public Works, and Economic Development Act of 1965.
