Sec. 3. Rules relating to obligations of certified development companies under the National Environmental Policy Act
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Not later than 180 days after the date of the enactment of this Act, the Administrator of the Small Business Administration shall issue rules to clarify the procedures necessary for an eligible certified development company to comply with the applicable requirements under National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq.). Nothing in this section shall be construed to modify the requirements of the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq.).
In this section, the term eligible certified development company means a certified development company defined under title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 et seq.) that receives assistance pursuant to such title.
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Sec. 3
Rules relating to obligations of certified development companies under the National Environmental Policy Act
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