January 6, 2026
NFIB supports permitting reform legislation to reduce energy costs
What it means: The SPEED Act, a bill that reduces permitting burdens and limits frivolous lawsuits that hinder energy development projects, has passed in the United States House of Representatives. The bill now moves on to the Senate for a vote. NFIB sent a letter to Congress in support of The SPEED Act.
Our take: Rising energy costs are a top priority for small businesses across the country. It is crucial to reform the current permitting process that delays and cancels critical projects.
Take Action: Tell the Senate to support the SPEED Act to help lower energy costs for small businesses!
Government regulations and bureaucratic processes have long been a roadblock for small businesses across industries. NFIB sent a letter to the U.S. House of Representatives in support of the Standardizing Permitting and Expediting Economic Development (SPEED) Act.
If enacted, the legislation would reduce red tape, permitting burdens, and energy costs for small businesses. Reforming the current environmental review processes and removing the red tape that delays and often cancels infrastructure projects would give small businesses much needed access to affordable energy sources.
With national and global energy demands multiplying each year, the need for affordable and accessible energy has never been more important, especially for small businesses who are disproportionally impacted by soaring energy costs. The SPEED Act helps facilitate energy infrastructure, lower energy costs, and limits bureaucratic red tape to benefit American small businesses.
Read the full letter of support to the U.S. House of Representatives and learn more about recent energy updates affecting small businesses.
Take Action: Tell Congress how energy costs impact your small business.
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
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