The Council on Environmental Quality (CEQ) has updated the regulations for its Office of Environmental Quality Management Fund. These updates are intended to clarify the regulations' meanings, modernize them to align with CEQ's current practices, and remove outdated provisions. The regulations now include new definitions for key terms and improve the explanation of policies and procedures related to environmental projects and study contracts. CEQ has determined that these changes will not have a significant impact on small entities or require an environmental impact statement.
Simple Explanation
The Council on Environmental Quality has made some updates to their rules to make things clearer and more up-to-date, like explaining how they can spend money on environmental projects. However, they didn't mention how much they can spend or how to keep a close eye on it, which might cause problems later.