Background Paper on Accelerating Permitting Decisions and Extending Permit Durations

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CEO priority: Energy efficiency, sustainability

Business Roundtable-member CEOs are leading the way on energy efficiency and sustainability.

Background

The review and approval processes for building and operating permits are frequently confusing, unpredictable and can take an exceptionally long time. This often sets up major barriers to new industries or causes a business or industry to miss a key window of market opportunity. Given our country’s current economic environment, we can no longer afford to allow inefficient processes to stifle economic growth.

Potential Impact of Regulation

It often takes much longer for businesses in the United States to receive the approvals necessary to build, modify and operate facilities than it does in other parts of the world. Delay often adds to the cost of a project and multiple permits add uncertainty to investment decisions. Additional permitting costs and uncertainty ultimately negatively impact job creation and retention.

Action Needed

The permitting process needs to be streamlined and transformed to be fast, efficient, clear, affordable and predictable. The government needs to rewrite regulations in a way that will accelerate the permitting decisions process and encourage investment in the United States. Each government agency issuing permits should be examined for opportunities to improve consistent with global best practices. It can also reduce the amount of delay by reducing the number of times a business must apply and reapply for a permit. Extending the duration of permits is, obviously, the easiest and quickest way to accomplish that.

Please note: This document is current only as of the date listed above.

Date	Title	Description
04/24/2012	Permitting Jobs and Business Investment	The CEOs of Business Roundtable believe that it is time to simplify, streamline and accelerate America’s permitting process with the goal of encouraging large-scale capital investments in the U.S. economy while maintaining the nation’s commitments to health, safety and soundness. With this goal in mind, this report identifies key challenges associated with the existing regulatory permitting system and sets forth a series of recommended reforms.
04/18/2012	Business Roundtable Position on U.S. Housing Policy: Principles for Reform	For every new house built in the United States, three new full-time jobs are created.[1] The sooner U.S. housing starts return to the historical average of 1.2 million per year, the sooner we realize the creation of 1.5 million new full-time jobs in construction, manufacturing, and related supply chains.
04/18/2012	Create, Grow, Sustain 2012 Report	Business Roundtable’s 2012 Sustainability Report — Create, Grow, Sustain — now in its fifth year, features narratives from 126 CEOs on how their companies are leading the way with solutions to make the U.S. economy more sustainable while also driving economic growth and job creation. From sustainable supply chain and water management to energy efficiency and the use of cutting-edge technology, sustainable business practices are ingrained into the fabric of each featured company’s business practices.
04/02/2012	Marching Toward Madness	In 1986, the U.S. slashed its corporate tax rates in order to be more competitive. Since then, other countries have followed suit – leaving us behind. Higher tax rates make American companies less competitive, discourage foreign investment in the U.S. and stifle job growth. In addition, many of the rules for taxing the income American businesses earn abroad date back to the 1960s, and are completely out of sync with the way our leading competitors in Europe and Asia tax their companies. Once again, this puts U.S. companies and workers at a competitive disadvantage.
03/28/2012	CEO Economic Outlook Survey Comparison of Results: 2011Q1 - 2012Q1	Business Roundtable's CEO Economic Outlook Survey, conducted quarterly since the fourth quarter of 2002, provides a forward-looking view of the economic outlook of Business Roundtable member CEOs.
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Date

Title

Description

04/24/2012

Permitting Jobs and Business Investment

The CEOs of Business Roundtable believe that it is time to simplify, streamline and accelerate America’s permitting process with the goal of encouraging large-scale capital investments in the U.S. economy while maintaining the nation’s commitments to health, safety and soundness. With this goal in mind, this report identifies key challenges associated with the existing regulatory permitting system and sets forth a series of recommended reforms.

04/18/2012

Business Roundtable Position on U.S. Housing Policy: Principles for Reform

For every new house built in the United States, three new full-time jobs are created.[1] The sooner U.S. housing starts return to the historical average of 1.2 million per year, the sooner we realize the creation of 1.5 million new full-time jobs in construction, manufacturing, and related supply chains.

04/18/2012

Create, Grow, Sustain 2012 Report

Business Roundtable’s 2012 Sustainability Report — Create, Grow, Sustain — now in its fifth year, features narratives from 126 CEOs on how their companies are leading the way with solutions to make the U.S. economy more sustainable while also driving economic growth and job creation. From sustainable supply chain and water management to energy efficiency and the use of cutting-edge technology, sustainable business practices are ingrained into the fabric of each featured company’s business practices.

04/02/2012

Marching Toward Madness

In 1986, the U.S. slashed its corporate tax rates in order to be more competitive. Since then, other countries have followed suit – leaving us behind. Higher tax rates make American companies less competitive, discourage foreign investment in the U.S. and stifle job growth. In addition, many of the rules for taxing the income American businesses earn abroad date back to the 1960s, and are completely out of sync with the way our leading competitors in Europe and Asia tax their companies. Once again, this puts U.S. companies and workers at a competitive disadvantage.

03/28/2012

CEO Economic Outlook Survey Comparison of Results: 2011Q1 - 2012Q1

Business Roundtable's CEO Economic Outlook Survey, conducted quarterly since the fourth quarter of 2002, provides a forward-looking view of the economic outlook of Business Roundtable member CEOs.

1 2 3 > Last »

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