Environmental
The National Environmental Policy Act (NEPA) requires federal agencies to:
APay for all private environmental cleanups in Rhode Island
BPrepare environmental impact statements for major federal actions significantly affecting the environment✓ Correct
CRegister all Rhode Island wetlands with the Army Corps of Engineers
DRestrict all development within 500 feet of any waterway
Explanation
NEPA requires federal agencies to prepare environmental impact statements (EIS) for major federal actions that significantly affect the quality of the human environment, to ensure environmental considerations are analyzed before decisions are made.
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Key Terms to Know
Adjustable-Rate Mortgage (ARM)
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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