Get Started: Agencies start process to rescind water rule

WETLANDS REGULATION

The Environmental Protection Agency and the Army Corps of Engineers have started a process aimed at ending a federal regulation — opposed by some small business groups — that sought to expand government jurisdiction over bodies of water.

The agencies published a notice in the Federal Register last week seeking comment on the government's plan to rescind the Waters of the United States rule, which would shield many small streams, wetlands and other bodies of water from pollution and development.

Some small business groups and agricultural organizations oppose the rule, claiming that it imposes unfair limits on the use of private lands. One concern raised by small business groups is that the rule would prevent companies from making improvements to their property — for example, creating parking lots — without going through a lengthy and expensive permit process.

The agencies' move follows up on an executive order signed by President Donald Trump in February directing the EPA and the Army Corps of Engineers to review the rule. The regulation issued in 2015 has not yet taken effect because it has been the subject of litigation. It is related to the Clean Water Act.

You can see the agencies' proposal and submit comments on the Federal Register's website. Visit http://bit.ly/2vQBeY9 .

NO MORE MyRAs

The Treasury Department is ending a savings program designed for people without employer-sponsored retirement plans. The program, called myRA, was created in 2014, but demand has been low, with only about $34 million put away, the Treasury says. Meanwhile, the program cost taxpayers nearly $70 million.

People without retirement plan options at work can still open up accounts known as Roth IRAs at banks and other financial institutions.

ONLINE SEMINARS

Many business owners may not realize the importance of having a budget, or they may think they need to have accounting ability to create one. SCORE, the organization that offers free counseling to small companies, plans an online seminar about the importance of budgeting on Wednesday, Aug. 2, at 1 p.m. Eastern time. You can learn more and register at http://bit.ly/2sXfsEq .

SCORE also plans an online seminar about starting a part-time business. It will be held Thursday, Aug. 3 at 1 p.m. Eastern time. Learn more and register at http://bit.ly/2ha9IS8 .

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Follow Joyce Rosenberg at www.twitter.com/JoyceMRosenberg . Her work can be found here: https://apnews.com/search/joyce%20rosenberg