PROMOTES AMERICA’S ROLE AS THE WORLD’S LEADING INNOVATOR

Establishes a gold standard for chemical regulation

  • Creates an efficient, cost-effective risk-based chemical regulatory program that can serve as a model for other countries considering new chemical regulations.

Protects confidential business information of American companies

  • It maintains strong protections for vital intellectual property so American companies can preserve their competitive advantage.
  • CBI claims will expire after 10 years unless a company re-submits its claim.
  • EPA will be required to enhance access to CBI for states, medical professionals, and first responders.

Promotes American innovation

  • It ensures manufacturers can bring new chemicals to market in an efficient way so American businesses can compete in the fast-paced global marketplace.
  • It maintains exemptions for certain chemicals that are required for a critical use, such as national defense.
  • Small businesses are subject to reduced fees so they can more easily introduce new products.