EPA to Revise Threshold for Small Business Exemption From Some Chemical Reporting Requirements
The Environmental Protection Agency will revise small business size standards for an exemption from Toxic Substances Control Act Section 8(a) Preliminary Assessment Information Reporting requirements for manufacturers, importers and processors of certain chemicals, it said. The current threshold of $4 million, or $40 million when combined with a parent company if production of the chemical at any individual site doesn’t rise above 45,400 kilograms, falls well below small business thresholds for exemptions from similar regulations, EPA said. The agency will provide more opportunity for comment before it finalizes any actual changes to the size standard, it said.
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(Federal Register 11/30/17)