US EPA extends comment period for proposed updates to TSCA Fees Rule
The United States Environmental Protection Agency (EPA) recently announced an extension of the comment period for proposed updates to the TSCA Fees Rule. This extension adds 30 days to the comment period set to expire on February 25, 2021.
Some of the proposed changes to the 2018 TSCA Fees Rule include:
- Using cost data gathered over the last two years, rather than estimates, to update the fee calculations.
- Ensuring fees are fairly and appropriately shared across companies by proposing a production-volume based fee allocation and that export-only manufacturers pay fees for EPA-initiated risk evaluations.
- Allowing for corrections to be made to the list of manufacturers subject to fees for EPA-initiated risk evaluations after the final list is published, ensuring the accuracy of the list.
- Increasing flexibility for companies by extending the amount of time to form consortia to share in fee payments.
- Ensuring EPA can fully collect fees and enabling companies to better prepare for paying fees by allowing payments in instalments for EPA-initiated and manufacturer-requested risk evaluations.
For more information on the proposed revisions to the TSCA Fees Rule, click here.
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