EPA to Revise TSCA Small Business Size Standards
US EPA announced in the Federal Register today that it will adjust the current size standard for what constitutes a “small manufacturer or processor” for the purpose of TSCA Section 8(a) chemical data reporting requirements.
Under TSCA—as amended by the Frank R. Lautenberg Chemical Safety for the 21st Century Act—EPA is required to consider whether to adjust the TSCA small business standard. Today’s announcement makes no regulatory changes, but it starts the process of updating the small business standard for TSCA CDR reporting.
EPA codified the general size standards for chemical manufacturers, processors, and importers in 1988.
EPA notes that the lowest threshold for a “small business” under TSCA is annual sales of $4 million, whereas the lowest threshold for a “small business” under Small Business Administration standards is annual sales of $5.5 million.
Further, when EPA set small business standards under its TSCA nanoscale reporting rules in 2016, the Agency chose annual sales of $11 million as the small business threshold. So, the $4 million threshold may no longer be realistic—especially given the cost of chemicals in 2017. From 1988 to 2015, the Producer Price Index (PPI) for Chemicals and Allied Products rose by 129%.
Do you know your responsibilities for chemical reporting under the reformed TSCA rules?
The TSCA Regulations Online Course guides EHS managers through these complex requirements—including how to use the TSCA Chemical Inventory; inventory, IUR, or “Form U” reporting responsibilities; Chemical Data Reporting; Pre Manufacture Notifications (PMN); Significant New Use Rules (SNUR); management standards for PCBs, and much more.
Under TSCA—as amended by the Frank R. Lautenberg Chemical Safety for the 21st Century Act—EPA is required to consider whether to adjust the TSCA small business standard. Today’s announcement makes no regulatory changes, but it starts the process of updating the small business standard for TSCA CDR reporting.
TSCA Small Business Size Threshold Is Likely to Rise
EPA codified the general size standards for chemical manufacturers, processors, and importers in 1988.EPA notes that the lowest threshold for a “small business” under TSCA is annual sales of $4 million, whereas the lowest threshold for a “small business” under Small Business Administration standards is annual sales of $5.5 million.
Further, when EPA set small business standards under its TSCA nanoscale reporting rules in 2016, the Agency chose annual sales of $11 million as the small business threshold. So, the $4 million threshold may no longer be realistic—especially given the cost of chemicals in 2017. From 1988 to 2015, the Producer Price Index (PPI) for Chemicals and Allied Products rose by 129%.
TSCA Online Training
Do you know your responsibilities for chemical reporting under the reformed TSCA rules?The TSCA Regulations Online Course guides EHS managers through these complex requirements—including how to use the TSCA Chemical Inventory; inventory, IUR, or “Form U” reporting responsibilities; Chemical Data Reporting; Pre Manufacture Notifications (PMN); Significant New Use Rules (SNUR); management standards for PCBs, and much more.
Tags: chemicals, EPA, hazardous substances, new rules, TSCA
Find a Post
Recent Posts
Compliance Archives
Download Our Latest Whitepaper
This guide will help you identify 25 of the most -cited errors in RCRA training, recordkeeping, hazardous waste ID, container management, universal waste, and laboratories.
By submitting your phone number, you agree to receive recurring marketing and training text messages. Consent to receive text messages is not required for any purchases. Text STOP at any time to cancel. Message and data rates may apply. View our Terms & Conditions and Privacy Policy.