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Elimination of Future Technology Delays Act of 2023

Source: Congress.gov  ·  778 words in original text
This bill amends the Toxic Substances Control Act (a federal law regulating chemical safety) to create special rules for chemicals that are critical energy resources. The bill allows companies to move forward with using these chemicals even if the federal government has not finished reviewing them within the required timeframe.
Companies that submit notices to use new chemical substances that are critical energy resources; the Environmental Protection Agency (the federal agency that reviews chemical safety); and the Secretary of Energy (the cabinet official overseeing energy policy).
• When reviewing chemicals that are critical energy resources, the EPA must consider economic costs and benefits, not just environmental and health concerns (Sec. 2). • If the EPA fails to make a decision on a chemical substance that is a critical energy resource within the required review period, the company can move forward with using the chemical anyway, and the EPA no longer has to make a decision (Sec. 2). • The EPA cannot ask a company to withdraw its chemical notice or delay the review period for critical energy resources unless the EPA has already done a preliminary review and given the company a draft decision (Sec. 2). • A "critical energy resource" is defined as an energy resource that is essential to the U.S. energy sector and has a supply chain vulnerable to disruption, as determined by the Secretary of Energy (Sec. 2).
The EPA's review process for new chemicals that are critical energy resources will be different from the standard process. Companies will have the ability to proceed with using these chemicals if the EPA does not complete its review on time.
"Critical energy resource": An energy resource that is essential to the U.S. energy sector and has a supply chain vulnerable to disruption, as determined by the Secretary of Energy (Sec. 2).
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.