SOCMA Announces 2013 Legislative Priorities for Specialty Chemical Manufacturers
WASHINGTON, Feb. 1, 2013 /PRNewswire-USNewswire/ -- The Society of Chemical Manufacturers and Affiliates [1], a trade association representing specialty chemical manufacturers, today announced its top legislative priorities for 2013 and the 113(th) Congress.
-- TSCA Reform - Given that past comprehensive attempts have failed and the
congressional dynamics have not changed, SOCMA will share its vision of
carefully tailored reform of the Toxic Substances Control Act, possibly
achieved in forms of "down payments," lessening the chances of partisan
gridlock.
-- Regulatory Reform - New studies show that chemical manufacturing output
could be reduced 9-10 percent per year on average over the next decade
due to government regulations. SOCMA will educate new members of
Congress and heads of federal agencies about burdens regulations place
on specialty chemical manufacturers. SOCMA has created an educational
webpage, www.ReiningInRegulations.com, to further advance the
association's recommendations.
-- Chemical Site Security - SOCMA continues to support permanent risk-based
regulations that comprehensively address security at chemical facilities
without mandating product substitution. SOCMA will support extensions of
the Department of Homeland Security's Chemical Facility Anti-Terrorism
Standards to prevent their expiration, but will also continue to
advocate for passage of a stand-alone, long-term reauthorization of
DHS's current chemical security regulations.
-- Miscellaneous Tariff Bill - Congress failed to pass the Miscellaneous
Tariff Bill (MTB) before it expired last year, and chemical
manufacturers are now dealing with what is essentially a tax hike from
increased duties on products imported for their manufacturing process.
Savings from duty suspensions have allowed the specialty chemical
industry to keep their products at globally competitive prices. SOCMA
will advocate for the reintroduction and passage of the MTB this
Congress.
-- FreeTrade Agreements - SOCMA will advocate for a U.S.-EU Free Trade
Agreement (FTA) to be initiated this year. The flow of goods between
these two continents is one of the U.S.'s largest trade relationships.
Data show the U.S. chemical industry stands to benefit the most from a
FTA with the EU - more than $1 billion in duties were assessed on U.S.
chemical exports last year.
About SOCMA
SOCMA is the only U.S.-based trade association dedicated solely to the specialty chemical industry. To learn more, visit www.SpecialtyManufacturing.org [2].
Contact:
Jenny Gaines
Assistant Manager, PR & Media
(202) 721-4123
gainesj@socma.com [3]
SOURCE Society of Chemical Manufacturers and Affiliates
Links:
[1] http://www.socma.com/
[2] http://www.specialtymanufacturing.org/
[3] mailto:gainesj@socma.com
[4] http://www.freshnews.com/node/606519