January 8, 2009

National Bankruptcy Day is Near (And Don’t Blame Ron Paul!)

Posted by Karen De Coster on January 8, 2009 08:31 PM | Post a civil, substantive, and intelligent comment

Remember when congress passed HR 4040?

Congress passed the Consumer Product Safety Improvement Act of 2008, or HR 4040, a retroactive rule mandating that all items sold for use by children under 12 must be tested by an independent party for lead and phthalates, which are chemicals used to make plastics more pliable.

All untested items, regardless of lead content, are to be declared “banned hazardous products.” The CPSC has already determined the law applies to every children’s item on shelves, not just to items made beginning Feb. 10.

The regulations could force thousands of businesses

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