Bill 118 s 3667, also known as the Consumer Product Safety Act Amendment, aims to make changes to the existing Consumer Product Safety Act. The main focus of this bill is to remove certain provisions that pertain to the maximum civil penalties for violations of product safety standards.
Currently, the Consumer Product Safety Act includes specific guidelines for the maximum civil penalties that can be imposed on companies or individuals who violate product safety standards. This bill seeks to strike these provisions, which means that there would no longer be a set limit on the fines that can be imposed for such violations.
By removing these restrictions on civil penalties, supporters of the bill argue that it will provide greater flexibility for enforcement agencies to hold companies and individuals accountable for failing to meet product safety standards. This could potentially lead to stronger enforcement actions and better protection for consumers.
Opponents of the bill, however, may argue that removing the maximum civil penalties could result in excessive fines being imposed on businesses, which could have negative economic consequences. They may also raise concerns about potential inconsistencies in enforcement actions without clear guidelines on penalty limits.
Overall, Bill 118 s 3667 is a proposed amendment to the Consumer Product Safety Act that aims to remove provisions related to maximum civil penalties for violations of product safety standards. The potential impact of this bill on consumer protection and business regulation remains a topic of debate among lawmakers and stakeholders.