- Contract Packaging
- Leaders in Packaging
- Calendar of Events
Article | February 28, 1995
Deregulation would affect packaging industry
Efforts by Congress to ease the federal regulatory burdens on business could have a big impact on all aspects of the packaging industry. Rep. David McIntosh (R-IN), a leader in the deregulation efforts, outlined a three-phase process.
Phase I is a moratorium on all federal rulemaking until June 30. Phase II is legislation to change the regulatory process itself. This "risk bill" introduced would require regulatory agencies to conduct a risk assessment for any proposed new regulations. Any regulation that would cost more than $25 million in compliance costs also would require a cost-benefit analysis. Regulations whose costs outweighed benefits would be withdrawn. According to McIntosh Phase III would require federal agencies to review and revise existing regulations to make it easier for the business community to operate.
E-BOOK SPECIAL REPORT
42 Best Package Designs: 2014 edition
Sign up to receive timely updates from our editors and download this e-book consisting of our editors' picks of most notable package designs. Updated for 2014!