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A new bill has been introduced to Congress to create new regulatory oversight for the U.S. cosmetics industry. The Safe Cosmetics Act of 2010 (H.R. 5786) calls for a list of ingredients prohibited from use in cosmetics, new recall authority for FDA, randomized post-market cosmetics testing, and new registration fees for companies, according to Representative Jan Schakowski (D-IL) who introduced the bill last week.
Addressing the potential concern small companies could have with new registration fees, all companies with annual gross incomes of under $1 million would be exempt from such fees.
Schakowski...s bill currently has seven co-sponsors. To read the full language of the bill, click here.