Wednesday, May 11, 2011
EPA Suspends the Submission Period for the Long-Awaited Inventory Update Rule (IUR)
A revised submission period will be announced when the IUR modifications rule is finalized "in the next several weeks." Once the rule is finalized EPA is promising that companies will have "sufficient time to comply with the updated IUR reporting requirements." It represents a "one-time" suspension only, and the next scheduled reporting period is expected to be unchanged, i.e., June 1 to September 30, 2016.
According to EPA, "the suspension is warranted, EPA adds, "because it gives affected parties additional time to adjust their behavior in response to other portions of the proposed rule ... and because it averts potential confusion and duplication of effort, which could occur if other portions of the proposed rule, substantively affecting the submission requirements of the IUR, become effective in the midst of the IUR submission itself."
The Notice can be downloaded at: http://www.gpo.gov/fdsys/pkg/FR-2011-05-11/pdf/2011-11562.pdf