The USEPA is launching an interim policy that offers incentives to new owners who correct environmental violations at recently acquired regulated facilities. Under the interim policy, new owners may receive lower penalties than long-time owners. Under the current USEPA Audit Policy, the agency offers reduced penalties to companies that self-audit their facilities, promptly disclose and correct any violations discovered, and take steps to prevent future violations. Under the interim policy announced today, an owner who acquires a new facility may get additional penalty reductions from disclosing an even greater range of violations.
The new interim policy will be in effect immediately and USEPA will accept public comment until October 30, 2008. The policy is subject to change in consideration of the comments received.
Download the Federal Register notice.
More later.
As always, feel free to call me or e-mail me with any questions at walter.james@jamespllc.com.
WDJiii