A house RESOLUTION

 

to express concern about regulatory overreach on the chemical industry, to encourage the federal government to reevaluate proposed restrictions on the chemical industry, and to urge support of frameworks that celebrate innovation and accelerate progress in the chemical industry.

 

Whereas, the state of South Carolina recognizes the vital role played by the chemical industry in the economic development, national security, and technological innovation of the United States; and

 

Whereas, the chemical industry is a cornerstone of our nation's economy, contributing over 600 billion dollars in economic impact, supporting more than half a million jobs, and constituting twenty-five percent of the GDP; and

 

Whereas, the chemical industry is instrumental in providing essential products and innovations that drive progress in areas such as housing, infrastructure, healthcare, telecommunications, and clean energy solutions; and

 

Whereas, the success of the chemical industry is crucial to maintaining America's global competitiveness and achieving national priorities; and

 

Whereas, recent regulatory actions and proposed restrictions by the federal government raised concerns about the impact on the chemical industry's ability to innovate, create products, and contribute to the nation's economic growth; and

 

Whereas, these new restrictions have the potential to limit access to and increase the cost of essential products, negatively impacting the United States economy, jeopardizing American competitiveness, and delaying progress in industries with urgent and growing needs; and

 

Whereas, there are new restrictions with the potential to directly impact the chemical industry, ranging from outright bans on certain chemistries to regulations that may render manufacturing unviable or impossible; and

 

Whereas, these restrictions may have detrimental effects on the supply chains for vital technologies, including semiconductors, electric vehicles, and modern healthcare applications; and

 

Whereas, the proposed restrictions contradict policy priorities set forth by laws such as the Inflation Reduction Act (IRA), Infrastructure Investment and Jobs Act (IIJA), and CHIPS and Science Act; and

 

Whereas, responsible regulation that prioritizes science, promotes innovation, and supports supply chain resiliency is essential to achieving national goals.  Now, therefore,

 

Be it resolved by the House of Representatives:

 

That the members of the South Carolina House of Representatives, by this resolution, express concern about the potential adverse impact of regulatory overreach on the chemical industry and its contributions to the nation's economic prosperity, and encourage the administration, federal agencies, and the United States Congress to reevaluate proposed restrictions on the chemical industry, ensuring that regulations are based on sound science, promote innovation, and support supply chain resiliency.  Additionally, the South Carolina House of Representatives urges the administration, federal agencies, and the United States Congress to support frameworks that celebrate innovation and accelerate progress in the chemical industry.

 

Be it further resolved that a copy of this resolution be presented to the President of the United States, the South Carolina Congressional Delegation, and relevant federal agencies.

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