Cosmetics Legislation Misses 2016 Window, But Is Real Industry Opportunity Now?
This article was originally published in The Rose Sheet
The offices of cosmetic bill sponsors in the last Congress say the Personal Care Products Safety Act and the considerably more industry-friendly Cosmetics Modernization Amendments proposal will both be reintroduced this year. The latter’s relaunch may be imminent, and the stage could be set for it – or at least some of its pro-business provisions – to earn a more serious look in the new Congress.
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The NGO – and Gwyneth Paltrow – are rallying consumer support for a stronger FDA position on contaminant lead in cosmetics. The group is confident that innovation enabling lead-free lipsticks and other color cosmetics would follow an outright regulatory ban, but that optimism may not accord with reality.
With President-Elect Trump headed for the Oval Office and the GOP controlling both houses of Congress, the small-business trade group believes Republican Congressman Pete Sessions’ Safe Cosmetics Modernization Act could get a more earnest look this year. Reintroduced today, the bill proposes comprehensive federal preemption to ensure national uniformity in cosmetic regulations.
The Cosmetic Modernization Amendments of 2015, which could be relaunching imminently, had no shortage of industry-friendly provisions, but one proposal could be of particular interest to anti-aging skin-care marketers faced with slumping consumer demand – revision of the “cosmetic” definition under federal law to allow for limited structure/function claims.