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         highly reactive volatile organic compounds into  the ambient


           "(iv) Those  consumer and  commercial  products which  are

         subject to the most cost-effective controls.

           "(v) The  availability of  alternatives (if  any) to  such

         consumer  and commercial  products which  are  of comparable

         costs,  considering   health,  safety,   and   environmental


      "(3) Regulations to require emission reductions.-

         "(A) In  general.-Upon submission of  the final report under

      paragraph (2), the Administrator shall list those categories of

      consumer   or  commercial   products  that   the  Administrator

      determines, based on the study, account for at least 80 percent

      of  the VOC  emissions,  on a  reactivity-adjusted basis,  from

      consumer or commercial products in areas that violate the NAAQS

      for ozone.  Credit toward the 80  percent emissions calculation

      shall  be  given  for  emission  reductions  from  consumer  or

      commercial products  made after the  date of enactment  of this

      section. At such time, the Administrator shall  divide the list

      into 4  groups establishing priorities for  regulation based on

      the criteria  established in paragraph (2). Every 2 years after

      promulgating such  list, the Administrator  shall regulate  one

      group  of  categories until  all  4 groups  are  regulated. The

      regulations shall require best available controls as defined in

      this section.  Such regulations may exempt  health use products

      for  which the  Administrator determines  there is  no suitable

      substitute.   In  order   to  carry   out  this   section,  the

      Administrator  may,  by  regulation, control  or  prohibit  any

      activity,   including  the  manufacture  or  introduction  into

      commerce,  offering for  sale,  or  sale  of  any  consumer  or

      commercial  product  which  results  in  emission  of  volatile

      organic compounds into the ambient air.

         "(B) Regulated entities.-Regulations  under this  subsection

      may be imposed only with respect to regulated entities.

         "(C) Use of CTGS.-For any consumer or commercial product the

      Administrator  may issue  control  techniques guidelines  under

      this Act in lieu of regulations required under subparagraph (A)

      if the Administrator determines

      that  such  guidance  will  be substantially  as  effective  as

      regulations in reducing emissions of volatile organic compounds

      which contribute  to ozone  levels in areas  which violate  the

      national ambient air quality standard for ozone.

      "(4)   Systems  of   regulation.-The  regulations   under  this

   subsection may include  any system or systems of regulation as the

   Administrator  may deem  appropriate,  including  requirements for

   registration   and   labeling,  self-monitoring   and   reporting,

   prohibitions,  limitations,  or  economic  incentives   (including

   marketable  permits and auctions  of emissions  rights) concerning

   the manufacture,  processing, distribution,  use, consumption,  or

   disposal of the product.

      "(5)  Special fund.-Any amounts  collected by the Administrator

   under  such regulations  shall be deposited  in a  special fund in

   the  United States  Treasury  for  licensing and  other  services,

   which thereafter  shall be  available until  expended, subject  to

   annual appropriation Acts, solely to  carry out the activities  of

   the Administrator  for which  such fees,  charges, or  collections

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