Consumer Product Safety Improvement Act of 1988

[AI summary unavailable — showing source text] Consumer Product Safety Improvement Act of 1987- Title I: Amendments to Acts - Amends the Consumer Product Safety Act (CPSA) to require the Consumer Product Safety Commission: (1) to publish an advance notice of proposed rulemaking in cases where there is a significant risk of injury associated with a product and where a consumer product safety rule (rule) would reduce such risk; and (2) within a specified period, to publish a proposed rule or terminate the proceeding if it is not reasonably necessary to reduce risk or not in the public interest. Requires each manufacturer of a product subject to the rule to pay a specified amount to defray the cost of promulgating such rule. Permits the Commission to rely only upon voluntary consumer product safety standards which are in existence and issued after consideration of the views of interested parties, including consumers and consumer organizations. Requires the Commission to monitor compliance with such standards. Allows interested parties to petition the Commission to issue a rule or amendment to reduce the risk of injury associated with a product. Directs the Commission to grant or deny the petition within 120 days. Authorizes the pe…