Chemical Facility Anti-Terrorism Act of 2008

[AI summary unavailable — showing source text] Chemical Facility Anti-Terrorism Act of 2008 - Expresses the sense of Congress that the Secretary of Homeland Security should extend and modify the Chemical Facility Anti-Terrorism Standards. Amends the Homeland Security Act of 2002 to set forth provisions governing the regulation of security practices at chemical facilities. Authorizes the Secretary to designate any chemical substance as a substance of concern and establish and revise the threshold quantity for such substance after considering the potential extent of death, injury, and serious adverse effects that would result from a chemical facility terrorist incident. Directs the Secretary to: (1) maintain a list of covered chemical facilities that are of sufficient security risk; (2) assign each covered facility to one of at least four risk-based tiers; (3) establish standards and procedures for security vulnerability assessments and site security plans; (4) require each facility owner or operator to submit and, once approved, to implement such an assessment and plan; (5) provide high-risk facility owners or operators with threat information; (6) conduct red team exercises to identify vulnerabilities at high-risk facilities; (…