To provide the Consumer Product Safety Commission with greater authority and discretion in enforcing the consumer product safety laws, and for other purposes.

[AI summary unavailable — showing source text] Amends the Consumer Product Safety Improvement Act of 2008 to apply the limit on lead content in children's products only to product's manufactured after the effective date of the limit. Requires the Consumer Product Safety Commission (CPSC) to grant an exception to such lead limit for a specific product, class of product, material, or component part under certain circumstances. Sets forth exemptions from the limit on lead content in children's products, including for used products. Amends the Consumer Product Safety Act to authorize CPSC to revise third party testing regulations. Requires CPSC to exempt small batch manufacturers from such testing requirements if no alternative testing requirement is available or economically practicable, except for manufacturers of certain children's products. Excludes certain products from third party testing, including books. Prohibits subdividing production of products to evade third party testing requirements. Applies limits on phthalates in children's toys or child care articles to plasticized component parts of such toys or articles, unless such a component is not accessible to a child. Authorizes CPSC to: (1) exclude a specific product or c…