Protecting and Securing Chemical Facilities from Terrorist Attacks Act of 2014

[AI summary unavailable — showing source text] Chemical Facility Anti-Terrorism Standards Program Authorization and Accountability Act of 2014 - Reestablishes the Chemical Facility Anti-Terrorism Standards (CFATS) Program, under which the Secretary of Homeland Security (DHS) is required to: (1) establish risk-based performance standards designed to protect covered chemical facilities from acts of terrorism; (2) require such facilities to submit security vulnerability assessments and develop and implement site security plans; (3) review and approve or disapprove each such assessment and plan; (4) arrange for the audit and inspection of covered chemical facilities to determine compliance with this Act; and (5) notify, and issue an order to comply to, the owner or operator of a facility not in compliance. Authorizes the Secretary to: (1) issue an order assessing a civil penalty or to cease operations if an owner or operator fails to comply; and (2) approve an alternative security program established by a private sector entity or a federal, state, or local authority that meets the requirements of this Act. Authorizes a covered chemical facility, in order to satisfy the requirements of a risk-based performance standard that addresse…