Propane Accessibility and Regulatory Relief Act

Exempts propane tanks with capacity up to 126,000 pounds from the Chemical Facility Anti-Terrorism Standards (CFATS). This bill would direct the Secretary of Homeland Security to take the actions needed to remove CFATS coverage for any propane tank that holds up to 126,000 pounds of propane. The exemption is defined by the pounds-based capacity threshold and is tied to the CFATS regulatory framework in section 2101 of the Homeland Security Act of 2002 (6 U.S.C. 621). Owners and operators of tanks that meet the limit would no longer be subject to CFATS requirements.