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The legislation that let corporations put chemicals into the environment and say “Oops, sorry” is the Toxic Substances Control Act of 1976, which allowed the EPA to order testing of chemicals and order to reduce their use or pull them from the market.

This was overhauled with the Frank R. Lautenberg Chemical Safety for the 21st Century Act of 2015, which requires the EPA to make safety determinations of new products hitting the market. It however ties the hands of states. If the EPA rules a chemical as having no unreasonable risk, states have no authority to regulate it [1].

[1] https://theconversation.com/will-the-new-toxic-chemical-safe...