Type:Rule
Citation:90 FR 5605
Reading Time:about 5 minutes
The National Indian Gaming Commission is updating its rules to adjust civil monetary penalties for inflation, as required by a 2015 federal law. This adjustment aims to keep penalties effective and ensure they still act as a deterrent. The new penalty amount of $65,655 will apply starting January 15, 2025. The adjustments are routine, and the rule change won't significantly impact small businesses or other major aspects of the economy or government operations.
Simple Explanation
The National Indian Gaming Commission is making sure that fines keep up with inflation so they continue to be a good way to stop rule-breaking. Starting January 15, 2025, the fine will be $65,655, and this change is something they do every year to stay fair and effective.