Search Results for keywords:"Presidential Election Campaign Fund Act"

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Search Results: keywords:"Presidential Election Campaign Fund Act"

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  • 2024-31368 — Civil Monetary Penalties Annual Inflation Adjustments
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    Type:Rule
    Citation:90 FR 210
    Reading Time:about 8 minutes

    The Federal Election Commission is updating the financial penalties they impose to keep up with inflation, as required by law. This affects fines under several election-related acts, including penalties for late or missing reports. The adjustments are calculated using a specific formula linked to the Consumer Price Index and will be applied to fines assessed from January 3, 2025. The Commission does not need to follow usual procedural requirements because these updates are mandated by Congress with no room for policy changes.

    Simple Explanation

    The Federal Election Commission is updating the money fines for breaking election rules to keep up with price changes, starting January 2025. They do this because it's required by law and use a special formula based on how much things cost now.

  • 2020-29184 — Civil Monetary Penalties Annual Inflation Adjustments
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    Type:Rule
    Citation:86 FR 1737
    Reading Time:about 8 minutes

    The Federal Election Commission (FEC) has updated the amounts for civil monetary penalties to adjust for inflation, as required by law. These adjustments are for penalties related to violations of the Federal Election Campaign Act and other related laws. The new penalty amounts, which are calculated using a specified formula, apply to assessments made after January 11, 2021. The adjustments ensure that penalties retain their deterrent effect over time, reflecting changes in the consumer price index.

    Simple Explanation

    The government is making sure that the money penalties for breaking election rules stay fair by adjusting them for inflation, kind of like giving the money a yearly check-up to see if it's enough to keep people from breaking the rules.