Search Results for keywords:"CPI adjustment"

Found 2 results

Search Results: keywords:"CPI adjustment"

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  • 2025-06899 — Schedule of Application Fees
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    Type:Rule
    Citation:90 FR 17012
    Reading Time:about 8 minutes

    The Federal Communications Commission (FCC) has updated its Schedule of Application Fees to account for a 17.41% increase in the Consumer Price Index (CPI). This adjustment affects a range of application fees and ensures compliance with the Communications Act of 1934, which mandates fee updates every even-numbered year. The changes, which became effective on May 23, 2025, are non-major under the Congressional Review Act and avoid imposing new information collection requirements on small businesses. Filers must continue to make payments electronically via the FCC's website.

    Simple Explanation

    The FCC updated their fee schedule because things cost more now, making it a bit pricier when people want to apply for certain services, but you still have to pay online.

  • 2024-27553 — Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages)
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    Type:Rule
    Citation:89 FR 95080
    Reading Time:about 37 minutes

    The Consumer Financial Protection Bureau (CFPB) has finalized changes to the regulation known as Regulation Z, which enforces the Truth in Lending Act (TILA). These updates adjust the dollar amounts tied to several loan thresholds, including those for high-cost mortgages, qualified mortgages, and credit card interest disclosures. The adjustments are based on the 3.4% increase in the Consumer Price Index (CPI) from April 2023 to April 2024 and will take effect on January 1, 2025. The changes ensure that the thresholds reflect current economic conditions, making it easier for consumers to understand loan costs and requirements.

    Simple Explanation

    The government made changes to a rule that helps people understand how much money they'll pay when borrowing money. These changes are done every year to make sure the rules match the current prices and costs of living.