Search Results for keywords:"Inflation Adjustment"

The National Endowment for the Humanities (NEH) has announced new civil monetary penalties for 2025, reflecting inflation adjustments in compliance with federal law. From January 15, 2025, to January 14, 2026, the fines for violating NEH’s lobbying restrictions will range from $25,132 to $251,322, while penalties for program fraud will have a maximum of $14,308. These adjustments factor in a 2.598% increase in the Consumer Price Index from October 2023 to October 2024. All updated penalties apply to violations occurring after November 2, 2015.

The Federal Communications Commission (FCC) has finalized a rule adjusting civil monetary penalties for inflation as mandated by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. These changes aim to keep the penalties effective as deterrents by adjusting them according to inflation. The rule specifies the updated penalty amounts for various violations under the Communications Act, and these changes apply to penalties assessed from January 15, 2025, onwards. The FCC has also corrected a previously removed footnote regarding penalties for misrepresentation or lack of candor.

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.

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.

The U.S. Nuclear Regulatory Commission (NRC) has updated its rules to adjust the maximum fines it can charge for violations. This is required by a law called the Federal Civil Penalties Inflation Adjustment Act, which makes sure penalties keep pace with inflation. Now, fines for breaking the Atomic Energy Act will increase from $303,471 to $307,058 per violation, per day. Additionally, fines related to fraudulent claims under the Program Fraud Civil Remedies Act will rise from $11,665 to $11,803 per false claim or statement.

The Federal Energy Regulatory Commission is releasing a final rule to update regulations on the maximum civil monetary penalties for breaking laws under its control. This change is in line with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which requires annual inflation adjustments. The rule outlines how to calculate the new adjusted penalties, which will take effect immediately upon publication in the Federal Register. The Commission asserts that public notice and comment were not needed due to legal obligations dictating both the method and amount of these adjustments.

The Federal Communications Commission (FCC) has issued a final rule to adjust civil monetary penalties for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This rule is meant to ensure penalties maintain their effectiveness and deterrent effect over time. The adjustments are based on inflation data and will apply to penalties assessed from January 15, 2021, onward. Different types of violations, such as those by broadcasters or common carriers, have specific maximum penalty limits outlined in the rule.

The National Credit Union Administration (NCUA) is updating its rules to increase the maximum civil monetary penalties to keep up with inflation, as required by several laws. These adjustments are made to ensure that penalties are effective and reflect current economic conditions. The adjustments will be effective immediately and apply to violations occurring from November 2, 2015, onwards. This rule change doesn't require public comment because it's mainly a technical update in line with legal requirements.

The Federal Deposit Insurance Corporation (FDIC) has announced the updated maximum civil money penalties, adjusted for inflation, applicable from January 15, 2025. These adjustments are guided by the Federal Civil Penalties Inflation Adjustment Act, which requires federal agencies to annually revise penalty amounts based on an inflation multiplier provided by the Office of Management and Budget. The penalties apply to violations occurring on or after November 2, 2015.

The Department of Homeland Security (DHS) issued a final rule to adjust civil monetary penalties for inflation, effective January 2, 2025. These adjustments are in line with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and guidance from the Office of Management and Budget. This rule increases penalty amounts for violations occurring after November 2, 2015, and applies to various DHS components like the U.S. Customs and Border Protection, U.S. Immigration and Customs Enforcement, and the Coast Guard. The updated penalty amounts are designed to maintain their deterrent effect and comply with mandatory legislative requirements.