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.
Simple Explanation
The U.S. Nuclear Regulatory Commission (NRC) has made small changes to the fines people have to pay if they break certain rules, making sure the amounts grow a little each year to match inflation, just like how money must stretch further when things cost more.