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.