The U.S. Department of Transportation (DOT) has issued a final rule to revise civil penalty amounts for violations of various transportation regulations, effective December 30, 2024. These adjustments are required by the Federal Civil Penalties Inflation Adjustment Act and are meant to ensure that penalties maintain their deterrent effect by accounting for inflation. The rule covers a wide array of areas including aviation, hazardous materials, and vehicle safety, among others. The adjustments apply prospectively, meaning they will only affect violations occurring after the rule takes effect.
Simple Explanation
The Department of Transportation is changing the fines people have to pay if they break certain transportation rules, like those for planes and cars, to keep up with how money's value changes over time. These new fines will start being used at the end of December 2024.