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The National Transportation Safety Board (NTSB) has issued a final rule to adjust the civil penalties they can impose for regulatory violations, in compliance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The rule, effective January 11, 2021, adjusts the maximum penalty for certain violations from $1,722 to $1,742, based on the 2021 cost-of-living adjustment multiplier provided by the Office of Management and Budget (OMB). This adjustment ensures penalties keep pace with inflation. The adjustment is not a significant regulatory action and does not impose new reporting requirements.

The National Transportation Safety Board (NTSB) has issued a final rule to update the civil penalties for certain violations based on the Federal Civil Penalties Inflation Adjustment Act of 2015. As of January 16, 2025, the maximum penalty has been increased from $2,058 to $2,111, reflecting adjustments for inflation. The adjustment is calculated using the Consumer Price Index and is applied automatically each year. This rule is not anticipated to have a significant economic impact and follows federal guidelines to ensure compliance and reduce burdens.