Search Results for keywords:"rulemaking"

Found 3 results

Search Results: keywords:"rulemaking"

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  • 2024-30608 — Revisions to Civil Penalty Amounts, 2025
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    Type:Rule
    Citation:89 FR 106282
    Reading Time:about 60 minutes

    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.

  • 2021-02464 — Exemptions To Permit Circumvention of Access Controls on Copyrighted Works
    Type:Proposed Rule
    Citation:86 FR 8560
    Reading Time:about 6 minutes

    The U.S. Copyright Office is planning to hold public hearings as part of the eighth triennial rulemaking proceeding under the Digital Millennium Copyright Act (DMCA). These hearings will discuss potential exemptions to the DMCA's rules against bypassing technological controls that safeguard access to copyrighted works. Scheduled to take place remotely via Zoom in April 2021, the hearings will give individuals a chance to speak about different proposed classes of exemptions. Interested parties must submit a request to testify by February 24, 2021, providing specific details about their intended testimony.

    Simple Explanation

    The U.S. Copyright Office is planning to hold special meetings to talk about rules for how people can unlock digital locks on things like movies and music, and people can tell them what they think. To talk at these meetings, people have to ask by a certain date and tell what they want to say.

  • 2021-00033 — Membership of State Banking Institutions in the Federal Reserve System; Reports of Suspicious Activities Under Bank Secrecy Act
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    Type:Proposed Rule
    Citation:86 FR 6576
    Reading Time:about 21 minutes

    The Board of Governors of the Federal Reserve System has proposed a rule to change how Suspicious Activity Reports (SARs) are filed by certain financial institutions, like state member banks and bank holding companies. The rule aims to allow for exemptions from these requirements to help banks more effectively meet Bank Secrecy Act requirements, potentially leading to innovative ways to tackle financial crime. The Board will coordinate with FinCEN on exemption requests and is seeking public comments on the proposal until February 22, 2021. The proposal emphasizes that these exemptions won't relieve institutions from complying with FinCEN’s SAR regulations.

    Simple Explanation

    The Board that helps manage banks wants to change the rules so banks can try new and better ways to catch suspicious transactions, but they have to follow special guidelines and rules from another group too. They are asking people to share their thoughts by a certain date to help make these rules better.