Search Results for keywords:"Consumer Price Index"

The Nasdaq Stock Market LLC has proposed a rule change to adjust its fees based on inflation. The fees have been unchanged for a long time and will now be adjusted through a one-time increase spread over three years: 45% in 2025, 30% in 2026, and 25% in 2027. The adjustments aim to restore fees to their intended real value and support continued investment in technology. These proposed changes apply to various Nasdaq products and are intended to ensure fair value and support the quality of Nasdaq's services.

The U.S. Department of Labor issued a final rule to adjust civil monetary penalties for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act. This rule, effective January 15, 2025, ensures that penalties keep up with inflation, applying a cost-of-living adjustment multiplier based on changes in the Consumer Price Index. The adjustments apply to penalties assessed after the effective date, maintaining the penalties' deterrent effect. This regulation does not consider public comments due to the non-discretionary nature of the inflation adjustments mandated by the Act.

The Bureau of Land Management (BLM) has issued a final rule to adjust civil monetary penalties for onshore oil and gas operations and coal trespass due to inflation. This update, effective January 17, 2025, follows the requirements of the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The rule does not allow for public comment due to its non-discretionary nature, and it outlines increases in specific monetary penalties to maintain their deterrent effect. The adjustments are calculated using a multiplier based on the change in the Consumer Price Index from October 2023 to October 2024.

The Federal Trade Commission (FTC) has announced new adjustments to civil penalty amounts within its jurisdiction to account for inflation as mandated by the Federal Civil Penalties Inflation Adjustment Act of 2015. These changes, effective from January 13, 2021, affect various penalty amounts, including those related to premerger filing notifications, unfair or deceptive acts, and labeling violations. The adjustments are based on a cost-of-living adjustment formula that compares the Consumer Price Index from two preceding Octobers. This ensures penalties are updated annually to maintain their deterrent effect and to reflect economic changes.

The United States Department of Agriculture (USDA) announced new reimbursement rates for meals provided under the Summer Food Service Program for 2025. These rates have been adjusted to account for inflation, resulting in an average increase of 3.6% from the previous year. The adjustments are based on changes in the Consumer Price Index and will apply to both operating and administrative costs of the program, which will take effect from January 1, 2025. The changes aim to simplify accounting procedures and ensure sponsors can manage reimbursements efficiently while maintaining nutrition standards.

The Federal Housing Finance Agency (FHFA) has issued a final rule to update the rules for civil money penalties by adjusting them for inflation. This adjustment is in line with the Federal Civil Penalties Inflation Adjustment Act, ensuring penalties stay current with economic changes. The new penalty amounts will be effective from January 16, 2025, and apply to violations occurring on or after January 15, 2025. The FHFA will calculate penalties on a case-by-case basis, using a formula tied to changes in the Consumer Price Index, and these updates are mandated by law.

The Federal Housing Finance Agency (FHFA) has announced an adjustment to the cap on average total assets to determine if a Federal Home Loan Bank member qualifies as a "community financial institution" (CFI). This cap has been set at $1.5 billion, reflecting a 2.7% increase based on changes in the Consumer Price Index for all urban consumers (CPI-U) from November 2023 to November 2024. This adjustment, effective from January 1, 2025, allows CFI status to be determined using unadjusted CPI-U data, as it is less prone to revisions than adjusted data.

The Department of Commerce has issued a final rule to adjust civil monetary penalties (CMPs) for inflation, effective January 15, 2021. This adjustment is required by the Federal Civil Penalties Inflation Adjustment Act and aims to ensure the penalties continue to serve as a deterrent. The changes will only apply to penalties with a specific dollar amount and will affect those assessed after the effective date. The penalties are adjusted based on the cost-of-living increase from October 2019 to October 2020.

The National Endowment for the Arts (NEA) is adjusting the maximum civil monetary penalties (CMPs) according to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. These adjustments ensure that penalties for violations of the Program Fraud Civil Remedies Act (PFCRA) and Restrictions on Lobbying continue to reflect inflation and maintain their deterrent effect. The new penalties are based on the Consumer Price Index and are effective for violations assessed after January 15, 2021. The inflation-adjusted penalties are now set at $11,802 for false claims under the PFCRA and range from $20,720 to $207,314 for lobbying restrictions violations.

The Food Safety and Inspection Service (FSIS) of the U.S. Department of Agriculture has issued a notice about the updated dollar limits for retail stores selling meat and poultry products to hotels, restaurants, and similar institutions without requiring federal inspection. For 2025, the limits have been raised to $103,600 for meat and meat products and $74,800 for poultry products. These adjustments are based on changes in consumer prices reported by the Bureau of Labor Statistics. The limits ensure that such retail operations remain exempt from federal inspection while selling to non-household consumers.