Search Results for keywords:"2025 Final Rule"

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Search Results: keywords:"2025 Final Rule"

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  • 2025-00835 — Civil Monetary Penalty Annual Inflation Adjustment
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    Type:Rule
    Citation:90 FR 4677
    Reading Time:about 4 minutes

    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.

    Simple Explanation

    The National Transportation Safety Board is updating fines for breaking certain rules to keep up with rising prices. This means that if someone breaks these rules, they might have to pay a little more money now compared to last year.

  • 2025-00358 — 2025 Civil Monetary Penalty Inflation Adjustments
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    Type:Rule
    Citation:90 FR 1878
    Reading Time:about 8 minutes

    The Office of Natural Resources Revenue (ONRR), part of the Interior Department, announced a final rule to adjust civil monetary penalties for inflation, effective January 10, 2025. This adjustment follows the Federal Civil Penalties Inflation Adjustment Act and annual guidance from the Office of Management and Budget (OMB). The rule updates the penalty amounts under the Federal Oil and Gas Royalty Management Act, ensuring consistency with inflation. It does not introduce significant economic changes or impose new burdens on the public.

    Simple Explanation

    The ONRR, which helps manage oil and gas money for the government, is making sure penalty amounts keep up with money's changing value over time, starting January 10, 2025. They promise this won't make a big change in the economy or make life harder for people.