Search Results for keywords:"Civil Monetary Penalties"

The Social Security Administration (SSA) has updated the maximum civil monetary penalties to account for inflation, as mandated by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. These adjustments are effective from January 15, 2025, through January 14, 2026. For example, the penalty for fraud facilitators in positions of trust will increase from $9,704 to $9,956, and for violative broadcasts, the penalty will rise from $63,991 to $65,653. The SSA uses the October Consumer Price Index and guidance from the Office of Management and Budget to calculate these annual updates.

The General Services Administration (GSA) has issued a final rule to adjust civil monetary penalties for inflation, as mandated by several acts including the Federal Civil Penalties Inflation Adjustment Act. This rule mandates annual inflation adjustments to the penalties, starting from January 2026. Penalties for false claims against the government are increased to a maximum of $13,700 per violation. The adjustments are exempt from public notice and comment because they follow specific federal legislative requirements.

The Corporation for National and Community Service, also known as AmeriCorps, has issued a final rule to update the civil monetary penalties in its regulations in line with inflation, following the guidelines set by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The penalties related to Restrictions on Lobbying have been adjusted from a range of $24,497 to $244,957 to a new range of $25,133 to $251,321. Similarly, the penalty under the Program Fraud Civil Remedies Act has been raised from a maximum of $13,946 to $14,308. These changes take effect immediately as of January 14, 2025, without prior public notice or comment due to the non-discretionary nature of the updates.

The Federal Election Commission is updating the financial penalties they impose to keep up with inflation, as required by law. This affects fines under several election-related acts, including penalties for late or missing reports. The adjustments are calculated using a specific formula linked to the Consumer Price Index and will be applied to fines assessed from January 3, 2025. The Commission does not need to follow usual procedural requirements because these updates are mandated by Congress with no room for policy changes.

The Railroad Retirement Board announced the 2025 annual adjustments to civil monetary penalties due to inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The adjustments are based on the Consumer Price Index (CPI-U) increase of 1.02598% from October 2023 to October 2024. As a result, the maximum penalty under the Program Fraud Civil Remedies Act is now $14,308, while the penalties under the False Claims Act range from $14,308 to $28,618. These changes take effect on January 13, 2025.

The U.S. Department of Energy has issued a final rule that updates civil monetary penalties (CMPs) for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act. The increase applies to penalties within the DOE's jurisdiction, ensuring that CMPs retain their deterrent effect. The adjustment, calculated based on changes in the Consumer Price Index, becomes effective on January 14, 2021. This rule complies with federal regulations and has been reviewed to ensure it does not impose new information collection requirements or significant adverse effects on energy supply.

The Department of Education has issued final regulations to adjust civil monetary penalties (CMPs) for inflation, as required by law. This adjustment is based on the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and affects penalties related to higher education, violations by lenders, and improper lobbying, among others. The new penalty amounts are calculated using a specific multiplier from the Office of Management and Budget, ensuring they retain their deterrent effect. These updates apply to violations occurring after November 2, 2015, and penalties assessed after February 3, 2021.

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 Commodity Futures Trading Commission (CFTC) is updating the rules for civil monetary penalties under the Commodity Exchange Act to account for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act. This update adjusts the maximum fines for violations based on the change in the Consumer Price Index. The new penalties will apply to violations assessed after January 15, 2025. This rule aims to ensure penalties remain effective as deterrents over time and doesn’t require the standard notice and comment process normally needed for new regulations.

The U.S. Office of Government Ethics has issued a final rule to adjust the fines for violations of the Ethics in Government Act in 2025, as required by law to keep up with inflation. These changes, effective January 15, 2025, include increasing penalties for activities such as falsifying financial disclosure reports and misuse of public reports. The adjustments ensure that penalties remain a deterrent and are calculated based on changes in the Consumer Price Index. These updates only affect violations occurring after November 2, 2015, that are addressed after the new rule's effective date.