Search Results for keywords:"Ethics in Government Act"

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Search Results: keywords:"Ethics in Government Act"

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  • 2025-00671 — 2025 Civil Monetary Penalties Inflation Adjustments for Ethics in Government Act Violations
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    Type:Rule
    Citation:90 FR 3610
    Reading Time:about 9 minutes

    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.

    Simple Explanation

    The government is making the fines people must pay higher if they break a special honesty and ethics rule to keep up with rising costs of living. They want these fines to stay big enough to stop people from doing wrong things, like lying on their reports.

  • 2021-00714 — 2021 Civil Monetary Penalties Inflation Adjustments for Ethics in Government Act Violations
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    Type:Rule
    Citation:86 FR 7635
    Reading Time:about 10 minutes

    The U.S. Office of Government Ethics has issued a final rule to adjust the civil monetary penalties related to the Ethics in Government Act, following the guidelines of the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This rule updates the penalty amounts based on inflation, using a specific formula, to maintain their deterrent effect. The penalties for various violations have been increased slightly, such as those related to financial disclosures and breaches of trust, and these changes apply to penalties assessed after January 15, 2021. The adjustments help ensure that monetary penalties keep up with the cost of living over time.

    Simple Explanation

    The U.S. Office of Government Ethics made new rules to make sure people who work in the government pay more money when they break certain rules, like hiding how much money they earn, to keep up with price changes. These changes happened after January 15, 2021, and help make sure the fines are still a good reminder not to break the rules.