Penalty Inflation Adjustments for Civil Monetary Penalties

Official abstract: Section 701 of the Bipartisan Budget Act of 2015 (BBA) imposed new maximum civil monetary penalty (CMP) amounts for infractions of agency rules, and required federal agencies that impose CMPs to adjust these new maximum figures annually for inflation. This final rule adopts without change the regulatory text in the interim final rule that we published in the Federal Register on June 27, 2016.