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Federal Penalties Update.pdf

2020-25236.pdf
Preview of Federal Penalties Update
🔗 Source: govinfo.gov
📊 Size: 281 KB
📄 Pages: 20 pages
⬇️ Downloads: 98

Summary

The Department of Transportation is adjusting civil penalty amounts for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The adjustments will be effective January 11, 2021, and apply to violations occurring after that date. The rule adjusts penalties prospectively and does not change previously assessed or enforced penalties. The adjustments are calculated by multiplying the existing penalty amount by 1.01764, which represents the percent change between the October 2019 and October 2018 Consumer Price Index for All Urban Consumers.

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Description

The Department of Transportation is adjusting civil penalty amounts for inflation, as required by the Federal Civil Penalties Inflation Adjustment Act...

Technical Information

  • File Format: PDF
  • File Size: 281 KB
  • Pages: 20
  • Language: EN
  • Total Downloads: 98
  • Last Updated: 2 weeks ago

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