Civil Monetary Penalties; Adjustment for Inflation
other · US Department of Commerce · Published 1996-10-24 · Effective 1996-10-23 · 61 FR 55092
Document
Document number
96-27403
Federal Register citation
61 FR 55092
CFR reference
15 CFR 6
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Commerce
Publication date
1996-10-24
Effective date
1996-10-23
Commerce docket
Docket No. 961021291-6291-01
Abstract
This final rule is being issued to adjust each civil monetary penalty provided by law within the jurisdiction of the Department of Commerce (the Department). The Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996, requires the head of each agency to adjust its civil monetary penalties for inflation no later than October 23, 1996, and at least once every four years thereafter. The inflation adjustments will apply only to violations that occur after the effective date of this rule.