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Civil Penalties Inflation Adjustments

SBA · final-rule · Published 2016-05-19 · Effective 2016-08-01 · 81 FR 31489

Document

Document number
2016-11868
Federal Register citation
81 FR 31489
CFR reference
13 CFR 107
Type
Rule
Action
Interim final rule with request for comments.
Category
final-rule
Agency
US Small Business Administration
Publication date
2016-05-19
Effective date
2016-08-01

Abstract

The Small Business Administration (SBA) is amending its regulations to adjust for inflation the amount of certain civil monetary penalty that is within the jurisdiction of the agency. This adjustment is required by the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This rule also makes technical amendments to the regulations governing misrepresentations in SBA contracting programs to add a cross reference to the regulation that contains the applicable penalty amounts for misrepresentations and to correct a citation in the same regulations. Finally, the rule makes a technical amendment to an existing regulation governing small business investment companies to add a cross reference to a new civil penalty provision.

Source

Authoritative
Federal Register document
Machine
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