# Civil Monetary Penalty Inflation Adjustment
> **US National Credit Union Administration** · Final rule. · Published 2016-11-07 · Effective 2016-11-07 · 81 FR 78028
## Document
- **Document number:** 2016-26712
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 81 FR 78028
- **CFR reference:** 12 CFR 747
- **Publication date:** 2016-11-07
- **Effective date:** 2016-11-07
## Abstract

On June 21, 2016, the NCUA Board (Board) published an interim final rule amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This final rule confirms those amendments while making a clarification regarding the prospective effect of the 2015 legislation.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2016/11/07/2016-26712/civil-monetary-penalty-inflation-adjustment)
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