← Independent regulator rules (SEC/Fed/FDIC/SBA/FTC/NCUA/CPSC/FHFA/EEOC/NLRB)

Civil Monetary Penalties Inflation Adjustments

SBA · final-rule · Published 2019-04-01 · Effective 2019-04-01 · 84 FR 12059

Document

Document number
2019-06260
Federal Register citation
84 FR 12059
CFR reference
13 CFR 107
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
2019-04-01
Effective date
2019-04-01

Abstract

The U.S. Small Business Administration (SBA) is amending its regulations to adjust for inflation the amount of certain civil monetary penalties that are within the jurisdiction of the agency. These adjustments comply with the requirement in the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, to make annual adjustments to the penalties. The rule also makes a technical amendment to ensure that a reference to the penalty amount imposed on SBA Supervised Lenders for failure to file reports is consistent with current and future adjustments.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown