2024 Civil Penalties Inflation Adjustments for Oil, Gas, and Sulfur Operations in the Outer Continental Shelf
offshore-energy · Bureau of Ocean Energy Management · Published 2024-01-25 · Effective 2024-01-25 · 89 FR 4815
Document
Document number
2024-01412
Federal Register citation
89 FR 4815
CFR reference
30 CFR 550
Type
Rule
Action
Final rule.
Category
offshore-energy
Sub-agency
Bureau of Ocean Energy Management
Publication date
2024-01-25
Effective date
2024-01-25
Interior docket
Docket ID: BOEM-2024-0002
Abstract
This final rule implements the 2024 inflation adjustments to the maximum daily civil monetary penalties in the Bureau of Ocean Energy Management's (BOEM) regulations for violations of the Outer Continental Shelf Lands Act (OCSLA) and the Oil Pollution Act of 1990 (OPA). These inflation adjustments are made pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Improvements Act) and Office of Management and Budget (OMB) memorandum M-24-07. The 2024 adjustment multiplier of 1.03241 accounts for 1 year of inflation from October 2022 through October 2023.