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Over the past several months, many federal agencies have adopted rules significantly increasing the maximum civil monetary penalties ("CMPs") they can potentially impose. The increased penalty amounts were adopted in response to recent legislation from Congress requiring that federal agencies make adjustments to "catch up" with inflation. The catch up adjustments allow agencies to increase their penalty amounts by as much as 150% of their November 2, 2015 values. In addition, agencies must make
Over the past several months, many federal agencies have adopted
rules significantly increasing the maximum civil monetary penalties
("CMPs") they can potentially impose. The increased
penalty amounts were adopted in response to recent legislation from
Congress requiring that federal agencies make adjustments to
"catch up" with inflation. The catch up adjustments allow
agencies to increase their penalty amounts by as much as 150% of
their November 2, 2015 values. In addition, agencies must make
annual adjustments to their CMPs for inflation going forward.
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