Counsel

1557-AE04 201610 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1557 Comptroller of the Currency OCC 1500 Department of the Treasury TREAS Civil Money Penalty Inflation Adjustments

The OCC issued an interim final rule implementing the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (the 2015 Act) (Pub. L. 114-74, title VII, section 701(b), November 2, 2015) and Office of Management and Budget guidance issued on February 24, 2016. The 2015 Act amended the Federal Civil Penalties Inflation Adjustment Act of 1990 (codified at 28 U.S.C. 2461 note). The 2015 Act changed the formula for calculating inflation adjustments and required agencies to adjust penalties for inflation on an annual basis.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No 12 CFR 19 12 CFR 109 5 U.S.C. 504 5 U.S.C. 554-557 12 U.S.C. 93(b) 12 U.S.C. 93a 12 U.S.C. 164 12 U.S.C. 505 12 U.S.C. 1464 12 U.S.C. 1467 12 U.S.C. 1467a 12 U.S.C. 1468 12 U.S.C. 1817 to 1818 12 U.S.C. 1820 12 U.S.C. 1829(e) 12 U.S.C. 1831m 12 U.S.C. 1831o 12 U.S.C. 1972 12 U.S.C. 3102 12 U.S.C. 3108(a) 12 U.S.C. 3349 12 U.S.C. 3909 12 U.S.C. 4717 12 U.S.C. 5412(b)(2)(B) 15 U.S.C. 78(h) to (i) 15 U.S.C. 78l 15 U.S.C. 78o-4(c) 15 U.S.C. 78o-5 15 U.S.C. 78q-1 15 U.S.C. 78s 15 U.S.C. 78u 15 U.S.C. 78u-2 15 U.S.C. 78u-3 15 U.S.C. 78w 28 U.S.C. 2461 note 31 U.S.C. 330 31 U.S.C. 5321 42 U.S.C. 4012a Pub. L. 114-74, title VII, sec 701(b) Statutory Other 08/01/2016 Effective Date of Interim Final Rule Statutory Other 07/01/2016 Publication of Interim Final Rule The Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 requires the OCC to issue an interim final rule by July 1, 2016 with an effective date of August 1, 2016. No Interim Final Rule 07/01/2016 81 FR 43021 Interim Final Rule Effective 08/01/2016 Interim Final Rule 01/00/2017 No None No No No No Jean Campbell Counsel 1557 Comptroller of the Currency OCC 202 649-6293 jean.campbell@occ.treas.gov Legislative and Regulatory Activities Division, 400 7th Street SW., Washington DC 20219