View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
CFPB RIN: 3170-AA62 Publication ID: Spring 2016 
Title: ●Civil Penalty Inflation Adjustment Rule 
Abstract:

On November 2, 2015, the President signed into law the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which further amended the Federal Civil Penalties Inflation Adjustment Act of 1990, to improve the effectiveness of civil monetary penalties and to maintain their deterrent effect. Each Federal agency is now required to publish by interim final rule, a catch-up adjustment, which shall be effective by August 1, 2016. This rule will adjust the civil penalty amounts within the CFPB’s jurisdiction in accordance with that statutory requirement.

 
Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Info./Admin./Other 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 28 U.S.C. 2461 note   
Legal Deadline:
Action Source Description Date
Other  Statutory  Interim Final Rule  07/01/2016 
Timetable:
Action Date FR Cite
Interim Final Rule  06/00/2016 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Kristin Bateman
Legal Division
Consumer Financial Protection Bureau
Phone:202 435-7700