View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
CFPB | RIN: 3170-AA62 | Publication ID: Fall 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. Under the Act, each Federal agency is now required to publish by interim final rule, a catch-up inflation 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: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 1083 | |
Legal Authority: 28 U.S.C. 2461 note |
Legal Deadline:
|
|||||||||||||||
Timetable:
|
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 |