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CFPB RIN: 3170-AA62 Publication ID: Spring 2019 
Title: Civil Penalty Inflation Adjustment Rule 

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 was required to publish by interim final rule, a catch-up inflation adjustment, which was required to take effect by August 1, 2016. The Bureau issued an interim final rule in June 2016. This rule adjusts the civil penalty amounts within the Bureau’s jurisdiction in accordance with that statutory requirement. The Bureau finalized the interim final rule and adjusted for inflation the maximum amount of each civil penalty within the Bureau's jurisdiction on January 15, 2019, effective January 31, 2019.

Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Info./Admin./Other 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 1083   
Legal Authority: 28 U.S.C. 2461 note   
Legal Deadline:
Action Source Description Date
Other  Statutory  Interim Final Rule  07/01/2016 
Action Date FR Cite
Interim Final Rule  06/14/2016  81 FR 38569   
Interim Final Rule Comment Period End  07/14/2016 
Interim Final Rule Effective  07/14/2016 
NPRM  10/12/2018  83 FR 51653   
Final Rule  01/15/2019  84 FR 517   
Final Rule Effective  01/31/2019 
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:
Kristen Phinnessee
Office of Regulations
Consumer Financial Protection Bureau
Washington, DC 20552
Phone:202 435-7700