⚖️NRC Adjusts Civil Penalties for Inflation in FY2025
Adjustment of Civil Penalties for Inflation for Fiscal Year 2025
Summary
The U.S. Nuclear Regulatory Commission (NRC) is amending its regulations to adjust the maximum civil monetary penalties it can assess under statutes enforced by the agency. These changes are mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The NRC is amending its regulations to adjust the maximum civil monetary penalty for a violation of the Atomic Energy Act of 1954, as amended, or any regulation or order issued under the Atomic Energy Act from $362,814 to $372,240 per violation, per day. Additionally, the NRC is amending provisions concerning program fraud civil penalties by adjusting the maximum civil monetary penalty under the Program Fraud Civil Remedies Act from $13,946 to $14,308 for each false claim or statement.
Agencies
- Nuclear Regulatory Commission
Business Impact
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This regulation outlines increased civil monetary penalties for violations related to the Atomic Energy Act and program fraud, significantly affecting compliance costs for businesses in the nuclear sector. Non-compliance could lead to higher financial penalties, urging businesses to enhance their regulatory adherence.