13 Jan 2025
💰2025 Civil Monetary Penalty Inflation Adjustments Announced
Civil Monetary Penalty Inflation Adjustment
Summary
As required by section 701 of the Bipartisan Budget Act of 2015, entitled the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, the Railroad Retirement Board (Board) hereby publishes its 2025 annual adjustment of civil penalties for inflation.
Agencies
- Railroad Retirement Board
Business Impact
$$ - Med
The notice details adjustments to civil monetary penalties due to inflation, which impacts compliance costs for businesses subject to these penalties. Specifically, the increased amounts under the Program Fraud Civil Remedies Act and the False Claims Act can lead to higher financial consequences for non-compliance, necessitating awareness and potential changes in internal policies.