⚖️New Regulations under the Administrative False Claims Act
Regulations Under the Administrative False Claims Act
Summary
The Railroad Retirement Board amends its regulations to implement statutory amendments to the Administrative False Claims Act. These amendments revise and remove procedures under the Administrative False Claims Act that are no longer applicable due to statutory changes and implement new procedures allowing administrative false claims to be referred to the Civilian Board of Contract Appeals for adjudication.
Agencies
- Railroad Retirement Board
Business Impact
$$$ - High
The amendment introduces significant compliance and regulatory requirements for individuals and businesses handling claims under the Administrative False Claims Act, particularly in relation to penalties for fraudulent claims. The adjustments in procedures may affect operational practices and financial liability for businesses involved in any claims with the Railroad Retirement Board.