US DEPARTMENT OF LABOR ANNOUNCES NEW RULES TO ADJUST CIVIL PENALTY AMOUNTS
WASHINGTON – In 2015, Congress passed the Federal Civil Penalties Inflation Adjustment Act Improvements Act to advance the effectiveness of civil monetary penalties and to maintain their deterrent effect. The new law directs agencies to adjust their penalties for inflation each year using a much more straightforward method than previously available, and requires agencies to publish “catch up†rules this summer to make up for lost time since the last adjustments.
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