Inflation Adjustment Act

Recommendation 2012-8 – Inflation Adjustment Act addresses agency adjustments to civil monetary penalties under the Federal Civil Penalties Inflation Adjustment Act (28 U.S.C. 2461 note). The recommendation urges Congress to change the current statutory framework by which agencies periodically adjust their penalties to address three provisions that result in penalty adjustments that may not track the actual rate of inflation. It also advises agencies to adjust their penalties for inflation as required by law.

Citation: Admin. Conf. of the U.S., Recommendation 2012-8, Inflation Adjustment Act78 Fed. Reg. 2943 (Jan. 15, 2013).

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Implementation Contact

Committee:

Final Recommendation:

Inflation Adjustment Act

Recommendation number
2012-8
Adoption Date

Project Documents

Name Committee Type Date File
October 24, 2012 Committee Meeting Committee on Administration and Management Webcast
September 25, 2012 Committee Meeting Committee on Administration and Management Webcast
Inflation Adjustment Act Committee on Administration and Management Recommendation Download Inflation Adjustment Act
Inflation Adjustment Act Proposed Recommendation Committee on Administration and Management Recommendation Download Inflation Adjustment Act Proposed Recommendation
Redlined Recommendation: Inflation Adjustment Act Amendments for Plenary Committee on Administration and Management Recommendation Download Redlined Recommendation: Inflation Adjustment Act Amendments for Plenary
Draft Inflation Adjustment for Civil Penalties Recommendation (October 24, 2012) Committee on Administration and Management Recommendation Download Draft Inflation Adjustment for Civil Penalties Recommendation (October 24, 2012)
Inflation Adjustment for Civil Penalties Draft Report Committee on Administration and Management Report Download Inflation Adjustment for Civil Penalties Draft Report
2003 Civil Penalties GAO Report Committee on Administration and Management Report Download 2003 Civil Penalties GAO Report
Committee on Administration and Management Meeting Minutes Committee on Administration and Management Meeting Minutes Download Committee on Administration and Management Meeting Minutes
Inflation Adjustment Act Final Report Committee on Administration and Management Publication Download Inflation Adjustment Act Final Report

No events found.

57th Plenary Session

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Location name
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581, Main Conference Room

57th Plenary Session

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Location name
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581, Main Conference Room
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