Notice on Penalty Inflation Adjustments for Civil Monetary Penalties

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published

December 30, 2024

Issuing agencies

National Science Foundation

Abstract

The National Science Foundation (NSF or Foundation) is providing notice of its adjusted maximum civil monetary penalties, effective January 15, 2025. These adjustments are required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

Full Text

<html>
<head>
<title>Federal Register, Volume 89 Issue 249 (Monday, December 30, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 249 (Monday, December 30, 2024)]
[Notices]
[Page 106609]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-31057]


-----------------------------------------------------------------------

NATIONAL SCIENCE FOUNDATION

RIN 3145-AA58


Notice on Penalty Inflation Adjustments for Civil Monetary 
Penalties

AGENCY: National Science Foundation.

ACTION: Notice announcing updated penalty inflation adjustments for 
civil monetary penalties for 2025.

-----------------------------------------------------------------------

SUMMARY: The National Science Foundation (NSF or Foundation) is 
providing notice of its adjusted maximum civil monetary penalties, 
effective January 15, 2025. These adjustments are required by the 
Federal Civil Penalties Inflation Adjustment Act Improvements Act of 
2015.

FOR FURTHER INFORMATION CONTACT: Bijan Gilanshah, Assistant General 
Counsel, Office of the General Counsel, National Science Foundation, 
2415 Eisenhower Avenue, Alexandria, VA 22314. Telephone: 703.292.5055.

SUPPLEMENTARY INFORMATION: On June 27, 2016, NSF published an interim 
final rule amending its regulations to adjust, for inflation, the 
maximum civil monetary penalties that may be imposed for violations of 
the Antarctic Conservation Act of 1978 (ACA), as amended, 16 U.S.C. 
2401 et seq., and the Program Fraud Civil Remedies Act of 1986 (PFCRA), 
31 U.S.C. 3801, et seq. These adjustments are required by the 2015 Act. 
The 2015 Act also requires agencies to make subsequent annual 
adjustments for inflation. Pursuant to OMB guidance dated December 17, 
2024, the cost-of-living adjustment multiplier for 2025 is 1.02598. 
Accordingly, the 2025 annual inflation adjustments for the maximum 
penalties under the ACA are $21,568 ($21,022 x 1.02598) for violations 
and $36,498 ($35,574 x 1.02598) for knowing violations of the ACA. 
Finally, the 2025 annual inflation adjustment for the maximum penalty 
for violations under PFCRA is $14,308 ($13,946 x 1.02598).

Suzanne H. Plimpton,
Reports Clearance Officer, National Science Foundation.
[FR Doc. 2024-31057 Filed 12-27-24; 8:45 am]
BILLING CODE 7555-01-P


</pre></body>
</html>

View on FederalRegister.gov →Plain-text source

Indexed from Federal Register on December 30, 2024.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.