Civil Monetary Penalty Inflation Adjustment, 2187 [2022-00506]

Download as PDF Federal Register / Vol. 87, No. 9 / Thursday, January 13, 2022 / Notices II. Notice of Commission Action IIII. Ordering Paragraphs jspears on DSK121TN23PROD with NOTICES1 I. Introduction In accordance with 39 U.S.C. 3642 and 39 CFR 3040.130 through 39 CFR 3040.135, the Postal Service filed a request and associated supporting information to add Inbound International Tracked Delivery Service (IITDS) to the competitive product list.1 The Postal Service also gave notice pursuant to 39 U.S.C. 3632(b)(3) and 39 CFR 3035.105 that the Governors established classifications and rates not of general applicability for IITDS. Request at 1. To support its Request, the Postal Service filed a copy of the Governors’ Decision authorizing the product, proposed changes to the Mail Classification Schedule, a Statement of Supporting Justification, a certification of compliance with 39 U.S.C. 3633(a), and an application for non-public treatment of certain materials. Id. at 1– 2. It also filed supporting financial workpapers. Id. The Postal Service intends for the new service and rates to take effect on April 1, 2022. Id. at 4. The Postal Service seeks to add IITDS to the competitive product list as part of the International Ancillary Services product. Id. at 3, Attachment 4. The prices for IITDS are fixed by the Universal Postal Union (UPU) and will be set at 0.4 Special Drawing Rights (SDR) per item for the provision of inbound tracked delivery services with up to an additional 0.75 SDR per item on the basis of performance of electronic transmission of tracking information. Id. at 3. The Postal Service states that IITDS provides foreign postal operators UPU default rates for the tracked service and that IITDS’ inclusion on the competitive product list would not preclude the Postal Service from exchanging tracked items with foreign postal operators pursuant to negotiated rates set forth in multilateral or bilateral agreements. Id. at 3–4. II. Notice of Commission Action The Commission establishes Docket Nos. MC2022–37 and CP2022–44 to consider the Request pertaining to the proposed addition of IITDS to the competitive product list. The Commission invites comments on whether the Postal Service’s filings in the captioned dockets are consistent with the policies of 39 U.S.C. 3632, 3633, or 3642, 39 CFR part 3035, and 39 1 Request of USPS to Add Inbound International Tracked Delivery Service to the Competitive Product List, Notice of Establishment of Classifications and Rates Not of General Applicability, and Application for Non-Public Treatment of Materials, January 7, 2022 (Request). VerDate Sep<11>2014 18:18 Jan 12, 2022 Jkt 256001 CFR part 3040, subpart B. Comments are due no later than January 18, 2022. The public portions of these filings can be accessed via the Commission’s website (https://www.prc.gov). The Commission appoints Kenneth R. Moeller to serve as Public Representative in these dockets. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket Nos. MC2022–37 and CP2022–44 to consider the matters raised in each docket by the Request of USPS to Add Inbound International Tracked Delivery Service to the Competitive Product List, Notice of Establishment of Classifications and Rates Not of General Applicability, and Application for NonPublic Treatment of Materials, filed January 7, 2022. 2. Pursuant to 39 U.S.C. 505, Kenneth R. Moeller is appointed to serve as an officer of the Commission to represent the interests of the general public in these proceedings (Public Representative). 3. Comments are due no later than January 18, 2022. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Erica A. Barker, Secretary. [FR Doc. 2022–00626 Filed 1–12–22; 8:45 am] BILLING CODE 7710–FW–P RAILROAD RETIREMENT BOARD Civil Monetary Penalty Inflation Adjustment Railroad Retirement Board. Notice announcing updated penalty inflation adjustments for civil monetary penalties for 2022. AGENCY: ACTION: 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 2022 annual adjustment of civil penalties for inflation. FOR FURTHER INFORMATION CONTACT: Marguerite P. Dadabo, Assistant General Counsel, Railroad Retirement Board, 844 North Rush Street, Chicago, IL 60611–1275, (312) 751–4945, TTD (312) 751–4701. SUPPLEMENTARY INFORMATION: Section 701 of the Bipartisan Budget Act of 2015, Public Law 114–74 (Nov. 2, 2015), entitled the Federal Civil Penalties Inflation Adjustment Act Improvements SUMMARY: PO 00000 Frm 00062 Fmt 4703 Sfmt 4703 2187 Act of 2015 (the 2015 Act), amended the Federal Civil Penalties Inflation Adjustment Act of 1990 (28 U.S.C. 2461 note) (Inflation Adjustment Act) to require agencies to publish regulations adjusting the amount of civil monetary penalties provided by law within the jurisdiction of the agency not later than January 15th of every year. For the 2022 annual adjustment for inflation of the maximum civil penalty under the Program Fraud Civil Remedies Act of 1986, the Board applies the formula provided by the 2015 Act and the Board’s regulations at Title 20, Code of Federal Regulations, Part 356. In accordance with the 2015 Act, the amount of the adjustment is based on the percent increase between the Consumer Price Index (CPI–U) for the month of October preceding the date of the adjustment and the CPI–U for the October one year prior to the October immediately preceding the date of the adjustment. If there is no increase, there is no adjustment of civil penalties. The percent increase between the CPI–U for October 2021 and October 2020, as provided by Office of Management and Budget Memorandum M–22–07 (December 15, 2021) is 1.06222 percent. Therefore, the new maximum penalty under the Program Fraud Civil Remedies Act is $12,537 (the 2021 maximum penalty of $11,803 multiplied by 1.06222, rounded to the nearest dollar). The new minimum penalty under the False Claims Act is $12,537 (the 2021 minimum penalty of $11,803 multiplied by 1.06222, rounded to the nearest dollar), and the new maximum penalty is $25,076 (the 2021 maximum penalty of $23,607 multiplied by 1.06222, rounded to the nearest dollar). The adjustments in penalties will be effective January 13, 2022. Dated: January 7, 2022. By Authority of the Board Stephanie Hillyard, Secretary to the Board. [FR Doc. 2022–00506 Filed 1–12–22; 8:45 am] BILLING CODE P SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 34468; File No. 812–15235] John Hancock Exchange-Traded Fund Trust, et al. January 10, 2022. Securities and Exchange Commission (‘‘Commission’’). ACTION: Notice. AGENCY: E:\FR\FM\13JAN1.SGM 13JAN1

Agencies

[Federal Register Volume 87, Number 9 (Thursday, January 13, 2022)]
[Notices]
[Page 2187]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-00506]


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RAILROAD RETIREMENT BOARD


Civil Monetary Penalty Inflation Adjustment

AGENCY: Railroad Retirement Board.

ACTION: Notice announcing updated penalty inflation adjustments for 
civil monetary penalties for 2022.

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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 2022 annual adjustment of civil penalties for inflation.

FOR FURTHER INFORMATION CONTACT: Marguerite P. Dadabo, Assistant 
General Counsel, Railroad Retirement Board, 844 North Rush Street, 
Chicago, IL 60611-1275, (312) 751-4945, TTD (312) 751-4701.

SUPPLEMENTARY INFORMATION: Section 701 of the Bipartisan Budget Act of 
2015, Public Law 114-74 (Nov. 2, 2015), entitled the Federal Civil 
Penalties Inflation Adjustment Act Improvements Act of 2015 (the 2015 
Act), amended the Federal Civil Penalties Inflation Adjustment Act of 
1990 (28 U.S.C. 2461 note) (Inflation Adjustment Act) to require 
agencies to publish regulations adjusting the amount of civil monetary 
penalties provided by law within the jurisdiction of the agency not 
later than January 15th of every year.
    For the 2022 annual adjustment for inflation of the maximum civil 
penalty under the Program Fraud Civil Remedies Act of 1986, the Board 
applies the formula provided by the 2015 Act and the Board's 
regulations at Title 20, Code of Federal Regulations, Part 356. In 
accordance with the 2015 Act, the amount of the adjustment is based on 
the percent increase between the Consumer Price Index (CPI-U) for the 
month of October preceding the date of the adjustment and the CPI-U for 
the October one year prior to the October immediately preceding the 
date of the adjustment. If there is no increase, there is no adjustment 
of civil penalties. The percent increase between the CPI-U for October 
2021 and October 2020, as provided by Office of Management and Budget 
Memorandum M-22-07 (December 15, 2021) is 1.06222 percent. Therefore, 
the new maximum penalty under the Program Fraud Civil Remedies Act is 
$12,537 (the 2021 maximum penalty of $11,803 multiplied by 1.06222, 
rounded to the nearest dollar). The new minimum penalty under the False 
Claims Act is $12,537 (the 2021 minimum penalty of $11,803 multiplied 
by 1.06222, rounded to the nearest dollar), and the new maximum penalty 
is $25,076 (the 2021 maximum penalty of $23,607 multiplied by 1.06222, 
rounded to the nearest dollar). The adjustments in penalties will be 
effective January 13, 2022.

    Dated: January 7, 2022.

    By Authority of the Board
Stephanie Hillyard,
Secretary to the Board.
[FR Doc. 2022-00506 Filed 1-12-22; 8:45 am]
BILLING CODE P
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