Farm Credit System Insurance Corporation October 2013 – Federal Register Recent Federal Regulation Documents

Adjusting Civil Money Penalties for Inflation
Document Number: 2013-25036
Type: Notice
Date: 2013-10-24
Agency: Farm Credit System Insurance Corporation, Agencies and Commissions
This notice assesses the need for cost-of-living adjustments to the civil money penalties (CMPs) that the Farm Credit System Insurance Corporation (FCSIC) may impose under the Farm Credit Act of 1971, as amended. The Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996, requires all Federal agencies with statutory authority to impose CMPs to regularly evaluate those CMPs and to adjust them periodically for inflation, so they continue to maintain their deterrent value. Consequently, FCSIC is issuing this notice concerning any required adjustments to the CMPs.
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