§ 1780.80 - Inflation adjustments.

Latest version.

The maximum amount of each civil money penalty within OFHEO's jurisdiction is adjusted in accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 (28 U.S.C. 2461 note) as follows:
U.S. code citationDescriptionNew adjusted maximum
penalty amount

12 U.S.C. 4636(b)(1)First Tier6,500

12 U.S.C. 4636(b)(2)Second Tier (Executive Officer or Director)11,000

12 U.S.C. 4636(b)(2)Second Tier (Enterprise)32,500

12 U.S.C. 4636(b)(3)Third Tier (Executive Officer or Director)130,000

12 U.S.C. 4636(b)(3)Third Tier (Enterprise)1,275,000

                    
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