1780.80—Inflation adjustments.
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 citation | Description | New adjusted maximumpenalty amount |
---|---|---|
12 U.S.C. 4636(b)(1) | First Tier | 6,500 |
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 |