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MENTS. 12

(a) SHORT TITLE.—This section may be cited as the

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‘‘Federal Civil Penalties Inflation Adjustment Act Im-

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provements Act of 2015’’.

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(b) AMENDMENTS.—The Federal Civil Penalties In-

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flation Adjustment Act of 1990 (28 U.S.C. 2461 note) is

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amended—

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(1) in section 4—

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(A) by striking the matter preceding para-

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graph (1) and inserting the following:

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‘‘(a) IN GENERAL.—Not later than July 1, 2016, and

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not later than January 15 of every year thereafter, and

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subject to subsections (c) and (d), the head of each agency

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shall—’’;

(B) in paragraph (1)—

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(i) by striking ‘‘by regulation adjust’’

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and inserting ‘‘in accordance with sub-

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section (b), adjust’’; and

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(ii) by striking ‘‘, the Tariff Act of

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1930, the Occupational Safety and Health

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Act of 1970, or the Social Security Act’’

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and inserting ‘‘ or the Tariff Act of 1930’’;

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(C) in paragraph (2), by striking ‘‘such

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regulation’’ and inserting ‘‘such adjustment’’;

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and

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(D) by adding at the end the following:

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‘‘(b) PROCEDURES FORADJUSTMENTS.—

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‘‘(1) CATCH UP ADJUSTMENT.—For the first

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adjustment made under subsection (a) after the date

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of enactment of the Federal Civil Penalties Inflation

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Adjustment Act Improvements Act of 2015—

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‘‘(A) the head of an agency shall adjust

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civil monetary penalties through an interim

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final rulemaking; and

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‘‘(B) the adjustment shall take effect not

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later than August 1, 2016.

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‘‘(2) SUBSEQUENT ADJUSTMENTS.—For the

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second adjustment made under subsection (a) after

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the date of enactment of the Federal Civil Penalties

Inflation Adjustment Act Improvements Act of

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2015, and each adjustment thereafter, the head of

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an agency shall adjust civil monetary penalties and

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shall make the adjustment notwithstanding section

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553 of title 5, United States Code.

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‘‘(c) EXCEPTION.—For the first adjustment made

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under subsection (a) after the date of enactment of the

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Federal Civil Penalties Inflation Adjustment Act Improve-

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ments Act of 2015, the head of an agency may adjust the

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amount of a civil monetary penalty by less than the other-

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wise required amount if—

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‘‘(1) the head of the agency, after publishing a

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notice of proposed rulemaking and providing an op-

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portunity for comment, determines in a final rule

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that—

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‘‘(A) increasing the civil monetary penalty

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by the otherwise required amount will have a

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negative economic impact; or

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‘‘(B) the social costs of increasing the civil

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monetary penalty by the otherwise required

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amount outweigh the benefits; and

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‘‘(2) the Director of the Office of Management

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and Budget concurs with the determination of the

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head of the agency under paragraph (1).

‘‘(d) OTHER ADJUSTMENTS MADE.—If a civil mone-

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tary penalty subject to a cost-of-living adjustment under

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this Act is, during the 12 months preceding a required

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cost-of-living adjustment, increased by an amount greater

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than the amount of the adjustment required under sub-

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section (a), the head of the agency is not required to make

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the cost-of-living adjustment for that civil monetary pen-

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alty in that year.’’;

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(2) in section 5—

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(A) in subsection (a), by striking ‘‘to the

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nearest—’’ and all that follows through the end

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of subsection (a) and inserting ‘‘to the nearest

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multiple of $1.’’; and

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(B) by amending subsection (b) to read as

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follows:

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‘‘(b) DEFINITION.—

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‘‘(1) IN GENERAL.—Except as provided in para-

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graph (2), for purposes of subsection (a), the term

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‘cost-of-living adjustment’ means the percentage (if

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any) for each civil monetary penalty by which—

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‘‘(A) the Consumer Price Index for the

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month of October preceding the date of the ad-

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justment, exceeds

‘‘(B) the Consumer Price Index for the

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month of October 1 year before the month of

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October referred to in subparagraph (A).

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‘‘(2) INITIAL ADJUSTMENT.—

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‘‘(A) IN GENERAL.—Subject to subpara-

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graph (C), for the first inflation adjustment

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under section 4 made by an agency after the

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date of enactment of the Federal Civil Penalties

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Inflation Adjustment Act Improvements Act of

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2015, the term ‘cost-of-living adjustment’

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means the percentage (if any) for each civil

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monetary penalty by which the Consumer Price

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Index for the month of October, 2015 exceeds

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the Consumer Price Index for the month of Oc-

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tober of the calendar year during which the

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amount of such civil monetary penalty was es-

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tablished or adjusted under a provision of law

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other than this Act.

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‘‘(B) APPLICATION OF ADJUSTMENT.—The

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cost-of-living adjustment described in subpara-

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graph (A) shall be applied to the amount of the

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civil monetary penalty as it was most recently

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established or adjusted under a provision of law

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other than this Act.

‘‘(C) MAXIMUM ADJUSTMENT.—The

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amount of the increase in a civil monetary pen-

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alty under subparagraph (A) shall not exceed

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150 percent of the amount of that civil mone-

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tary penalty on the date of enactment of the

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Federal Civil Penalties Inflation Adjustment

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Act Improvements Act of 2015.’’;

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(3) in section 6, by striking ‘‘violations which

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occur’’ and inserting ‘‘civil monetary penalties, in-

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cluding those whose associated violation predated

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such increase, which are assessed’’; and

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(4) by adding at the end the following:

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‘‘SEC. 7. IMPLEMENTATION AND OVERSIGHT ENHANCE- 13

MENTS. 14

‘‘(a) OMB GUIDANCE.—Not later than February 29,

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2016, not later than December 15, 2016, and December

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15 of every year thereafter, the Director of the Office of

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Management and Budget shall issue guidance to agencies

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on implementing the inflation adjustments required under

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this Act.

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‘‘(b) AGENCY FINANCIAL REPORTS.—The head of

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each agency shall include in the Agency Financial Report

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submitted under OMB Circular A–136, or any successor

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thereto, information about the civil monetary penalties

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within the jurisdiction of the agency, including the adjust-

ment of the civil monetary penalties by the head of the

1

agency under this Act.

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‘‘(c) GAO REVIEW.—The Comptroller General of the

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United States shall annually submit to Congress a report

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assessing the compliance of agencies with the inflation ad-

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justments required under this Act, which may be included

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as part of another report submitted to Congress.’’.

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(c) REPEAL.—Section 31001(s) of the Debt Collec-

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tion Improvement Act of 1996 (28 U.S.C. 2461 note) is

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amended by striking paragraph (2).

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SEC. 702. CRIME VICTIMS FUND.

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