EPAFinal Rule
Civil Monetary Penalty Inflation Adjustment
EnvironmentFinance & Banking
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Summary
The EPA is adjusting the financial penalties it can impose on companies and individuals who violate environmental laws to account for inflation. This means fines for breaking pollution rules and other environmental regulations will increase each year to keep up with rising costs, ensuring that penalties remain meaningful and encourage compliance.
Key Points
- 1The EPA updates penalty amounts annually to reflect inflation so that fines keep their intended impact over time
- 2Companies that violate clean air, water, and other environmental rules may face higher financial penalties starting in 2025
- 3The penalty increases apply to violations of major EPA programs including the Clean Air Act, Clean Water Act, and hazardous waste regulations
- 4These adjustments help ensure that environmental violators face proportional consequences regardless of when their violation occurs
- 5The updated penalty amounts become effective and will be used for any violations or enforcement actions going forward
Key Dates
Published
January 8, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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