SBA Fines Get Price Hike: Inflation Hits the Wallet
Published Date: 6/3/2025
Rule
Summary
The Small Business Administration is raising some fines to keep up with inflation, making sure penalties stay fair and effective. This update affects businesses and individuals who might face these fines, with new amounts kicking in soon. It’s all about keeping penalties up-to-date without breaking the bank or letting inflation sneak by!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SBA Fines Raised for Inflation
The Small Business Administration is increasing the amounts of certain civil monetary penalties to account for inflation. These adjustments are made under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Improvements Act of 2015, and the agency will make annual adjustments to those penalty amounts.
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