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United States Coast Guard: Implementation of the Inflation Adjustment Act

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Report Type Reports and Testimonies
Report Date Nov. 1, 2002
Report No. GAO-03-221R
Subject
Summary:

Earlier this year, GAO began a governmentwide review of the implementation of the Federal Civil Penalties Inflation Adjustment Act of 1990. The act requires each federal agency to issue a regulation adjusting its covered maximum and minimum civil monetary penalties for inflation by October 23, 1996, and requires them to make necessary adjustments at least once every 4 years thereafter. During the review, GAO determined that the United States Coast Guard published its first round of penalty adjustments in 1997, but has not published a second round of adjustment for 56 eligible penalties.

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