CPSC Increases Max Penalty Amount for Product Safety Violations
The Consumer Product Safety Commission is increasing the maximum amount of civil penalties it assesses for consumer product safety violations to account for inflation, it said (here). Effective Jan. 1, 2017, for violations of the Consumer Product Safety Act, the Federal Hazardous Substances Act, and the Flammable Fabrics Act, CPSC will assess a maximum of $110,000 for each violation, and $16,025,000 for any related series of violations, it said. CPSC adjusts its maximum penalty amount for inflation every five years, it said.
(Federal Register 11/23/16)