What act requires annual adjustments of CMP fine amounts?

The Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 is designed specifically to ensure that civil monetary penalties (CMPs) are adjusted annually for inflation. This act mandates that federal agencies must review and adjust penalty amounts to reflect changes in the Consumer Price Index (CPI), thereby helping to maintain the deterrent effect of these penalties over time. The adjustments help prevent the erosion of the financial impact of penalties due to inflation, ensuring that they remain effective in promoting compliance with federal laws and regulations.

In contrast, the other acts listed do not focus on the annual adjustment of CMP fine amounts. The Medicare Modernization Act primarily addresses the expansion of Medicare coverage and drug benefits, while the Health Insurance Portability and Accountability Act mainly concerns the privacy of patient information and portability of health insurance. The Deficit Reduction Act deals with broader issues of healthcare funding and cost control, without specifically addressing the annual inflation adjustment of civil penalties.