Section 11.31 - Definitions(a)Civil monetary penalty means any penalty, fine, or other sanction that: (1)(i) Is for a specific monetary amount as provided by Federal law; or(ii) Has a maximum amount provided for by Federal law;(2) Is assessed or enforced by an agency pursuant to Federal law; and(3) Is assessed or enforced pursuant to an administrative proceeding or a civil action in the Federal courts.(b)Inflation Adjustment Act means the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 ( Pub. L. 114-74 , November 2, 2015, 129 Stat. 584, 28 U.S.C. 2461 note).