The Occupational Safety and Health Administration (OSHA) is expected to increase its monetary penalties for safety violations next year.
The change came early this month, when President Barack Obama signed a budget amendment that would allow OSHA to increase its fines in light of inflation.
Previously, the agency was unable to increase due to a 1990 law. OSHA must now issue a preliminary final rule that will stipulate details about the increase before August 1, 2016.
The fines are expected to be around 80 percent higher. A willful violation, for instance, may now carry a maximum penalty of around $127,000, compared to $70,000 today.
For more information, view the complete text of the amendment.