Consumer Price Index

News & Analysis as of

2015 Property Tax Levies Will Be Limited to 0.8% Growth

Last week the U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) for All Urban Consumers that will be used in the PTELL limiting rate calculations for 2015 property tax levies collected in 2016. The 2015...more

Missouri Minimum Wage Increases Effective January 1, 2015

The Missouri Department of Labor and Industrial Relations announced an increase to Missouri’s minimum wage, effective January 1, 2015. Missouri’s minimum wage has now increased to $7.65 per hour. This 15-cent increase over...more

Financial Regulatory Developments Focus - December 2014 #5

In this issue: - Bank Prudential Regulation & Regulatory Capital - Consumer Protection - Credit Ratings - Enforcement - Funds - Excerpt from Bank Prudential Regulation &...more

Weekly Update Newsletter - November 2014

DoD Issues Proposed Rule to Amend DFARS Inflation Adjustment of Acquisition- Related Thresholds (DFARS Case 2014-D025) - The Department of Defense (DoD) issued a proposed rule to amend the Defense Federal Acquisition...more

Fed and CFPB Announce Thresholds for Regulation Z and Regulation M Exempt Consumer Credit and Lease Transactions

On September 9, the Fed and CFPB announced increases in the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions. These increases are...more

Minimum Wage in Ontario will Rise to $11 per hour on June 1, 2014

On January 30, 2014, the Ontario government announced there will be an increase in the general minimum wage rate from $10.25 to $11 per hour effective June 1, 2014. This 75-cent boost will reflect the rise in the Consumer...more

CFPB issues annual CARD Act and HOEPA adjustments

The CFPB has issued a final rule regarding annual adjustments it is required to make under provisions of Regulation Z (TILA) that implement the CARD Act and HOEPA. The adjustments made by the final rule are effective January...more

CFPB Increases Penalty Fee Safe Harbor Amounts for Card Issuers

In yesterday’s Federal Register, the Consumer Financial Protection Bureau (“CFPB”) published an amendment to the safe harbor thresholds for credit card penalty fees found in Section 1026.52(b)(1)(ii) of Regulation Z to...more

New Jersey Raises Minimum Wage by Constitutional Amendment

On November 5, 2013, New Jersey voters overwhelmingly approved (by a 61% to 39% margin) a constitutional amendment to raise the state minimum wage to $8.25 per hour starting on January 1, 2014. The amendment further mandates...more

New Jersey Voters Approve Minimum Wage Hike; Rate To Increase To $8.25 With Future Increases Tied To Cost Of Living

New Jersey voters overwhelmingly approved a measure that will increase the state's minimum wage rate from $7.25 to $8.25, effective January 2014. The measure also included a constitutional amendment that will tie the minimum...more

New Cycle; New Contribution Limits? by Claudia A. Hrvatin

On December 17, the Federal Election Commission ("FEC") posted a new "Timely Tip" reminding PAC treasurers that certain limits on contributions, such as those for individuals to candidates, are adjusted every odd-numbered...more

Governor Vetoes New Jersey Minimum Wage Bill Tied to Consumer Price Index

This past week, New Jersey’s Governor Christopher Christie vetoed a new minimum wage bill (A2162) that had been previously passed by the State’s Legislature. This legislation had proposed increasing New Jersey’s minimum wage...more

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