Texas Health And Safety Code § 248a.261 Remittance Of Penalty And Interest

Sec. 248A.261. REMITTANCE OF PENALTY AND INTEREST. (a) If the person paid the penalty and if the amount of the penalty is reduced or the penalty is not upheld by the court, the court shall order, when the court's judgment becomes final, that the appropriate amount plus accrued interest be remitted to the person not later than the 30th day after the date the judgment of the court becomes final.

(b) The interest accrues at the rate charged on loans to depository institutions by the New York Federal Reserve Bank.

(c) The interest shall be paid for the period beginning on the date the penalty is paid and ending on the date the penalty is remitted.

Added by Acts 2013, 83rd Leg., R.S., Ch. 1168 (S.B. 492), Sec. 1, eff. September 1, 2013.

Section: Previous  248A.204  248A.205  248A.206  248A.251  248A.252  248A.253  248A.254  248A.255  248A.256  248A.257  248A.258  248A.259  248A.260  248A.261  248A.262  Next

Last modified: September 28, 2016