Texas Utilities Code § 122.205 Interest

Sec. 122.205. INTEREST. A tax imposed by this chapter that becomes delinquent draws interest at the rate of 12 percent a year beginning on the 60th day after the date the tax becomes delinquent and continues to draw interest until the date the tax is paid.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

Section: Previous  122.001  122.051  122.052  122.101  122.102  122.103  122.104  122.151  122.152  122.201  122.202  122.203  122.204

Last modified: September 28, 2016