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Texas Health and Safety Code

§ 248.111 — REMITTANCE OF PENALTY AND INTEREST

HS § 248.111Title 4. HEALTH FACILITIES · Part B. LICENSING OF HEALTH FACILITIES · Ch. 248. SPECIAL CARE FACILITIES · Art. D. ADMINISTRATIVE PENALTY

Statute text

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(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 within 30 days after the date that 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.

Legislative history

Added by Acts 1999, 76th Leg., ch. 1411, Sec. 5.01, eff. Sept. 1, 1999.

Source: Texas Health and Safety Code § 248.111 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.