Texas § 2001.508 PENALTIES FOR FAILURE TO PAY OR REPORT.

Texas Statutes

§ 2001.508 — PENALTIES FOR FAILURE TO PAY OR REPORT.

Texas § 2001.508

Code OCOccupations Code

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Bluebook

Tex. Occupations Code Code Ann. § 2001.508 (2026).

Text

Sec. 2001.508. PENALTIES FOR FAILURE TO PAY OR REPORT.

(a)If a person fails to file a report of the fee on prizes as required by this chapter or fails to pay to the commission the fee on prizes imposed under this chapter when the report or payment is due, the person forfeits five percent of the amount due as a penalty, and after the first 30 days, the person forfeits an additional five percent.

(b)A delinquent payment of the fee on prizes accrues interest at the rate provided by Section 111.060 , Tax Code, beginning on the 60th day after the due date.

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Sec. 2001.508. PENALTIES FOR FAILURE TO PAY OR REPORT. (a) If a person fails to file a report of the fee on prizes as required by this chapter or fails to pay to the commission the fee on prizes imposed under this chapter when the report or payment is due, the person forfeits five percent of the amount due as a penalty, and after the first 30 days, the person forfeits an additional five percent.
(b) A delinquent payment of the fee on prizes accrues interest at the rate provided by Section 111.060 , Tax Code, beginning on the 60th day after the due date.

Legislative History

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by: Acts 2015, 84th Leg., R.S., Ch. 1255 (H.B. 1905 ), Sec. 10, eff. September 1, 2015.