Section 401.390 - Remitting Penalty Payments; Releasing Bonds(a) On the date the court's judgment that an administrative penalty against a person should be reduced or not assessed becomes final, the court shall order that: (1) the appropriate amount of any penalty payment plus accrued interest be remitted to the person not later than the 30th day after that date; or(2) the bond be released, if a supersedeas bond has been posted.(b) Accrued interest on amounts remitted by the department shall be paid:(1) at a rate equal to the rate charged on loans to depository institutions by the New York Federal Reserve Bank; and(2) for the period beginning on the date the penalty is paid to the department under Section 401.389(a) and ending on the date the penalty is remitted.Tex. Health and Safety Code § 401.390
Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1,Sec. 3.0928, eff. 4/2/2015.Amended By Acts 1997, 75th Leg., ch. 1072, Sec. 58, eff. 9/1/1997.Amended by Acts 1995, 74th Leg., ch. 76, Sec. 11.241, eff. 9/1/1995 Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.