Tex. Tax Code § 111.060 · Subchapter B. TAX REPORTS AND PAYMENTS
INTEREST ON DELINQUENT TAX.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The yearly interest rate on all delinquent taxes imposed by this title is at the rate of 12 percent for report periods originally due on or before December 31, 1999, after which the rate of interest is variable and determined as provided in Subsection (b).
(b) The rate of interest to be charged to the taxpayer is the prime rate plus one percent, as published in The Wall Street Journal on the first day of each calendar year that is not a Saturday, Sunday, or legal holiday.
(c) Except as provided by Subsection (d), delinquent taxes draw interest beginning 60 days after the date due.
(d) Subsection (c) does not apply to the taxes imposed by Chapters 152 and 211 or under an agreement made under Section 162.003.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1506, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1983, 68th Leg., p. 450, ch. 93, Sec. 1, eff. Sept. 1, 1983; Acts 1991, 72nd Leg., ch. 409, Sec. 69, eff. June 7, 1991; Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 13.01, eff. Sept. 1, 1991; Acts 1993, 73rd Leg., ch. 587, Sec. 5, eff. Jan. 1, 1994; Acts 1995, 74th Leg., ch. 1000, Sec. 2, eff. Oct. 1, 1995; Acts 1999, 76th Leg., ch. 459, Sec. 1, eff. Jan. 1, 2000.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 1227 (S.B. 1495), Sec. 3, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.111.htm
- Text hash
- sha256 092f3d1ea222fc313fa218f6d0c9b06f75849b7a77b888af612e5e9e0a11b641
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 20 provisions
Provisions in this library whose text cites Tex. Tax Code § 111.060. Each shows the citation as that text prints it.
Education Code
Health and Safety Code
Natural Resources Code
Occupations Code
Tax Code
- Tex. Tax Code § 111.064INTEREST ON REFUND OR CREDIT.Printed as Section 111.060
- Tex. Tax Code § 156.201INTEREST ON DELINQUENT TAXES.Printed as Section 111.060
- Tex. Tax Code § 158.151PENALTIES.Printed as Section 111.060
- Tex. Tax Code § 162.116INFORMATION REQUIRED ON SUPPLIER'S AND PERMISSIVE SUPPLIER'S RETURN; CREDITS AND ALLOWANCES.Printed as Section 111.060
- Tex. Tax Code § 162.126REFUND FOR BAD DEBTS; CREDIT FOR NONPAYMENT.Printed as Section 111.060
- Tex. Tax Code § 162.217INFORMATION REQUIRED ON SUPPLIER'S AND PERMISSIVE SUPPLIER'S RETURN; CREDITS AND ALLOWANCES.Printed as Section 111.060
- Tex. Tax Code § 162.228REFUND FOR BAD DEBTS; CREDIT FOR NONPAYMENT.Printed as Section 111.060
- Tex. Tax Code § 162.366CREDIT FOR BAD DEBT OR NONPAYMENT.Printed as Section 111.060
- Tex. Tax Code § 171.362PENALTY FOR FAILURE TO PAY TAX OR FILE REPORT.Printed as Section 111.060
- Tex. Tax Code § 181.101INTEREST ON DELINQUENT TAXES.Printed as Section 111.060
- Tex. Tax Code § 351.0042INTEREST ON DELINQUENT TAX.Printed as Section 111.060(b)
Transportation Code
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