Tex. Util. Code § 16.003 · Subchapter A. ASSESSMENT ON PUBLIC UTILITIES
LATE PAYMENT PENALTY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An additional fee equal to 10 percent of the amount due shall be assessed for any late payment of an assessment required under this subchapter.
(b) An assessment delinquent for more than 30 days accrues interest at an annual rate of 12 percent on the amount of the assessment and penalty due.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.16.htm
- Text hash
- sha256 278621f41b6556803b88742ab5f28d50f21fed77baf604e1fc92f57a57adb6f7
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.