§ 12-41. Penalties and interest.

(a)

Should any occupation tax or any regulatory fee imposed by this article remain due and unpaid for 90 days from the due date of the tax or fee, the person liable for the tax or fee shall be subject to and shall pay a penalty of ten percent of the tax or fee due.

(b)

Delinquent occupation taxes, regulatory fees, and administrative fees shall bear interest at the rate of 1.5 percent per month from and after the date they are first due and payable until such time as they are paid in full.

(Prior Code, § 14-27)