{"data":{"id":"us-tx/tex.-government-code-2306.050","jurisdiction":"us-tx","citation":"Tex. Government Code § 2306.050","heading":"REMITTANCE OF PENALTY AND INTEREST.","body":"(a) If the person paid the penalty and if the amount of the penalty is reduced or the penalty is not upheld by the court, the court shall order, when the court's judgment becomes final, that the appropriate amount plus accrued interest be remitted to the person.\n(b) The interest accrues at the rate charged on loans to depository institutions by the New York Federal Reserve Bank.\n(c) The interest shall be paid for the period beginning on the date the penalty is paid and ending on the date the penalty is remitted.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 1341 (S.B. 1908), Sec. 10, eff. September 1, 2007.","path":["GOVERNMENT CODE","TITLE 10. GENERAL GOVERNMENT","SUBTITLE G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS","CHAPTER 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS","SUBCHAPTER B. GOVERNING BOARD AND DEPARTMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm#2306.050","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"bf687af5ae8b8f0994a41efee73ba1171caad5632422f33e592f0458091eeefc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2306.049","next":"us-tx/tex.-government-code-2306.0501"},"notice":"GroundRules: Original legal text. Not legal advice."}