26B-3-509. Penalties and interest.
| (1) |
A hospital that fails to pay a quarterly assessment, make the mandated intergovernmental transfer, or file a return as required under this part, within the time required by this part, shall pay penalties described in this section, in addition to the assessment or intergovernmental transfer. |
Terms Used In Utah Code 26B-3-509
- Assessment: means the inpatient hospital assessment established by this part. See Utah Code 26B-3-501
- Division: means the Division of Integrated Healthcare within the department. See Utah Code 26B-3-501
| (2) |
If a hospital fails to timely pay the full amount of a quarterly assessment or the mandated intergovernmental transfer, the department shall add to the assessment or intergovernmental transfer:
| (a) |
a penalty equal to 5% of the quarterly amount not paid on or before the due date; and |
| (b) |
on the last day of each quarter after the due date until the assessed amount and the penalty imposed under Subsection (2)(a) are paid in full, an additional 5% penalty on:
| (i) |
any unpaid quarterly assessment or intergovernmental transfer; and |
| (ii) |
any unpaid penalty assessment. |
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| (3) |
Upon making a record of the division‘s actions, and upon reasonable cause shown, the division may waive, reduce, or compromise any of the penalties imposed under this part. |
Renumbered and Amended by Chapter 306, 2023 General Session
