§ 4-1-103. Interest rate on overdue taxes.

Latest version.

All overdue property taxes shall accrue interest at the rate of 0.5% per month, or fraction of a month, and a penalty of 0.5% per month, or fraction of a month, from the time that the taxes become overdue until they are paid.
(1985 Code, Art. 6, § 1-102) (Bill No. 69-16)
State Code reference – Tax-Property Article, § 14-603(b)(5)(i).

                    
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