Texas § OC.2001.508 - PENALTIES FOR FAILURE TO PAY OR REPORT
Full text of Texas The Texas Constitution § OC.2001.508 — PENALTIES FOR FAILURE TO PAY OR REPORT, with citation guidance and answers to common questions.
§ OC.2001.508. PENALTIES FOR FAILURE TO PAY OR REPORT
PENALTIES FOR FAILURE TO PAY OR REPORT. (a) If a person fails to file a report of the fee on prizes as required by this chapter or fails to pay to the commission the fee on prizes imposed under this chapter when the report or payment is due, the person forfeits five percent of the amount due as a penalty, and after the first 30 days, the person forfeits an additional five percent. (b) A delinquent payment of the fee on prizes accrues interest at the rate provided by Section 111.060 , Tax Code, beginning on the 60th day after the due date. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by: Acts 2015, 84th Leg., R.S., Ch. 1255 (H.B. 1905 ), Sec. 10, eff. September 1, 2015.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § OC.2001.508
What does The Texas Constitution § OC.2001.508 cover?
Section OC.2001.508 ("PENALTIES FOR FAILURE TO PAY OR REPORT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § OC.2001.508?
A common citation format is "The Texas Constitution § OC.2001.508" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.2001.508 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.