                                 CODE OF VIRGINIA

INTEREST ON PAST-DUE TAXES (§ 60.2-519)

Taxes unpaid on the date on which they are due and payable, as prescribed by the
Commission pursuant to § 60.2-511, shall bear interest at the rate of one and
one-half percent per month from and after such date until payment plus accrued
interest is received by the Commission. Interest collected pursuant to this
article shall be paid into the Special Unemployment Compensation Administration
Fund continued by § 60.2-314.

HISTORY: Code 1950, § 60-77; 1968, c. 738, § 60.1-92; 1982, c. 363; 1986, c.
480.