Utah Code 26B-3-509. Penalties and interest
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(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
- Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
(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:
(2)(a) a penalty equal to 5% of the quarterly amount not paid on or before the due date; and
(2)(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:
(2)(b)(i) any unpaid quarterly assessment or intergovernmental transfer; and
(2)(b)(ii) any unpaid penalty assessment.
(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.