2005 Idaho Code - 72-1354 — PENALTY ON UNPAID AMOUNTS

                                  TITLE  72
                      WORKER'S COMPENSATION AND RELATED
                        LAWS -- INDUSTRIAL COMMISSION
                                  CHAPTER 13
                           EMPLOYMENT SECURITY LAW
    72-1354.  PENALTY ON UNPAID AMOUNTS. If any amounts due under this chapter
are not paid by any covered employer on or before the date on which they are
due, such amounts shall bear penalty at the rate of four percent (4%) or
twenty dollars ($20.00), whichever is the larger, for each month or fraction
thereof until paid; provided, that in no case shall the penalty exceed the
actual amounts due. The date of payment shall be deemed the date of actual
receipt by the director, or if mailed, the date of mailing. Penalties
collected pursuant to this section shall be paid into the state employment
security administrative and reimbursement fund as established by section
72-1348, Idaho Code. At the discretion of the director, the department may
compromise the amount of penalty collected pursuant to this section if the
employer shows he had good cause for failing to timely pay contributions.