2018 Maryland Code
Labor and Employment
Title 8 - Unemployment Insurance
Subtitle 6 - Contributions
Part IV - Enforcement and Collection
§ 8-628. Accrual interest
(a) In general. -- Except as provided in § 8-201.1 of this title, a contribution or reimbursement payment that is due and unpaid shall accrue interest at the rate of 1.5% per month or part of a month from the date on which it is due until the Secretary receives the contribution or payment in lieu of contributions and the interest.
(b) Application of Table F of § 8-612(d)(6). -- Notwithstanding subsection (a) of this section, except as provided in § 8-201.1 of this title, for any calendar year in which Table F is applicable under § 8-612(d)(6) of this subtitle, a contribution or reimbursement payment that is due and unpaid shall accrue interest at the rate of 0.5% per month or part of a month from the date on which it is due until the Secretary receives the contribution or payment in lieu of contributions and the interest.