2006 Massachusetts Code - Chapter 29 — Section 29H. Overdue payments to commonwealth; late charges.

Section 29H. Except as otherwise provided by law, the officer having charge of any state agency is hereby authorized to assess and collect a late charge against any person owing an overdue payment to the commonwealth subject to the following provisions:

(1) that the required payment date shall be the date on which payment is due under the laws, rules or regulations administered by such agency;

(2) that the late charge rate provided for under this section shall not exceed that computed as prescribed in section eight of chapter seven A but a lower rate or a flat fee or both may be applied; and

(3) that notice of intent to assess and collect that late charge shall be provided to the debtor prior to collection.

Any state agency is authorized to adopt rules and regulations to implement the provisions of this section.

Any state agency collecting late charges under the provisions of this section shall deposit all amounts collected in the revenue account that pertains to the original accounts receivable.

The comptroller shall include in the annual financial report a summary report on any late charges collected under this section during the preceding fiscal year. Such report shall include the number, amounts, and frequency of late charges collected, summarized by state agency and secretariat, where applicable.