Section 25360.1 Of Article 6. Recovery Actions From California Health And Safety Code >> Division 20. >> Chapter 6.8. >> Article 6.
25360.1
. (a) Until June 30, 2021, except as provided in subdivision
(b), a monetary obligation to the department pursuant to Chapter 6.5
(commencing with Section 25100) or this chapter shall be subject to
interest from the date of the demand at an interest rate of 7 percent
per annum. Commencing July 1, 2021, except as provided in
subdivision (b), a monetary obligation to the department pursuant to
Chapter 6.5 (commencing with Section 25100) or this chapter shall be
subject to interest from the date of the demand at an interest rate
of 10 percent per annum, except that, for obligations of local
governments, the interest rate shall be 7 percent per annum.
(b) The department shall waive the interest described in
subdivision (a) if the obligation is satisfied within 60 days from
the date of invoice. If, within 45 days of receiving an invoice, the
liable person or persons provide written notice to the department in
accordance with its invoice dispute resolution procedures disputing
in good faith the monetary obligation specified in the invoice, or a
portion thereof, the department shall waive the interest until the
dispute is resolved.