§ 32-6. Interest and civil penalties.

(a) Failure to remit surcharge.

If a person fails to remit the surcharge imposed by this subtitle when due, the person must pay the Director, in addition to the surcharge due:

(1) interest at the rate of 1% for each month or fraction of a month that the surcharge is overdue; and

(2) a penalty of 10% of the amount of the surcharge due.

(b) Failure to file reports; maintain records.

If a person fails to submit the remittance reports or fails to keep suitable records as required by § 32-4 of this subtitle, the person must pay the Director, in addition to the surcharge, a penalty of $1,000 for each month that reports are not submitted or for each month that suitable records are not kept.