Sec. 63.073.  PENALTY FOR LATE FILING OR PAYMENT.  (a)  If a person does not file a report or pay the inspection fee as required by Section 63.072, the registrant shall pay a penalty equal to 15 percent of the inspection fee due or $50, whichever is greater.
(b)  A penalty, together with the delinquent inspection fee, is due before the 61st day following the last day of the quarter, for quarterly reports, or of August, for annual reports.  The service shall cancel the registration of a registrant who fails to pay the penalty and delinquent inspection fee within that time period.
Acts 1981, 67th Leg., p. 1145, ch. 388, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1983, 68th Leg., p. 1848, ch. 349, art. 1, Sec. 4, eff. Sept. 1, 1983;  Acts 2003, 78th Leg., ch. 682, Sec. 2, eff. Sept. 1, 2003.