Opinion No.

Ms. Jeannene Fox Acting Administrator Texas Alcoholic Beverage Commission P.O. Box 13127 Capitol Station Austin, Texas 78711-3127

Re: Rate of interest on delinquent tax payments under section 32(b) of the Bingo Enabling Act, V.T.C.S. art. 179d (RQ-210)

Dear Ms. Fox:

You have requested our opinion on whether article 13 of House Bill 11, passed during the First Called Session of the 72d Legislature, raised the interest rate on tax payments due under section 32(b) of the Bingo Enabling Act (the act), article 179d, V.T.C.S., from ten percent a year to twelve percent a year, compounded monthly. If we…