§ 74788 Nursery Assessment Penalties

• •If a nursery doesn't file their paperwork or pay their fees on time, they have to pay extra money as a penalty.
• •The penalty is 10% of the total amount they owe.
• •They also have to pay 1.5% interest every month on the amount they haven't paid yet.

A nursery owes $1,000 in fees but doesn't pay on time.

They will have to pay a $100 penalty (10% of $1,000) plus 1.5% interest every month on the $1,000 until they pay it.