1. (a) A person subject to §15.1 of this title (relating to Applicability) who fails to transfer payment amounts by electronic funds transfer may be assessed a penalty by the state agency to which payment is due in an amount equal to 5.0% of the payment amount.
2. (b) A person's failure to comply with these rules may result in the assessment of a penalty by the state agency to which payment is due in an amount equal to 5.0% of the payment amount.
3. (c) The Treasury will assist state agencies in identifying persons who are not complying with these rules.

Source Note:The provisions of this §15.2 adopted to be effective June 25, 1996, 21 TexReg 5459; transferred effective September 1, 1996, as published in the Texas Register October 16, 1998, 23 TexReg 10655.