D.C. Code § 41-162.05

Current through codified legislation effective September 18, 2024
Section 41-162.05 - Other civil penalties
(a) If a holder enters into a contract or other arrangement for the purpose of evading an obligation under this subtitle or otherwise willfully fails to perform a duty imposed on the holder under this subtitle, the Administrator may require the holder to pay the Administrator, in addition to interest as provided in section 7075(a), a civil penalty of $1,000 for each day the obligation is evaded or the duty is not performed, up to a cumulative maximum amount of $25,000, plus 25 percent of the amount or value of property that should have been but was not reported, paid, or delivered as a result of the evasion or failure to perform.
(b) If a holder makes a fraudulent report under this subtitle, the Administrator may require the holder to pay to the Administrator, in addition to interest under section 7075(a), a civil penalty of $1,000 for each day from the date the report was made until corrected, up to a cumulative maximum of $25,000, plus 25 percent of the amount or value of any property that should have been reported but was not included in the report or was underreported.

D.C. Code § 41-162.05

Added by D.C. Law 24-45,§ VII-A-7076, 68 DCR 010163, eff. 11/13/2021.