---
kind: "section"
citation: "29 C.F.R. § 1650.112"
title: "29"
number: "1650.112"
heading: "Interest, penalties, and administrative costs."
url: "https://uscodex.org/cfr/29/1650.112"
---

# §1650.112. Interest, penalties, and administrative costs.


Unless a debt is paid in full within 30 days of receipt of the Notice of Debt, the Commission will charge interest at the rate established in accordance with [31 U.S.C. 3717](/usc/31/3717.md) effective on the date of delinquency, and a processing charge pursuant to [31 U.S.C. 3717](/usc/31/3717.md). The Commission will charge a penalty, pursuant to [31 U.S.C. 3717(e)(2)](/usc/31/3717.md?p=e-2) not to exceed 6 percent a year, on the amount due on a debt that is delinquent more than 90 days. This charge shall accrue from the date of delinquency. If an employee files a timely proposal for a repayment agreement, request for waiver, or a request for a hearing, interest, penalties, and administrative costs will be suspended during the time the Commission is considering such request(s).


## Notes

### Authority

Authority: 31 U.S.C. 3701 et seq. Subpart A also issued under 5 U.S.C. 5514; 5 CFR 550.1101. Subpart B also issued under 31 U.S.C. 3720A; 31 CFR 285.5(d)(4). Subpart C also issued under 31 U.S.C. 3716. Subpart D also issued under 31 U.S.C. 3720D.

### Source

Source: 73 FR 49093, Aug. 20, 2008, unless otherwise noted.