Colorado Code
Part 1 - General Provisions
§ 39-21-109. Interest on Underpayment, Nonpayment, or Extensions of Time for Payment of Tax

(1.5) If payment of or an agreement to pay the amount of any tax described in subsection (1) of this section is made within thirty days of notice of underpayment, nonpayment, or extension of time, the executive director shall waive the imposition of the three points in excess of the prime rate described in section 39-21-110.5 (2) on such amount unless the executive director determines that there has been a willful neglect or failure to pay such tax.





Source: L. 65: p. 1138, § 2. C.R.S. 1963: § 138-9-8. L. 73: p. 1418, § 103. L. 77: (1) amended, pp. 1768, 1854, §§ 6, 8, effective January 1, 1978. L. 79: (1) amended, p. 1500, § 24, effective January 1, 1980. L. 81: (1) amended, p. 1863, § 2, effective June 8. L. 86: (1) amended, p. 1111, § 7, effective July 1. L. 89: (1) amended, p. 1595, § 9, effective July 1, 1993. L. 90: (1) amended and (1.5) added, p. 1728, § 2, effective April 5; (1) amended, p. 1723, § 9, effective May 1; (1) amended, pp. 1729, 1724, §§ 3, 10, effective July 1, 1993.
Editor's note: Amendments to subsection (1) by Senate Bill 77-144 and House Bill 77-1076 were harmonized. Amendments to subsection (1) by House Bill 90-1176 and House Bill 90-1258 were harmonized.

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