742-8-08 Penalties and interest under section 742.353 of the Revised Code.

 

 

 

742-8-08                      Penalties  and  interest  under  section  742.353  of  the  Ohio Revised Code.

 

 

 

(A)Pursuant to division (C) of section 742.353 of the Revised Code, the penalties assessed under sections 742.351 [742.35.1] and 742.38 of the Revised Code shall be as follows:

 

(1)If a form, report, or statement is at least one but not more than fifteen days past due, one hundred dollars;

 

(2)If a form, report, or statement is at least sixteen but not more than sixty days past due, five hundred dollars;

 

(3)If a form, report, or statement is at least sixty-one but not more than one hundred eighty days past due, one thousand dollars;

 

(4)If a form, report, or statement is at least one hundred eighty-one days past due, three thousand dollars.

 

The total of the penalties paid by an employer under this paragaph in a calendar year shall not exceed twenty thousand dollars.

 

(B)Any amount due from an employer under paragraphs (A) of this rule shall  be collected from the county auditor in the same manner as is provided in section 742.35 of the Revised Code.

 

(C)The provisions of this rule shall apply to employers that have incurred penalties and interest since December 31, 2004.

 

(D)Employers with no more than five members that still have penalties remaining after the application of the penalty structure in paragraph (A) of this rule shall pay an amount not to exceed five hundred dollars for each failure to. Such employers shall be eligible to participate in the payment plan outlined in rule 742-7-15 of the Administrative Code to the extent that they require an additional amount of time to repay penalties and interest.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

742-8-08         Effective:	03/20/2006	2
CERTIFIED ELECTRONICALLY
Certification
03/20/2006
Date
Promulgated Under:	111.15
Statutory Authority:	742.10, 742.353
Rule Amplifies:	742.353