Anypayment which is notpaid on the due date shallaccrueinterest at a rate of 0.5 % per completed week of delayorthemaximumamountpermitted by law; whichever shall be less.
The most popular idea among academic experts is to index benefits either to the rise in prices or to the increase in average wages throughout the economy -- whicheverisless.
The cap, enacted as a step toward controlling property tax rates that are among the highest in the nation, generally restricts districts and local governments from increasing their tax levy by more than 2 percent or the rate of inflation, whicheverisless.