(a) Interest on Delinquent Tax.(1) The yearly interest rate on delinquent prize fees is variable and is the prime rate plus one percent, as published in The Wall Street Journal on the first day of each calendar year that is not a Saturday, Sunday, or legal holiday.(2) Delinquent taxes draw interest beginning 60 days after the date the taxes are due.(b) Interest on Refund or Credit.(1) Except as provided by paragraphs (1) and (2) of subsection (a), interest is at the rate set out in subsection (a)(1), for the amount found to be erroneously paid by the licensee for prize fees for a period, as determined by the Charitable Bingo Operations Division:(A) beginning on the later of 60 days after the date of payment or the date the quarterly report is required to be filed with the Charitable Bingo Operations Division; and(B) ending on either the date of allowance of credit on account of the Charitable Bingo Operations Division's decision or audit or a date not more than ten days before the date of the refund warrant, as determined by the Charitable Bingo Operations Division.(2) A credit of $100.00 or less entered by a licensed authorized organization or lessor on its quarterly report does not accrue interest. The credit will be accessible for viewing in the Bingo Service Portal or through the agency's system for any inquiries regarding the current filing quarter. A credit taken by a licensed authorized organization or lessor on the quarterly report does not accrue interest.(3) For a refund processed for a fee due, the rate of interest is the rate set out in subsection (a)(1) of this section.(4) A warrant for interest payments shall be drawn against the fund or account into which the overpaid prize fee was deposited.