Statutory Interest Rates
Interest Rates - Refunds
| Year | 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter |
|---|---|---|---|---|
| 2003 | 2.7% | 2.5% | 2.4% | 2.2% |
| 2004 | 2.1% | 2.1% | 1.8% | 1.7% |
| 2005 | 1.7% | 1.7% | 2.0% | 2.3% |
| 2006 | 2.7% | 3.0% | 3.4% | 3.8% |
| 2007 | 4.2% | 4.5% | 4.8% | 4.9% |
| 2008 | 5.0% | 4.9% | 4.8% | 4.4% |
| 2009 | 4.0% | 3.5% | 2.9% | 2.5% |
| 2010 | 2.0% | 1.6% | 1.3% | 1.1% |
| 2011 | 0.9% | 0.9% | 0.8% | 0.9% |
| 2012 | 0.8% | 0.8% | 0.8% | 0.8% |
| 2013 | 0.8% | 0.7% | 0.7% | 0.7% |
| 2014 | 0.6% | 0.6% | 0.6% | 0.6% |
| 2015 | 0.6% | 0.6% | 0.6% | 0.6% |
| 2016 | 0.6% | 0.6% | 0.6% | 0.6% |
| 2017 | 0.6% | 0.7% | 0.7% | 0.8% |
| 2018 | 0.9% | 1.0% | 1.2% | 1.3% |
| 2019 | 1.5% |
Interest Rates - Delinquencies
| Year | Interest Rates |
|---|---|
| 2004 | 4% |
| 2005 | 5% |
| 2006 | 7% |
| 2007 | 8% |
| 2008 | 8% |
| 2009 | 5% |
| 2010 | 3% |
| 2011 | 3% |
| 2012 | 3% |
| 2013 | 3% |
| 2014 | 3% |
| 2015 | 3% |
| 2016 | 3% |
| 2017 | 4% |
| 2018 | 4% |
| 2019 | 5% |
1982 to 2002 Interest Rates - Refunds & Delinquencies
| Year | Interest Rates |
|---|---|
| 1982 and prior | 6% |
| 1983 | 14% |
| 1984 | 12% |
| 1985 | 13% |
| 1986 - 1995 | 12% |
| 1996 | 9% |
| 1997 | 8% |
| 1998 | 9% |
| 1999 | 8% |
| 2000 | 8% |
| 2001 | 10% |
| 2002 | 6% |