Q When must a county or municipal tax collector start charging interest for late ad valorem tax collections?

A Section 27-41-9 applies when payment is not received by February 1, or if the first falls on a Saturday, Sunday or Holiday, the first working day thereafter. Beginning on February 2, according to Section 27-41-9, the taxpayer shall be required to pay, in addition to the amount of taxes unpaid after February1, interest at the rate of one percent (1%) per month from February 1 to the date of payment of such taxes.