(A) The fees imposed by this chapter and collected by the clerk of court or register of deeds are due and payable to the department in monthly installments with a report on or before the twentieth day of the month following the month in which the fees were collected. The report required by this section must be filed by the county on a form or in the method prescribed by the department. The department, at its discretion, may require counties to remit the fee by electronic funds transfer or any other method considered appropriate.
(B) The department, at its discretion, may allow a county to file its report on a basis other than monthly.
(C) The county shall remit with each report only that portion of the fee that represents the state portion. The county portion of the fee must be retained by the county.
(D) When a return required by this section is filed and the fees due with it are paid in full on or before the final due date, including any date to which the time for making the return and paying the fees has been extended pursuant to the provisions of Section 12-54-70, the county is allowed a discount equal to three percent of the state's portion of the fees. In no case is a discount allowed if the return or fee on the return is received after the due date or after any extension granted by the department.
HISTORY: 1996 Act No. 458, Part II, Section 57A; 1997 Act No. 34, Section 1.