(A) Pursuant to KRS 134.810, ad valorem taxes on motor vehicles shall be due and payable on or before the last day in the month in which registration is required by law for all motor vehicles renewed. Tax bills remaining unpaid following the end of the month in which motor vehicle registration is required shall be considered delinquent.
(B) Any taxes which are paid within 30 days of becoming delinquent shall be subject to a penalty of 3% on the taxes due. Any taxes which are not paid within 30 days of becoming delinquent shall be subject to a penalty of 10% of the taxes due. In addition, interest at an annual rate of 15% shall accrue on the taxes and penalty from the date of delinquency.
(KRS 134.810(2), (3)) (Prior Code, § 36.05)