PUBLIC LAW 100-185—DEC. 11, 1987
101 STAT. 1285
percent of the principal amount that is delinquent. If a fine becomes in default, the defendant shall pay, as a penalty, an additional amount equal to 15 percent of the principal amount that is in default. "(h) WAIVER OF INTEREST OR PENALTY BY ATTORNEY GENERAL.—
The Attorney General may waive all or part of any interest or penalty under this section if, as determined by the Attorney General, reasonable efforts to collect the interest or penalty are not likely to be effective. "(i) APPLICATION OF PAYMENTS.—Payments relating to fines shall be applied in the following order; (1) to principal; (2) to costs; (3) to interest; and (4) to penalties.". SEC. 12. RECEIPT OF RESTITUTION PAYMENTS BY COURTS.
Section 3663(f)(4) of title 18, United States Code, is amended by inserting "or the person designated under section 604(a)(17) of title 28" after "Attorney General". Approved December 11, 1987.
LEGISLATIVE HISTORY—H.R. 3483: HOUSE REPORTS: No. 100-390 (Comm. on the Judiciary). CONGRESSIONAL RECORD, Vol. 133 (1987): Oct. 27, considered and passed House. Oct. 30, considered and passed Senate, amended. Nov. 16, House concurred in Senate amendments with an amendment. Nov. 20, Senate concurred in House amendment with amendments. Dec. 2, House concurred in certain Senate amendments, in another with an amendment, and disagreed to another. Dec. 3, Senate concurred in House amendment and receded from another.
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