Senators approved the law on increase of penalties for late payment for housing and communal services

Senators approved the law on increase of penalties for late payment for housing and communal services


According to the law, for citizens penalties in the first month of delay will not be awarded. 31 to 90 day of delay amount of penalty is set at 1/300 rates from period outstanding amount for each day of delay, with 91 days – 1/130 rates.

MOSCOW, 28 Oct. The Federation Council on Wednesday approved a law that establishes a differentiated penalty for physical persons and legal entities for non-payment of services on provision of electricity and housing services. The provisions of the document should enter into force on 1 January 2016.

For legal entities the amount of the penalty is set at 1/130 of the refinancing rate of the Central Bank of the Russian Federation of not paid in the period amount for each day of delay, starting from the first day of delay. The penalty for management companies, the heatsupplying and water supplying organizations can be established in the amount of 1/300 of the refinancing rate (the previous regime for this type of organizations) from the first 60 day of non-payment, 1/170 refinancing rate — from 61 to 90 days and 1/130 — with 91 days of late payment.

For citizens penalties for non-payment of utility bills during the first month of delay will not be awarded. 31 to 90 day of delay penalty is set at 1/300 rates, with 91 days — 1/130 rates. Currently the penalty for citizens is 1/300 of the refinancing rate of the Central Bank from the first day of delay.

According to the Ministry of construction, debts of citizens for housing as at 1 October amount to 250 billion rubles. According to the law, regional authorities will be able to compile a list of customers of public utilities which will be required to provide a Bank guarantee as security for its payment obligations provided by the utility. This obligation will not apply to individuals, consumers who do not have debts, state and municipal authorities, public institutions, management companies and homeowners associations.