(a) If, after judicial review, the administrative penalty is reduced or not imposed by the court, the board shall:
(1) remit the appropriate amount plus accrued interest to the person on whom the penalty is imposed, if the person paid the penalty; or
(2) execute a release of the bond, if the person posted a supersedeas bond.
(b) The interest remitted under Subsection (a)(1) is at the rate charged on loans to depository institutions by the New York Federal Reserve Bank. The interest shall be paid for the period beginning on the date the penalty is paid and ending on the date the penalty is remitted.