| Answer submitted by Frank R. Bayer, Police Pension Fund Board of Trustees, in response to a notice of delinquency. |
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Mr. Bayer received a notice of delinquency requesting the he file his 2013 Tier 2.1 annual personal financial disclosure statement. Mr. Bayer filed an answer January 31, 2015, stating that he no longer serves on the Board and, therefore was not required to file a disclosure statement for 2013. The Police and Pension Board Administrator stated that Mr. Bayers separation date was April of 2013.
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La. R.S. 42:1124.2.1 requires financial disclosure for each member and designee of a board or commission which has the authority to expend, disburse or invest $10,000 or more of funds in a fiscal year on or before May 15th of each year during which the person holds office and the year following termination of the holding of such office. However, if the holding of the office terminates in January, then she will not be required to file a financial statement the year following termination as long as she files a financial statement during the year in which the holding of the office terminates that includes the period she held the office that year.
La. R.S. 42:1124.4 provides that upon discovery of the failure to file, failure to timely file, omission of information or inaccurate information, the Board shall notify the filer by sending him a notice of delinquency by certified mail. The notice of delinquency shall inform the person that the financial statement must be filed, or that the information must be disclosed or accurately disclosed, or that a written answer contesting the allegation of such failure, omission, or inaccuracy must be filed no later than seven (7) business days after receipt of the notice of delinquency.
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Advise Mr. Bayer that he has 7 business days to file a 2013 Tier 2.1 annual personal financial disclosure statement.
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| Assigned Attorney: |
Suzanne Mooney |
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