| Waiver request submitted by Theodore Young, a former member of the French Quarter-Marigny Historic Area Management District, regarding a $1,500 late fee assessed for filing his 2014 Tier 2.1 pfd 127 days late. |
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Mr. Young states that he is on a fixed income ($1,200 social security per month) and that he is 74 years old. Mr. Young is no longer a member of the board.
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TYPE OF REPORT: 2014 Tier 2.1 Annual Report
ORIGINAL DUE DATE: May 15, 2015
DATE NOD RECEIVED: September 25, 2015 (personally signed green card)
DATE REPORT FILED: February 10, 2016
DAYS LATE FROM NOD: 127 days
DAYS LATE FROM ORIGINAL DUE DATE: 271 days
ASSESSED LATE FEE: $1,500
PRIOR PFD LATE FEES: None
PRIOR CF LATE FEES: None
OUTSTANDING DISCLOSURE REPORTS: None
PRIOR FILING EXPERIENCE: 5 reports or amendments
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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.
La. R.S. 42:1124.4 of the Code 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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Suspend all but $450 based on future compliance with the reporting requirements under the Code of Ethics. The $450 is payable within 30 days and if payment is not received within 30 days, the full amount of the late fee becomes due and owing.
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| Assigned Attorney: |
Tracy Barker |
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