Meetings
 
Agenda Item
Docket No. 12-028
 
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RE:
Waiver request submitted by Tommy Nelson regarding a $1,300 late fee assessed for filing his 2010 Tier 2.1 annual pfd 26 days late.
Facts:
Tommy Nelson is a member of the Louisiana Energy and Power Authority. On June 18, 2011, he received a notice of delinquency and filed his report on August 3, 2011, 26 days late.

Mr. Nelson states that the notice of delinquency was signed for by Rosetta Nelson, Mr. Nelson's mother, and Mr. Nelson did not receive the letter until August 3, 2011, the date the report was filed.

The notice of delinquency was mailed to the address Mr. Nelson provided on his reports.

Comments:
TIER: 2.1
TYPE OF REPORT: 2010 Annual Report

DAYS LATE: 26 days

ASSESSED LATE FEE: $1,300

OTHER LATE FILINGS: No

Law:
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 fourteen (14) business days after receipt of the notice of delinquency.

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.

Recommendations:
Pursuant to the waiver guidelines, suspend all but $500 based on future compliance with the Code.

Assigned Attorney: Tracy Barker
 
 
ATTACHMENTS:
Description:
2012-028- Staff Memo