Meetings
 
Agenda Item
Docket No. 12-499
 
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RE:
Waiver request submitted by Vincent Borello, Jr. regarding a $1,500 late fee assessed for filing his amended 2009 Tier 2.1 annual pfd 42 days late.
Facts:
Vincent Borrello is a member of the Board of Examiners of Certified Shorthand Reporters. On December 21, 2011, Mr. Borrello received a notice of delinquency requesting he amend his 2009 Tier 2.1 annual report to disclose both his and his spouses' income on the pfd. The amended report was filed on February 29, 2012, 42 days late. A $1,500 late fee was assessed.

Comments:
TIER: 2.1
TYPE OF REPORT: 2009 Amended Annual Report

DAYS LATE: 42 days
ASSESSED LATE FEE: $1,500
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:
Waive the late fee.

Assigned Attorney: Tracy Barker
 
 
ATTACHMENTS:
Description:
2012-499- Staff Memo
2012-499- CORRESPONDENCE FROM VINCENT BORRELLO JR (FAX 5-7-12)