Meetings
 
Agenda Item
Docket No. 12-500
 
Print
RE:
Waiver request submitted by Robert Bruno regarding a $1,500 assessed for filing his 2010 Tier 2.1 annual pfd 156 days late.
Facts:
Robert Bruno is a member of the Louisiana Board of Regents. On August 10, 2011, Mr. Bruno received a notice of delinquency requesting he file his 2010 Tier 2.1 annual pfd. The report was filed on February 2, 2012, 156 days late. A $1,500 late fee was assessed.

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

DAYS LATE: 156 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:
Based on the waiver guidelines, decline to waive.

Assigned Attorney: Tracy Barker
 
 
ATTACHMENTS:
Description:
2012-500- Staff Memo