| Request that the Board waive a $1,200 campaign finance late fee assessed against LA Life Underwriters PAC, a political action committee, its committee's chairperson and treasurer, Shannon Kuetemeyer, whose 2019 Annual campaign finance disclosure report was filed 6 days late. |
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Jason King, president of LA Life Underwriter PAC, requests a waiver and states the following:
Mr. King states we are a small association and our political action committee is even smaller with only about $4400 in accessible funds at this time. A $1200 penalty represents a significant portion of the funds we have available to work with our state elected representatives to improve the access to and the quality of financial services in the state of Louisiana. As we have taken extensive efforts to correct the problem and because the assessed late filing penalty would severely impact our mission, we respectfully request a reconsideration of the penalty.
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ELECTION: Future
TYPES OF REPORT: 2019 ANNUAL
DAYS LATE: 6
ASSESSED FEE: $1,200
REPORTS DUE: February 18, 2020
REPORTS FILED: February 24, 2020
REPORT ACTIVITY: $7,010.07 in Receipts; $247.05 in Expenditures; $88,843.67 Funds at Close of Reporting Period
OTHER LATE FILINGS: FIVE -PAID
2014 ANN (5 days late) - $1,000
10/24/2015 Election: 180-P (7 days late) - $1,400
30-P (19 days late) - $2,000
2017 ANN (13 days late) - $2,600
2018 ANN (19 days late) - $3,000
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18:1505.4.A(1) Any candidate, the treasurer or chairman of a political committee, or any other person required to file any reports under this Chapter, who knowingly fails to file or who knowingly fails to timely file any such reports as are required by this Chapter may be assessed a civil penalty for each day until such report is filed.
18:1495.4D(1) If the final report of a candidate for an election, as required by Paragraph (5), (6), or (7)of Subsection B of this Section, shows a deficit or a surplus, the candidate and his treasurer, if any, shall file supplemental reports with the supervisory committee of all information required in R.S. 18:1495.5. Such reports shall be filed annually no later than February fifteenth and shall be complete through the preceding December thirty-first. Such a supplemental report shall be filed each year until a report has been filed which shows no deficit and until any surplus campaign funds have been disposed of in accordance with R.S. 18:1505.2(I). The report on surplus funds shall disclose the disbursement of such funds in the same manner as expenditures are reported.
LAC 52:1205(C) states if a report is filed more than 10 days late and the amount of activity on the report is less than the amount of the late fee to be assessed, the staff may reduce the late fee to the amount of activity or 10 times the per-day penalty, whichever is greater.
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| Assigned Attorney: |
Charles Reeves |
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