Meetings
 
Agenda Item
Docket No. 21-680
 
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RE:
Waiver request submitted by Michael Hollis, New Orleans City Park Board of Commissioners, regarding a $1500 late fee assessed for filing his 2018 Tier 2.1 annual pfd 484 days late.
Facts:
Michael Hollis is requesting a waiver for the following reasons:

Mr. Hollis stated once he received his notice, he quickly complied by submitting the missing disclosure. In 2018, he was diagnosed with Epilepsy and his medication has severe side effects which created gaps in both his short and long-term memory. In 2019, he moved and had issues with notifying everyone to inform them of his address change. In 2020, with the challenges of COVID-19 and now having to work from home on a new platform, which was especially difficult for him to learn. He sold his firm Hollis Companies Employee Benefits and the Employee Benefits Corporation to HUB International, which created additional challenges with his mail. From 4/25/2021 to 5/8/2021, he was out of town with his family and had limited access to his email. Mr. Hollis stated throughout his years of service with the City Park Board, he has always completed his reports and training in timely manner.


Comments:
TYPE OF REPORT: 2018 Tier 2.1 Annual Report
ORIGINAL FILING DATE: May 15, 2019

DATE NOD RECEIVED: 1/13/2020 (signature not legible)


DATE REPORT FILED: 5/21/2021
DAYS LATE FROM NOD:
484 days
DAYS LATE FROM ORIGINAL DUE DATE:
737 days
ASSESSED LATE FEE: $1500
OUTSTANDING PFD LATE FEES:
None

OUTSTANDING CF LATE FEES: None

OUTSTANDING DISCLOSURE REPORTS: None

PRIOR EXPERIENCE: has filed 7 reports or amendments

Law:
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.

Recommendations:
Suspend all but $1050 based on future compliance with the Code of Ethics. The $1050 is payable within 20 days and if payment is not received within 20 days, the full amount of the late fee becomes due and owing.
Assigned Attorney: Tracy Barker
 
 
ATTACHMENTS:
Description:
2021-680 - PFD Waiver Request Michalel C. Hollis