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Waiver request submitted by Patrick Moore McMath, State Senator / 11th Senatorial District, regarding a $2500 late fee assessed for filing his 2020 Tier 2 annual pfd 43 days late. |
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Senator McMath states that the COVID-19 pandemic has significantly impacted businesses and individuals, including the processing of tax returns by the IRS. Patrick M. McMath, who has multiple business interests and operations involving numerous financial transactions, various tax filings, and accounting schedules, experienced delays in receiving information from the agency. This resulted in his inability to complete the 2020 Tier 2 PFD due to the delayed opening and irregular operations with an increased workload. To accurately complete the PFD, he had to wait until the accounting compliance process was fully completed before submitting a compliant disclosure. Senator McMath would like to request the assessed late fee be waived due to these extenuating circumstances.
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TYPE OF REPORT: 2020 Tier 2 Annual Report
ORIGINAL FILING DATE: 5/17/2021
DATE NOD RECEIVED: 3/22/2022
DATE REPORT FILED: 5/13/2022
DAYS LATE FROM NOD: 43 days
DAYS LATE FROM ORIGINAL DUE DATE: 361 days
ASSESSED LATE FEE: $2500
PRIOR/OUTSTANDING PFD LATE FEES: None
PRIOR/OUTSTANDING CF LATE FEES: Yes - 2017 election, Supplemental and 30P, $320 & $40, both paid. 2019 election, 10-G and 10-P, $1,000 &$640, both paid.
OUTSTANDING DISCLOSURE REPORTS: None
PRIOR EXPERIENCE: Been filing since 2017
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La. R.S. 42:1124.2
requires each person holding a public office who represents a voting district having a population of 5,000 or more persons to file an annual personal financial disclosure statement 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 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.
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| Assigned Attorney: |
Tracy Barker |
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