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Waiver request submitted by Douglas Lawrence Stream, Louisiana School Employees' Retirement System, regarding a $1500 late fee assessed for filing his amended 2023 Tier 2.1 annual pfd 52 days late. |
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Douglas Lawrence Stream received the LFO but did not receive any prior correspondence regarding the amendment requirement because he moved in May 2025 and was not receiving mail at his new address for several months. He believes the previous tenant may have received the delinquency notice delivered in August 2025. Upon review, he was made aware that he needed to disclose his income from the Jefferson Parish School Board. It was never his intent to omit or withhold information and it has since been disclosed. Mr. Stream has always made every effort to comply. Please reduce or waive the assessed late fee.
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TYPE OF REPORT: 2023 Tier 2.1 Annual Report - Amendment
ORIGINAL FILING DATE: 4/23/24
DATE NOD RECEIVED: 8/26/25 (signature not legible)
DATE REPORT FILED: 10/27/25
DAYS LATE FROM NOD: 52 days
ASSESSED LATE FEE: $1500
PRIOR/OUTSTANDING PFD LATE FEES: None
PRIOR/OUTSTANDING CF LATE FEES: None
OUTSTANDING DISCLOSURE REPORTS: None
PRIOR EXPERIENCE: Been filing disclosures since 2024
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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 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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Suspend all based on future compliance.
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| Assigned Attorney: |
Tracy Barker |
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