Wednesday, February 17, 2010

FBN: Reynolds Fined $10,500 By The Texas Ethics Commission!--just in--

...Reynolds also addressed the $10,500 fine levied against him by the Texas Ethics Commission, saying he will pay the fine as soon as he has the lump sum, which his treasurer told him was required.

The fines result from the failure to file two reports. Reynolds failed to file in July of 2008 his semi-annual report, the first report due after the primaries. That failure resulted in an initial $500 fine then an additional $100 per day until the maximum $10,000 was reached. That report was filed last month.

The additional $500 resulted from Reynolds’s failure to file another semi-annual report in January of 2009.
According to the Texas ethics Commission, the account has been sent to the Attorney General’s Office for collection. Reynolds said he was unaware of that.

Source:

http://www.fortbendnow.com/2010/02/17/44040