SECTION 16.3. Corrected or Amended Report Filed During a Facial Compliance Review; Late Fines

(a) A correction filed for the report that is subject to the facial compliance review will not be subject to a late fine if:

(1) The correction is filed not later than the 30th day after the date the filer receives the compliance review report;

(2) The corrected information complies with the law; and

(3) The original report was filed in good faith and without an intent to mislead or misrepresent the information contained in the report.

(b) A late fine will not be assessed for corrections filed to correct reporting errors made in any report filed prior to the report that is subject to the facial compliance review if:

(1) The filer learned of the errors through the facial compliance review;

(2) The correction is filed not later than the 30th day after the date the filer receives the compliance review report;

(3) The corrections comply with the law; and

(4) The original report was filed in good faith and without an intent to mislead or misrepresent the information contained in the report.

(c) A correction filed in accordance with this section will not be considered a prior late offense for purposes of determining the waiver or reduction of a fine under chapter 18 of this title.

Source Note: The provisions of this §16.3 adopted to be effective November 11, 2018, 43 TexReg 7337