# COMAR Title 09 — Maryland Department of Labor

## Subtitle 01 — Office of the Secretary

### Chapter 08 — Currency Transactions

#### Regulation .04 Failure to Report.

*COMAR 09.01.08.04*

A. After notice and opportunity for a hearing, as provided in State Government Article, Title 10, the Secretary may assess a civil penalty not to exceed $50 for each day that the Form 8300 is in arrears.

B. For the purpose of determining the civil penalty, the Secretary shall assess a separate penalty for each store, division, branch, department, headquarters, or office, regardless of physical location.

C. The total civil penalty may not exceed $1,000 per violation.

D. In determining the amount of the civil penalty for a violation, the Secretary shall consider the amount of currency and number of transactions involved, and any pattern of compliance or noncompliance by the person engaged in the trade or business.