Indiana Code Title 2. General Assembly § 2-7-3-2

Sec. 2. (a) One (1) activity report shall be filed not later than May 31, covering the period from November 1 of the immediately preceding calendar year through April 30.  The other activity report shall be filed not later than November 30, covering the period from May 1 through October 31.  The commission shall provide a copy of an activity report to a member of the general assembly at the request of the member.

(b) Subject to subsections (c) and (d), the commission shall impose a penalty of not more than one hundred dollars ($100) per day for each day that the person fails to file any report required by this chapter until the report is filed.

(c) The penalty shall not exceed four thousand five hundred dollars ($4,500) per report.

(d) The commission may waive all or part of the penalty if the commission determines that the circumstances make imposition of the penalty inappropriate.