1. (a) The department may impose either or both of the following sanctions if, after a hearing under IC 4-21.5-3 , the department finds that a person has failed to file a registration statement or a report required by this chapter:

   1. (1) Revoke the person's registration.
   2. (2) For a finding made after June 30, 2007, assess a civil penalty on the person of not more than five hundred dollars ($500).

2. (b) In imposing sanctions under this section, the department shall consider the following:

   1. (1) Whether the failure to file the statement or report was willful or negligent.
   2. (2) Any mitigating circumstances.

As added by P.L.89-2006, SEC.15.