18 NCAC 12 .0406             NONPROFIT FEE REDUCTION PROCEDURE

The Department shall reduce the fee to fifty dollars ($50.00) if a nonprofit principal shows the Department that the nonprofit principal:

(1)           Had annual gross revenues in its most recent fiscal year of three hundred thousand dollars ($300,000) or less; and

(2)           Is represented by no more than two lobbyists.

History Note:        Authority G.S. 120C-101(a); 120C-201; 120C-207; 120C-215; 120C-600; 120C-603; 26 U.S.C. Sec. 501(c)(3);

Temporary Adoption Eff. January 1, 2007;

Eff. December 1, 2007.