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.