NC H1052

Amends G.S. 62-302 to establish separate regulatory fee rates for competitive and noncompetitive telecommunications jurisdictional revenues, replacing the previous single rate structure.

Sets subsection (h) competitive jurisdictional revenue rates at 0.06% for quarters beginning July 1, 2015, and 0.04% for quarters beginning July 1, 2016.

Sets subsection (m) competitive jurisdictional revenue rates at 0.05% for quarters beginning July 1, 2015, and 0.02% for quarters beginning July 1, 2016.

Requires adjustment of noncompetitive jurisdictional revenue rates for fiscal years 2015-2016 and 2016-2017 to offset decreases from competitive rate reductions and ensure sufficient total fee collection for regulatory operations.

Becomes effective July 1, 2015.