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NC S524
Bill
AI Summary
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Requires all licensing boards, businesses, and commissions to register with the Department of Revenue by providing name, address, telephone number, and other information the Secretary requires.
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Registration statements must be filed electronically and are effective from the filing date until January 1 of the following year, with new registrations required annually.
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Covered entities must file amended registration forms within 10 business days of any changes to previously submitted information.
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Establishes penalties of $250 for the first failure to register and $1,000 for each subsequent failure to comply with registration requirements.
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Secretary of Revenue must establish a registration filing system within 90 days of the law's effective date, with covered entities required to file initial registrations within 120 days.
Legislative Description
Department of Revenue Registration Act
Last Action
Ref To Com On Rules and Operations of the Senate
3/30/2017