§ 120C-403. Lobbyist principal's reports.
§ 120C‑403. Lobbyistprincipal's reports.
(a) Each lobbyistprincipal shall file quarterly reports under oath with the Secretary of Statewith respect to each lobbyist principal.
(b) The report shall befiled whether or not reportable expenditures are made, shall be due 10 businessdays after the end of the reporting period, and shall include all of thefollowing for the reporting period:
(1) All reportableexpenditures made for the purpose of lobbying.
(2) Solicitation ofothers when such solicitation involves an aggregate cost of more than threethousand dollars ($3,000).
(3) With respect to eachlobbyist registered under G.S. 120C‑206, payment for services paid to alllobbyists during the quarter. If a lobbyist is a full‑time employee ofthe principal, or is paid by means of an annual fee or retainer, the principalshall estimate and report the portion of the salary, fee, or retainer that isreasonably allocated for the purpose of lobbying. A lobbyist principal may relyupon a statement by the lobbyist estimating the portion of the salary, fee, orretainer that is reasonably allocated for the purpose of lobbying.
(4) With respect to eachlobbyist registered under G.S. 120C‑206, reportable expendituresreimbursed or paid to lobbyists for lobbying that are not reported on thelobbyist's report, with an itemized description of those reportableexpenditures.
(5) All reportableexpenditures for gifts given under G.S. 138A‑32(e)(1)‑(9), 138A‑32(e)(11),138A‑32(e)(12), and all gifts given under G.S. 138A‑32(e)(10) witha value of more than two hundred dollars ($200.00).
(c) In addition to thereports required by this section, each lobbyist principal incurring reportableexpenditures in any month while the General Assembly is in session with respectto lobbying legislators and legislative employees shall file a monthlyreportable expenditure report. The monthly reportable expenditure report shallcontain information required by this section with respect to all lobbying oflegislators and legislative employees, and is due within 10 business days afterthe end of the month. The information on the monthly report shall also beincluded in each quarterly report required by subsection (a) of this section. (1933, c. 11, s. 5; 1973, c.108, s. 70; 1975, c. 820, s. 1; 1991, c. 740, s. 1.1; 1991 (Reg. Sess., 1992),c. 1030, s. 51.10; 1999‑338, s. 2; 2005‑456, s. 1; 2006‑201,s. 18; 2007‑348, s. 41(c); 2008‑213, ss. 29(a), 90.)