North Carolina General Statutes Chapter 105. Taxation § 105-262. Rules

(a) Authority.--The Secretary of Revenue may adopt rules needed to administer a tax collected by the Secretary or to fulfill another duty delegated to the Secretary.G.S. 150B-1 and Article 2A of Chapter 150B of the General Statutes set out the procedure for the adoption of rules by the Secretary.

(b) Repealed by S.L. 2012-43, § 1, eff. June 20, 2012; S.L. 2012-79, § 1.14(d), eff. June 26, 2012.

(c) Fiscal Note.--The Secretary must ask the Office of State Budget and Management to prepare a fiscal note for a proposed new rule or a proposed change to a rule that has a substantial economic impact, as defined in G.S. 150B-21.4(b1). The Secretary shall not take final action on a proposed rule change that has a substantial economic impact until at least 60 days after the fiscal note has been prepared.