08 NCAC 21 .0204             inactive Status for a candidate or committee

(a)  If no contribution is received or expenditure made by or on behalf of a candidate, political committee or referendum committee during a period described in G.S. 163-278.9, G.S. 163-278.9A or Part 2 of Article 22A, the treasurer shall file the following with the board of elections:

(1)           A report that shows no contribution received or expenditure made during the period described in G.S. 163-278.9, G.S. 163-278.9A or Part 2 of Article 22A; and

(2)           A signed certification that the candidate, political committee or referendum committee will receive no contributions and make no expenditures while inactive and will resume reporting when activity resumes.

(b)  The signed certification in Subparagraph (a)(2) of this Rule shall be filed within 15 calendar days of filing a qualifying report under Subparagraph (a)(1) of this Rule.

(c)  Immediately after receiving a contribution or making an expenditure, the treasurer shall be responsible for filing the next report required by G.S. 163-278.9, G.S. 163-278.9A or Part 2 of Article 22A by the statutory due date. Any committee receipt, debt or expenditure which would have been required to be reported on an earlier report but for the committee's inactive status shall be included in the next report required after activity resumes. Within 10 calendar days of receiving a contribution or making an expenditure, the treasurer shall file a certification with the board of elections notifying the board of the change in status.

(d)  The disclosure of de minimis bank fees and postage for mailing reports to the board of elections shall not prohibit a committee from qualifying for inactive status under Paragraph (a) of this Rule.

History Note:        Authority G.S. 163-278.21 and G.S. 163-278.10;

Eff. September 1, 2025.