Legal professionals and entities operating under the Federal Communications Commission (FCC) must be aware of the upcoming deadline for the payment of regulatory fees. The FCC, in a Public Notice released on August 28, 2023, announced that the deadline for fee payments by licensees and other regulatees is September 20, 2023.
The Commission Registration System (CORES) is now open for the payment of the fiscal year 2023 regulatory fees. The FCC collects these annual regulatory fees from the majority of federal licensees and other regulated entities. This is part of the FCC’s efforts to offset costs associated with its enforcement, public service, policy, and rulemaking activities.
Staying current with these fees is imperative for entities under FCC regulation, as a failure to meet this crucial deadline could result in penalties or late fees. It’s important to remember that such diligence is not only required by law but is also a significant aspect of responsible corporate conduct.
Entities needing extra assistance or guidance with the payment process may want to seek help from legal firms experienced in FCC regulations, such as Kelley Drye & Warren LLP, which broke the news of this upcoming deadline. Staying on top of such payment deadlines can assist businesses in maintaining compliance and avoiding potential complications in the future.