FSBPT DEFERS RATE INCREASE
The FSBPT, which had announced an NPTE rate increase would take place on January 1, 2013, has delayed the implementation of the rate increase until January 1, 2014. The NPTE fee was to be increased to $400. It will now stay at $370 for one more year.
The FSBPT gave several reasons for delaying the fee increase. Most interesting was their projection that NPTE filings would decrease in the upcoming years. FSBPT predicts that the increase in NPTE volume will shrink to 3% per year. FSBPT previously expected a 5% annual increase in NPTE volume.