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§ 2-106.8. Fees of Commission based on direct and indirect costs

West's Annotated Code of MarylandBusiness RegulationEffective: July 1, 2012

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 2. Maryland Department of Labor (Refs & Annos)
Effective: July 1, 2012
MD Code, Business Regulation, § 2-106.8
§ 2-106.8. Fees of Commission based on direct and indirect costs
Commission defined
(a) In this section, “Commission” means the State Commission of Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors.
Calculation of direct and indirect costs
(b) In consultation with the Commission, the Secretary shall calculate annually the direct and indirect costs attributable to the Commission.
Fees based on cost calculations
(c) Beginning on July 1, 2011, the Commission shall establish fees based on the calculations provided by the Secretary under this section.
Restriction on fee increases
(d) Each fee established by the Commission may not be increased annually by more than 12.5% of the existing and corresponding fee of the Commission.
Fees set to produce funds for cost of regulation profession
(e) The fees established for each profession regulated under Title 16 of the Business Occupations and Professions Article shall be set so as to produce funds to approximate the cost of regulating each profession.


Added by Acts 2011, c. 269, § 1, eff. July 1, 2011; Acts 2011, c. 270, § 1, eff. July 1, 2011. Amended by Acts 2012, c. 366, § 1, eff. July 1, 2012.
MD Code, Business Regulation, § 2-106.8, MD BUS REG § 2-106.8
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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