Unannotated Code of Maryland (Last Updated: May 16, 2014) |
BUSINESS REGULATION |
TITLE 2. DEPARTMENT OF LABOR, LICENSING, AND REGULATION |
§ 2-106.4. Calculation of fees
Latest version.
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(a) "Commission" defined. -- In this section, "Commission" means the State Real Estate Commission.
(b) Annual calculation of Commission's costs. -- In consultation with the Commission, the Secretary shall annually calculate the direct and indirect costs attributable to the Commission.
(c) Fees to be based on costs. -- Beginning on July 1, 2007, the Commission shall establish fees based on the calculations provided by the Secretary under this section.
(d) Limitation on annual increases in fees. -- 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.