2016 Maryland Code
Business Regulation
Title 2 - Department of Labor, Licensing, and Regulation
§ 2-106.4. Calculation of fees

MD Bus Reg Code § 2-106.4 (2016) What's This?

(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.

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