State Codes and Statutes
Statutes > Maryland > Business-regulation > Title-2 > 2-106-4§ 2-106.4. Calculation of fees.
(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.
[2005, ch. 399.]
