PUBLIC Law Chapter 654

	3-C.__The administrator may adjust the volume fees set out in
subsections 2, 3 and 3-B by rule not more frequently than
annually.__In setting the fees, the administrator shall consider
the reasonable costs of regulation of all aspects of such
transactions and the staffing levels required to administer the
responsibilities of the Office of Consumer Credit Regulation.__
The fee assessed pursuant to subsections 2 and 3 may not exceed
$25 per $100,000, and the fee assessed pursuant to subsection 3-B
may not exceed $20 per $100,000.__Rules adopted pursuant to this
subsection are routine technical rules as defined in Title 5,
chapter 375, subchapter 2-A.

Sec. 3. Report. The Department of Professional and Financial
Regulation, Office of Consumer Credit Regulation shall review the
various license and registration fees assessed by the office and
make recommendations on how to assess those fees in an equitable
manner. The recommendations must be submitted to the joint
standing committee of the Legislature having jurisdiction over
insurance and financial services matters and the joint standing
committee of the Legislature having jurisdiction over business,
research and economic development matters on or before January 5,
2005. Nothing in this section prohibits the Director of the
Office of Consumer Credit Regulation from adjusting volume fees
pursuant to the Maine Revised Statutes, Title 9-A, section 6-203,
subsection 3-C prior to a review under this section.

Amendments	Public Hearing Schedule	Committee Information
Committee List	Work Session Schedule	Title & Section

	Search Bill Text	Legislative Information
Bill Directory	Search Bill Status	Session Information
119th Legislature Bills	Search Bill Status	Maine Legislature

Office of Legislative Information 100 State House Station Augusta, ME 04333		voice: (207) 287-1692 fax: (207) 287-1580 tty: (207) 287-6826
Word Viewer for Windows		Disclaimer