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128th MAINE LEGISLATURE |
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LD 1349 |
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LR 1207(01) |
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An Act Regarding
the Registration of Appraisal Management Companies |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Fecteau of Biddeford |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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Minor cost increase - Other Special Revenue Funds
Minor revenue increase - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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Additional costs
to the Board of Real Estate Appraisers within the Office of Professional and
Occupational Regulation, Department of Professional and Financial Regulation,
for rulemaking and other administrative functions associated with
establishing a registration requirement for appraisal management companies
can be absorbed within existing budgeted resources. The amount of dedicated revenue to be
received by the board from initial registration and renewal fees can not be
determined but is expected to be minor. |
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