128th MAINE LEGISLATURE
LD 1349 LR 1207(03)
An Act Regarding the Licensure of Appraisal Management Companies
Fiscal Note for Bill as Engrossed with:
C "A" (H-467)
Committee: Labor, Commerce, Research and Economic Development
             
Fiscal Note
Minor cost increase - Other Special Revenue Funds
Minor revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
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 licensing 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 licensing and renewal fees can not be determined but is expected to be minor.