Regulatory boards; adjustment of fees. (HB1939)

Introduced By

Del. Michael Webert (R-Marshall)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Department of Professional and Occupational Regulation; adjustment of fees by regulatory boards; distribution of excess fees to regulants. Provides that following the close of any biennium, when the account for any regulatory board within the Department of Professional and Occupational Regulation shows that moneys collected on behalf of the regulatory board exceed 20 percent or $100,000, whichever is greater, of the expenses allocated to the regulatory board for the past biennium, the regulatory board shall (i) reduce the fees levied by it for certification, licensure, registration, or permit and renewal thereof so that the fees are sufficient but not excessive to cover expenses and (ii) distribute all unspent or unencumbered revenue in excess of such limits to current regulants of the board. Under current law, these boards are required to adjust their fees when their account shows expenses allocated to it for the past biennium to be more than 10 percent greater or less than moneys collected on behalf of the board. Current law does not require the boards to distribute excess funds to regulants. Amends § 54.1-113, of the Code of Virginia. Read the Bill »

Status

01/06/2019: Awaiting a Vote in the General Laws Committee

History

DateAction
01/06/2019Committee
01/06/2019Prefiled and ordered printed; offered 01/09/19 19101681D
01/06/2019Referred to Committee on General Laws

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