The Board proposes the rule amendment to increase the fee for the biennial registry for licensed and certified appraisers.

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Florida Real Estate Appraisal Board

Rule No. : RULE TITLE :
61J1-2.001: Fees
PURPOSE AND EFFECT: The Board proposes the rule amendment to increase the fee for the biennial registry for licensed and certified appraisers.
SUMMARY: The fee for biennial registry for licensed and certified appraisers will be increased to cover increase from the Appraisal Subcommittee.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: A Statement of Estimated Regulatory Cost was prepared. The Board has determined that the proposed rule will not have an adverse impact on small business, nor will the proposed rule likely increase regulatory costs, including transactional costs, in excess of $1 million in the aggregate within 5 years after implementation of the rule. Additionally, it has been determined that the rule does not meet the threshold for ratification by the Legislature. The following is a summary of the SERC:
• An estimated total of 8,850 individual appraisers will be affected by the rule amendment.
• There will be no additional cost to the department for implementing the proposed rule.
• There will be no cost to any other state and local government entities of implementing the proposed rule.
• Analysis of impact on small business: 8,850 individual appraisers will pay $15.00 per year ($30.00 for biennial registry fees) for a total of $132,750 annually.
• No small county or small city will be impacted by the proposed rule.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
RULEMAKING AUTHORITY: 475.614 FS.
LAW IMPLEMENTED: 215.34, 455.217, 455.2281, 455.271(6)(b), 475.6147, 475.615, 475.618 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAW.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Juana Watkins, Acting Director, Division of Real Estate, 400 West Robinson Street, Hurston Building, North Tower, Suite N801, Orlando, Florida 32801

THE FULL TEXT OF THE PROPOSED RULE IS:

61J1-2.001 Fees.

(1) through (6) No change.
(7) Biennial Registry fee for licensed and certified appraisers as required by the Appraisal Subcommittee.	$80.00 $50.00
(8) through (15) No change.

Rulemaking Specific Authority 475.614 FS. Law Implemented 215.34, 215.405, 455.217, 455.2281, 455.271(6)(b), 475.6147, 475.615, 475.618 FS. History–New 10-15-91, Amended 6-7-92, 5-6-93, Formerly 21VV-2.001, Amended 9-22-93, 7-5-94, 5-22-95, 8-20-96, 11-11-97, 10-1-98, 10-29-98, 1-7-99, 11-15-99, 11-10-03, 2-21-06, 9-21-06, 12-4-06, 3-13-07,________.

NAME OF PERSON ORIGINATING PROPOSED RULE: Florida Real Estate Appraisal Board
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Florida Real Estate Appraisal Board
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: January 10, 2011
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: December 23, 2010