(On Behalf of the Budget Division of the
Department of Administration)
March 20, 1997
____________
Referred to Committee on Finance
SUMMARY--Revises provisions governing deposit and use of certain examination fees received by real estate division of department of business and industry. (BDR 54-1448)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: No.
EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.
AN ACT relating to the real estate division of the department of business and industry; revising provisions governing the deposit and use of certain examination fees received by the division; making an appropriation; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1 NRS 645.140 is hereby amended to read as follows:
645.140 1. Except as otherwise provided in this section, all fees, penalties and charges received by the division pursuant to NRS 645.410, 645.660 and 645.830 must be deposited with the state treasurer for credit to the state general fund. The fees received by the division [from] :
(a) From the sale of publications , must be retained by the division to pay the costs of printing and distributing publications . [, and any]
(b) For examinations, must be retained by the division to pay the costs of the administration of examinations.
Any surplus of the fees retained by the division must be deposited with the state treasurer for credit to the state general fund.
2. Money for the support of the division must be provided by direct legislative appropriation, and be paid out on claims as other claims against the state are paid.
[2.] 3. Each member of the commission is entitled to receive:
(a) A salary of not more than $80 per day, as fixed by the commission, while engaged in the business of the commission; and
(b) A per diem allowance and travel expenses at a rate fixed by the commission, while engaged in the business of the commission. The rate must not exceed the rate provided for state officers and employees generally.
[3.] 4. While engaged in the business of the commission, each employee of the commission is entitled to receive a per diem allowance and travel expenses at a rate fixed by the commission. The rate must not exceed the rate provided for state officers and employees generally.
Sec. 2 NRS 645C.240 is hereby amended to read as follows:
645C.240 1. Except as otherwise provided in subsections 2 and 3, all fees, penalties and other charges received by the division pursuant to this chapter must be deposited with the state treasurer for credit to the state general fund.
2. Fees received [from] by the division:
(a) From the sale of publications , must be retained by the division to pay the costs of printing and distributing publications.
(b) For examinations, must be retained by the division to pay the costs of the administration of examinations.
Any surplus of the fees retained by the division must be deposited with the state treasurer for credit to the state general fund.
3. The portion of the fees collected by the division pursuant to NRS 645C.450 for the issuance or renewal of a certificate or license as a residential appraiser or the issuance or renewal of a certificate as a general appraiser which is used for payment of the registry fee to the Financial Institutions Examination Council pursuant to 12 U.S.C. § 3338, must be retained by the division for payment to the Financial Institutions Examination Council.
4. Money for the support of the division in carrying out the provisions of this chapter must be provided by direct legislative appropriation and be paid out on claims as other claims against the state are paid.
Sec. 3 1. There is hereby appropriated from the state general fund to the real estate division of the department of business and industry the sum of $13,607 for costs related to the administration of examinations.
2. Any remaining balance of the appropriation made by subsection 1 must not be committed for expenditure after June 30, 1997, and reverts to the state general fund as soon as all payments of money committed have been made.
Sec. 4 1. This section and section 3 of this act become effective upon passage and approval or on June 30, 1997, whichever occurs earlier.
2. Sections 1 and 2 of this act become effective on July 1, 1997.