LICENSE FEE ACT; EXTEND SUNSETS H.B. 4993:
SUMMARY AS ENROLLED
Sponsor: Representative Phil Skaggs
House Committee: Appropriations
Senate Committee: Appropriations
CONTENT
The bill would amend the State License Fee Act to extend the sunset of various application, registration, and license fees paid by individuals or entities seeking licensure or registration for certain professions regulated under the Act. These fees were last increased in 2019. Under current law, those increases would be rolled back on September 30, 2023. The bill would extend this sunset until September 30, 2027, maintaining current fee levels.
FISCAL IMPACT
The bill would have a positive fiscal impact on the Department of Licensing and Regulatory Affairs and no fiscal impact on local units of government. The extension of the current fees would preserve an estimated $1.5 million in revenue each year through 2023. The revenue from these fees is deposited into the Licensing and Regulation Fund and is used to offset costs related to the licensing and enforcement of regulated professions. If the sunset is not extended, the Department will face a shortfall in revenue of approximately $1.5 million required to operate these programs.
Fiscal Analyst: Elizabeth Raczkowski
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.