Md. Code Ann., Bus. Reg. § 2-106.16
Direct and indirect costs calculated under Title 8.5 of the Business Regulations Article
Effective Jul 1, 2024Added by Acts 2024, c. 565, § 1, eff. July 1, 2024; Acts 2024, c. 566, § 1, eff. July 1, 2024.State of Maryland
- (a) The Secretary shall annually calculate the direct and indirect costs attributable to the Department under Title 8.5 of this article.
- (b) The Department shall establish fees based on the calculations provided by the Secretary under this section.
- (c) Each fee established by the Department under Title 8.5 of this article may not be increased annually by more than 12.5% of the existing and corresponding fees of the Department under Title 8.5 of this article.
Added by Acts 2024, c. 565, § 1, eff. July 1, 2024; Acts 2024, c. 566, § 1, eff. July 1, 2024.