September 6, 2005, Introduced by Senators BARCIA and GOSCHKA and referred to the Committee on Banking and Financial Institutions.
A bill to amend 1979 PA 152, entitled
"State license fee act,"
by amending section 11 (MCL 338.2211), as amended by 2003 PA 87.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 11. (1) Fees for a person certified, registered, or
licensed or seeking certification, registration, or licensure to
engage in the practice of public accounting, under article 7 of the
occupational code, MCL 339.720 to 339.736, are as follows:
(a)
Application processing fee.......................... $ 35.00
(b)
License to practice and registration of certificate, per
year
as follows:
(i) If paid through September 30, 2003
or
after
September 30, 2007..................................... 25.00
(ii) Beginning October 1, 2003 through
September 30, 2007........................................... 40.00
(c)
Registration:
(i) Individual's registration of certificate,
per
year as follows:
(A)
If paid through September 30,
2003 or
after
September 30, 2007 .................................... 10.00
(B)
Beginning October 1, 2003 through
September 30, 2007 .......................................... 15.00
(ii) Firm or corporation , per year as follows:
(A)
If paid through September 30,
2003 or
after
September 30,2007 ..................................... 25.00
(B)
Beginning October 1, 2003 through
September 30, 2007........................................... 35.00
(iii) Each branch office, per year ...................... 25.00
(d)
Permit for temporary practice ...................... 15.00
(a) Application processing fee for individuals and
firms ........................................................ $100.00
(b) License to practice for individuals and firms,
per year...................................................... 100.00
(c) Individual registration, per year..................... 25.00
(d) Permit for temporary practice, per year.............. 100.00
(e) Peer review fee...................................... 100.00
(2) The accountancy enforcement fund is created in the state
treasury and shall be administered by the department. Beginning
October 1, 2005, the money representing the increase in fees and
the addition of the peer review fee imposed in subsection (1) shall
be deposited into the accountancy enforcement fund. The department
shall utilize the accountancy enforcement fund for the enforcement
of article 7 of the occupational code, MCL 339.720 to 339.736,
regarding unlicensed activity, licensee and registrant disciplinary
actions, and the peer review program conducted by the state board
of accountancy and to reimburse the attorney general for expenses
incurred in conducting prosecutions of any unlicensed practice and
disciplinary actions. A reasonable amount of money in the fund may
be used for expenses regarding board participation in national
accounting organizations essential to the regulation of certified
public accountants, as determined and approved by the department.
Any unexpended balance in the accountancy enforcement fund at the
end of a fiscal year shall carry forward to the next fiscal year.