Calculation of fees for Board of Public Accountancy

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    (a)    In this section, “Board” means the State Board of Public Accountancy.

    (b)    In consultation with the Board, the Secretary shall annually calculate the direct and indirect costs attributable to the Board.

    (c)    Beginning on July 1, 2008, the Board shall establish fees based on the calculations provided by the Secretary under this section.

    (d)    Each fee established by the Board may not be increased annually by more than 12.5% of the existing and corresponding fee of the Board.


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