BRIEF DESCRIPTION: The Department of Commerce, Community, and Economic Development proposes to add fees for Appraisal Management Companies, to implement amendments to AS 08.87 enacted under Chapter 67, SLA 2018 (SB155).
The Department of Commerce, Community, and Economic Development (Department) proposes to adopt regulation changes in Title 12, Chapter 02 of the Alaska Administrative Code, dealing with occupational licensing fees, including the following:
12 AAC 02.370. Board of Certified Real Estate Appraisers, is proposed to add fees for Appraisal Management Company (AMC) registration, and appraiser federal registration.
Under AS 08.01.065, the Department must establish fee levels so that the total amount of fees collected for an occupation approximately equals the actual regulatory costs for the occupation.
You may comment on the proposed regulation changes, including the potential costs to private persons of complying with the proposed changes, by submitting written comments to Sher Zinn, Regulations Specialist, Division of Corporations, Business and Professional Licensing, P.O. Box 110806, Juneau, AK 99811-0806. Additionally, the Department will accept comments by facsimile at (907) 465-2974 and by electronic mail at RegulationsAndPublicComment@alaska.gov. Comments may also be submitted through the Alaska Online Public Notice System by accessing this notice on the system at http://notice.alaska.gov/192259, and using the comment link. The comments must be received not later than 5:00 p.m. on January 2, 2019.
You may submit written questions relevant to the proposed action to Sher Zinn, Regulations Specialist, Division of Corporations, Business and Professional Licensing, P.O. Box 110806, Juneau, AK 99811-0806 or by e-mail at RegulationsAndPublicComment@alaska.gov. The questions must be received at least 10 days before the end of the public comment period. The Department will aggregate its response to substantially similar questions and make the questions and responses available on the Department’s website at https://www.commerce.alaska.gov/web/cbpl/ProfessionalLicensing/RealEstateAppraisers.aspx or on the Alaska Online Public Notice System. The Department may, but is not required to, answer written questions received after the 10-day cut-off date and before the end of the comment period.
If you are a person with a disability who needs a special accommodation in order to participate in this process, please contact Sher Zinn at (907) 465-1049 or RegulationsAndPublicComment@alaska.gov not later than December 26, 2018, to ensure that any necessary accommodations can be provided.
A copy of the proposed regulation changes is available on the Alaska Online Public Notice System and by contacting Sher Zinn at (907) 465-1049 or RegulationsAndPublicComment@alaska.gov, or go to https://www.commerce.alaska.gov/web/portals/5/pub/APR-Fees-1118.pdf.
After the public comment period ends, the Department will either adopt the proposed regulation changes or other provisions dealing with the same subject, without further notice, or decide to take no action. The language of the final regulation may be different from that of the proposed regulation. You should comment during the time allowed if your interests could be affected. Written comments and questions received are public records and are subject to public inspection.
Statutory Authority: AS 08.01.062; AS 08.01.065; AS 08.87.110; AS 08.87.120; AS 08.87.135;
AS 08.87.310.
Statutes Being Implemented, Interpreted, or Made Specific: AS 08.01.062; AS 08.01.065; AS 08.87.110; AS 08.87.120; AS 08.87.135; AS 08.87.310.
Fiscal Information: The proposed regulation changes are not expected to require an increased appropriation.
DATE: 12/3/2018
Sher Zinn, Regulations Specialist
Division of Corporations, Business and Professional Licensing
For each occupation regulated under the Division of Corporations, Business and Professional Licensing, the Division keeps a list of individuals or organizations who are interested in the regulations of that occupation. The Division automatically sends a Notice of Proposed Regulations to the parties on the appropriate list each time there is a proposed change in an occupation's regulations in Title 12 of the Alaska Administrative Code. If you would like your address added to or removed from such a list, send your request to the Division at the address above, giving your name, either your e-mail address or mailing address (as you prefer for receiving notices), and the occupational area in which you are interested.
ADDITIONAL REGULATION NOTICE INFORMATION
(AS 44.62.190(d))
1. Adopting agency: Department of Commerce, Community, and Economic Development - Division of
Corporations, Business and Professional Licensing.
2. General subject of regulation: Occupational licensing fees.
3. Citation of regulation: 12 AAC 02.370.
4. Department of Law file number: To be assigned.
5. Reason for the proposed action: Compliance with state statute.
6. Appropriation/Allocation: Corporations, Business and Professional Licensing - #2360.
7. Estimated annual cost to comply with the proposed action to:
A private person: Costs of $500 non-refundable application fee, $700 biennial license and renewal
fees for appraisal management companies, $250 fee for change of personnel associated with the
appraisal management company, $25 federal mandated registry fee for each appraiser on the
appraiser panel.
Another state agency: None known.
A municipality: None known.
8. Cost of implementation to the state agency and available funding (in thousands of dollars): No
costs are expected in FY 2019 or in subsequent years.
9. The name of the contact person for the regulation:
Sher Zinn, Regulations Specialist
Division of Corporations, Business and Professional Licensing
Department of Commerce, Community, and Economic Development
Telephone: (907) 465-1049
E-mail: RegulationsAndPublicComment@alaska.gov
10. The origin of the proposed action: Division of Corporations, Business and Professional Licensing.
11. Date: 12/3/2018
Prepared by: Sher Zinn, Regulations Specialist
(907) 465-1049