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TITLE 812 INDIANA AUCTIONEER COMMISSION

Notice of Public Hearing
LSA Document #08-758


Notice of Public Hearing

Under IC 4-22-2-24, notice is hereby given that on April 15, 2009, at 10:20 a.m., at the Indiana Professional Licensing Agency, Indiana Government Center South, 402 West Washington Street, Room W064, Indianapolis, Indiana, the Indiana Auctioneer Commission will hold a public hearing on proposed amendments concerning fees charged by the commission, including fees for application, issuance, and renewal of auctioneer licenses, auction house licenses, and auctioneer company licenses, examination for licensure to practice as an auctioneer, reciprocal applicants, duplicate licenses and pocket cards, certification of licensure, and licensure reinstatement.
The Indiana Auctioneer Commission has the authority to promulgate rules in accordance with IC 4-22-2 to enforce and administer IC 25-6.1, including establishing fees. The proposed rule implements changes in accordance with P.L.23-2003 (HEA 1176), and P.L.194-2005 (SEA 139). This proposed rule will impose costs on the regulated entities. Fees for auctioneers, auction houses, and auction companies licenses have, up until July 1, 2005, been set by statute. P.L.194-2005 (SEA 139) allows the Commission set their licensing fees in their rules. The Commission is keeping its licensing and examination fees the same. The agency determined that estimated annual revenue to be generated by this rulemaking action is approximately $18,235. There are approximately 2,797 auctioneers, 192 auction houses, and 246 auction companies. The estimated annual impact is based on the number of applicants for licensure that the Commission received in 2008, which included the following:
• 145 auctioneer applicants × $35 examination fee = $5,075
• 122 auctioneer applicants × $70 application fee = $8,540
• 39 auction house applicants × $70 application fee = $2,730
• 27 auction company applicants × $70 application fee = $1,890
The revenue generated from renewals of the Commission's licensees from March 1, 2004, through February 28, 2008, is as follows:
• 2,901 auctioneers × $70 renewal fee = $203,070
• 159 auction houses × $70 renewal fee = $11,130
• 249 auction companies × $70 renewal fee = $17,430
The Commission has not relied on any studies in reaching these estimates.
Copies of these rules are now on file at the Indiana Government Center South, 402 West Washington Street, Room W072 and Legislative Services Agency, One North Capitol, Suite 325, Indianapolis, Indiana and are open for public inspection.

Frances L. Kelly
Executive Director
Indiana Professional Licensing Agency

Posted: 02/25/2009 by Legislative Services Agency

DIN: 20090225-IR-812080758PHA
Composed: May 04,2024 4:37:45AM EDT
A PDF version of this document.