272.10 - FEES.
272.10 FEES.
1. It is the intent of the general assembly that licensing fees
established by the board of educational examiners be sufficient to
finance the activities of the board under this chapter.
2. Licensing fees are payable to the treasurer of state and shall
be deposited with the executive director of the board. The executive
director shall deposit twenty-five percent of the fees collected
annually with the treasurer of state and the fees shall be credited
to the general fund of the state. The remaining licensing fees
collected during the fiscal year shall be retained by and are
appropriated to the board for the purposes related to the board's
duties. Notwithstanding section 8.33, licensing fees retained by and
appropriated to the board pursuant to this section that remain
unencumbered or unobligated at the close of the fiscal year shall not
revert but shall remain available for expenditure for the activities
of the board as provided in this chapter until the close of the
succeeding fiscal year.
3. The executive director shall keep an accurate and detailed
account of fees received, including fees paid to the treasurer of
state and fees retained by the board.
4. The board shall submit a detailed annual financial report by
January 1 to the chairpersons and ranking members of the joint
appropriations subcommittee on education and the legislative services
agency. Section History: Early Form
[S13, § 2634-f1; C24, 27, 31, § 3867; C35, § 3872-e6; C39, §
3872.06; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §
260.10] Section History: Recent Form
86 Acts, ch 1245, § 1446; 89 Acts, ch 265, § 11
C93, § 272.10
2006 Acts, ch 1180, §23 Footnotes
Transfer of funds to department of education to be used during FY
2009-2010 to supplement moneys allocated for beginning teacher
mentoring and induction program; 2009 Acts, ch 177, §9, 48