The Department of Licensing (DOL) regulates and issues licenses for a number of businesses and professions, including architects, landscape architects, embalmers, funeral directors, the Funeral and Cemetery Board, certified real estate appraisers, geologists, and appraisal management companies. The receipts from licenses, registrations, certifications, and other fees for these professions are currently collected under the following six accounts administered by the DOL:
The Business and Professions Account (Account) is also administrated by the DOL. It is used only for expenses incurred in carrying out certain business and professions licensing activities of the DOL. Receipts from business or professional licenses, registrations, certifications, renewals, examinations, or civil penalties assessed and collected by the DOL are deposited into the Account. The following professions are required to use the Account:
The six accounts administrated by the DOL are repealed and their existing fund balances are transferred to the Business and Professions Account. The related businesses and professions are added to the list of professions for which all receipts from licenses and other fees must be deposited into the Business and Professions Account. The Department of Licensing is directed to report annually on expenditures and revenues for each of the professions that use the Business and Professions Account. The first report is due on September 30, 2026.