The Business and Professions Account (account) was created in 2005. Receipts from business or professional licenses, registrations, certifications, renewals, examinations, or civil penalties assessed and collected by the Department of Licensing are deposited into the account. The following professions are required to use the account:
The list of professions that are required to deposit receipts from business or professional licenses, registrations, certifications, renewals, examinations, or civil penalties assessed and collected by the Department of Licensing into the account is expanded to include the following professions:
The following accounts are repealed:
Any residual amounts remaining in the repealed accounts as of December 31, 2025, will be transferred to the Business and Professions Account. The transfer will be made by the state treasurer once the Office of Financial Management has completed the financial statement for fiscal year 2025.