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