200 KAR 30:040reg. Fees

      Section 1. Application and Renewal Fees. (1) The fee for initial registration with the Kentucky Office[Division] of Occupations and Professions as an athlete agent shall be $300.

      (2) The registration renewal fee shall be paid as of March 31 of each year.

      (a) The renewal fee for registration as an athlete agent shall be $100[if paid by March 31].

      (b)[The late renewal fee during a sixty (60) day grace period after March 31 shall be $150.

      (c) The late renewal fee after the sixty (60) day grace period, but during a one (1) year period after March 31, shall be $200.

      (d)] The office[division] shall[:

      1.] revoke a registration not renewed on or before[within one (1) year of] March 31[; and

      2. Reinstate the registration upon:

      a. Satisfaction of all requirements necessary for an initial applicant; and

      b. Payment of a reinstatement fee of $300].

 

      Section 2. Verification of Registration Fee. The fee for a verification of a registration shall be fifteen (15) dollars.

 

WILLIAM L. BROWN, Executive Director

      APPROVED BY AGENCY: May 12, 2016

      FILED WITH LRC: May 13, 2016 at 9 a.m.

      PUBLIC HEARING AND PUBLIC COMMENT PERIOD: A public hearing on this administrative regulation shall be held on Wednesday, June 29, 2016 at 9:00 p.m., local time, at the Kentucky Office of Occupations and Professions, 911 Leawood Drive, Frankfort, Kentucky 40601. Individuals interested in being heard at this hearing shall notify this agency in writing five (5) workdays prior to the hearing of their intent to attend. If no notification of intent to attend the hearing is received in writing five (5) workdays prior to the hearing date, the hearing may be canceled. This hearing is open to the public. Any person who wishes to be heard will be given an opportunity to comment on the proposed administrative regulation. A transcript of the public hearing will not be made unless a written request for a transcript is made in writing five (5) workdays prior to the hearing. If you do not wish to be heard at the public hearing, you may submit written comments on the proposed administrative regulation. Written comments shall be accepted until the end of day Thursday, June 30, 2016. Send written notification of intent to be heard at the public hearing or written comments on the proposed administrative regulation to the contact person.

      CONTACT PERSON: John Marcus Jones, Board Counsel, Office of the Attorney General, 700 Capital Avenue, Suite 118, Frankfort, Kentucky 40601, phone [phone], fax [phone].

 

REGULATORY IMPACT ANALYSIS AND TIERING STATEMENT

 

Contact Person: John Marcus Jones

      (1) Provide a brief summary of: Establishes the fees for applying for a certificate of registration to act as an athlete agent in the Commonwealth of Kentucky under the Uniform Athlete Agents Act.

      (a) What this administrative regulation does: This administrative regulation restates the fees and procedure for paying fees for a certificate of registration to act as an athlete agent in the Commonwealth of Kentucky under the Uniform Athlete Agents Act.

      (b) The necessity of this administrative regulation: This administrative regulation is necessary to set uniform fees and procedures for paying the fees required for applying for a certificate of registration to act as an athlete agent in the Commonwealth of Kentucky under the Uniform Athlete Agents Act.

      (c) How does this administrative regulation conform to the content of the authorizing statutes? KRS 164.6905(3) authorizes the Office to promulgate regulations necessary to carry out the provisions of KRS 164.6901 to 164.6935. KRS 164.6907 requires an individual to apply for and hold a certificate of registration to act as athlete agent in the Commonwealth of Kentucky. KRS 164.6911 requires registered athlete agents to renew registration annually. KRS 164.6915 establishes the application and renewal fees.

      (d) How this administrative regulation currently assists or will assist in the effective administration of the statutes: This administrative regulation establishes uniform procedures for paying fees for applying for a certificate of registration to act as an athlete agent in the Commonwealth of Kentucky under the Uniform Athlete Agents Act.

      (2) If this is an amendment to an existing administrative regulation, provide a brief summary of:

      (a) How the amendment will change this existing administrative regulation: The amendment will update the procedures for paying fees for a certificate of registration to match those listed in the current statutes enacted by the General Assembly.

      (b) The necessity of the amendment to this administrative regulation: The amendment is necessary to update the fee payment procedures listed in the regulations to match the terms stated in the current statute KRS 164.6907, KRS 164.6911, and KRS 164.6915. The regulations were drafted in 1999, and new statutory terms were added in 2003 through 2010.

      (c) How the amendment conforms to the content of the authorizing statutes: KRS 164.6905(3) authorized the Office to promulgate regulations to carry out the provisions of KRS 164.6901 to 164.6935.

      (d) How the amendment will assist in the effective administration of the statutes: The amendment will update the procedure for paying fees required for applying for a certificate of registration to act as an athlete agent in the Commonwealth of Kentucky. The amendment will update the regulations to match the current statute KRS 164.6907, 164.6911, and 164.6915.

      (3) List the type and number of individuals, businesses, organizations, or state and local governments affected by this administrative regulation: An estimated 50 persons will seek a certificate of registration to act as an athlete agent within the next fiscal year, this regulation will also continue as new applicants seek certificates of registration.

      (4) Provide an analysis of how the entities identified in question (3) will be impacted by either the implementation of this administrative regulation, if new, or by the change, if it is an amendment, including:

      (a) List the actions that each of the regulated entities identified in question (3) will have to take to comply with this administrative regulation or amendment: Registered agents will be required to use the application procedures and terms listed in the regulations.

      (b) In complying with this administrative regulation or amendment, how much will it cost each of the entities identified in question (3): The Office does not anticipate any cost to the applicants and registrants affected by the regulation other than the fees established in KRS 164.6915.

      (c) As a result of compliance, what benefits will accrue to the entities identified in question (3): Applicants and registrants will have uniform application procedures in the Uniform Athlete Agents Act and its regulations.

      (5) Provide an estimate of how much it will cost the administrative body to implement this administrative regulation:

      (a) Initially: The budget for the Office is $38,000 annual. It will not cost the administrative body any additional funds to implement this administrative regulation.

      (b) On a continuing basis: The budget for the Office is estimated to continue to have a budget of $38,000 annual. It will not cost the administrative body any additional funds to implement this administrative regulation.

      (6) What is the source of the funding to be used for the implementation and enforcement of this administrative regulation: The office’s operation is funded by fees paid by the registered athlete agents and applicants for new registrations.

      (7) Provide an assessment of whether an increase in fees or funding will be necessary to implement this administrative regulation, if new, or by the change if it is an amendment: No increase in fees or funding is necessary to implement this administrative regulation change.

      (8) State whether or not this administrative regulation established any fees or directly or indirectly increased any fees: This administrative regulation does not establish fees. The fees assessed to applicants for registration and renewals are established in KRS 164.6915.

      (9) Tiering: Is tiering applied? No. Tiering is not applied because the procedures for application as a registered athlete agent will apply to all applicants for registration as an athlete agent equally.

 

FISCAL NOTE ON STATE OR LOCAL GOVERNMENT

 

      1. What units, parts or divisions of state or local government (including cities, counties, fire departments, or school districts) will be impacted by this administrative regulation?

The Office of Occupations and Professions is the administrative body regulating the Uniform Athlete Agents Act pursuant to KRS 164.6905.

      2. Identify each state or federal statute or federal regulation that requires or authorizes the action taken by the administrative regulation. KRS 164.6905(1), 164.6905(3), KRS 164.6915.

      3. Estimate the effect of this administrative regulation on the expenditures and revenues of a state or local government agency (including cities, counties, fire departments, or school districts) for the first full year the administrative regulation is to be in effect. This administrative regulation will not have any effect on the expenditures and revenues of state and local government.

      (a) How much revenue will this administrative regulation generate for the state or local government (including cities, counties, fire departments, or school districts) for the first year? The revenue generated will depend on the number of applicants for registration for the year.

      (b) How much revenue will this administrative regulation generate for the state or local government (including cities, counties, fire departments, or school districts) for subsequent years? The revenue will depend on the number of applicants for registration for the subsequent years.

      (c) How much will it cost to administer this program for the first year? None

      (d) How much will it cost to administer this program for subsequent years? None

      Note: If specific dollar estimates cannot be determined, provide a brief narrative to explain the fiscal impact of the administrative regulation.

      Revenues (+/-): N/A

      Expenditures (+/-): N/A

      Other Explanation: N/A

Notation

      RELATES TO: KRS 164.6915[164.682(2)(b)]

      STATUTORY AUTHORITY: KRS 164.6909[164.681], 164.6915[164.682(2)(b)]

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 164.6909 requires a person registering as an athlete agent to submit an application for registration to the office in a form prescribed by the office. KRS 164.6915[164.682(2)(b)] requires a person registering as an athlete agent to pay a registration fee and renewal fee as established by the office[division]. This administrative regulation establishes the fees charged by the office[division].