General Assembly: 76 (1995 Regular GA) - Chapter 36 - License fees for nonresident real estate brokers and salespersons


Published: 1995

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CH. 36 lAWS OF THE SEVEN1Y-SIXTH GA, 1995 SESSION

CHAPTER36 UCENSE FEES FOR NONRESIDENT

REAL ESTATE BROKERS AND SALESPERSONS S.F. 94

44

AN ACT relating to reciprocal license fees for nonresident real estate brokers and salespersons.

Be It Enacted by the General Assembly of the State of Iowa:

Section 1. Section 543B.27, Code 1995, is amended to read as follows: 543B.27 FEES. L The real estate commission shall set fees, for examination and licensing of real es-

tate brokers and real estate salespersons. The commission shall determine the annual cost of administering the examination and shall set the examination fee accordingly. The com- mission shall set the fees for the real estate broker's licenses and for real estate salesperson's licenses based upon the administrative costs of sustaining the commission. The fees shall include, but shall not be limited to, the costs for:

-h a. Per diem, expenses, and travel for commission members. ~ b. Office facilities, supplies, and equipment. & £:. Staff assistance. 4: d. Establishing and maintaining a real estate education program. 2. Notwithstanding subsection 1. a nonresident person seeking to procure a license

pursuant to this chapter shall be charged a fee equal to the greater of the following: a. The fee as determined pursuant to subsection 1. b. A fee equal to the fee the nonresident person would be charged by such person's

state of residence if that person were a resident of this state making application for a license in that state and that state charges a nonresident a fee which is greater than that charged by that state to a resident of that state.

Approved April19, 1995

CHAPTER37 WAGE PAYMENT UPON SUSPENSION OR TERMINATION OF EMPLOYMENT

S.F. 159

AN ACT relating to the payment of wages to a suspended or terminated employee under the Iowa wage payment collection law.

Be It Enacted by the General Assembly of the State of Iowa:

Section 1. Section 91A4, Code 1995, is amended to read as follows: 91A4 EMPLOYMENT SUSPENSION OR TERMINATION- HOW WAGES ARE PAID. When the employment of an employee is suspended or terminated, the employer shall

pay all wages earned, less any lawful deductions specified in section 91A5 by the em- ployee up to the time of the suspension or termination not later than the next regular payday for the pay period in which the wages were earned as provided in section 91A3. However, if any of these wages are the difference between a credit paid against wages determined on a commission basis and saeh the wages actually earned on a commission basis, the employer shall pay saeh the difference not more than thirty days after the date