N.M. Admin. Code § 16.60.1.10

Current through Register Vol. 35, No. 23, December 10, 2024

Section 16.60.1.10 - FEES AND OBLIGATIONS

Fees charged by the board shall be as follows.

A. Fees set by the board for CPA examination applicants shall not unreasonably exceed the amount required for the board to operate CPA examination administration on a break even basis, but in no case shall the fee be less than the states cost of procuring and administering the exam.

B. Initial examination qualification review under Section 27F of the act shall be $75.

C. Delinquency fee for incomplete or delinquent continuing education reports, certificate/license or firm permit renewals under Section 27D of the act shall be $100.

D. Certificate application under Section 27B of the act shall be: initial certificate, $175; certificate renewal, $130.

E. No annual renewal fee shall be assessed for an individual who holds an inactive certificate and who has reached the age of 70.

F. Firm permit application or renewal fee under Section 27C of the act shall be $75 for each firm, regardless of form of entity.

G. Firm permit renewal delinquency fee under Section 27C of the act shall be $100 and includes all practitioners whose renewal applications are delinquent.

H. Certificate/license/ firm permit reinstatement fee under Section 27H of the act shall be $175. For certificate/individual license reinstatements only, reinstatement fee and an additional fee of the current years renewal fee. No delinquency fee shall be assessed.

I. Continuing professional education waiver and reentry into active certificate status and to comply with continuing professional education under Sections 27H and 27I of the act shall not exceed $75 each occurrence.

J. Administrative fees for services under Section 27F shall be:

(1) list of certificate or permit holders, $250;

(2) duplicate or replacement certificate card or permit card, $10 each;

(3) duplicate or replacement wall certificate, $25 each;

(4) board evaluation of coursework for continuing professional education credit, $50 per hour of board staff research and study;

(5) certificate application package for reciprocity, $20 each;

(6) grade transfer candidates, $75 each;

(7) replacement packages for by-examination candidates, $75 each;

(8) copies of combined Accountancy Act and board rules, $10 each;

(9) copies of records and documents, $.25 per page; and

(10) the board may, at its discretion, charge for other administrative costs as it deems appropriate.

K. Fee for the transfer of licensure or examination information to a third party under Section 27E of the act shall be $75.

L. Fee for criminal history background check under Section 8.1 of the act shall be the amount established by the department of public safety for the processing of criminal history background checks.

M. The board may waive charges as it deems appropriate.

N. All fees are non-refundable.

N.M. Admin. Code § 16.60.1.10

16.60.1.10 NMAC - Rp 16 NMAC 60.2.8, 02-14-2002; A, 01-15-2004; A, 04-29-2005; A, 11-30-2007; A, 06-30-2008; A, 05-29-2009; A, 11-13-2009; A, 09-15-2010; A, 01-17-2013; Amended by New Mexico Register, Volume XXV, Issue 21, November 13, 2014, eff. 12/1/2014; Amended by New Mexico Register, Volume XXVI, Issue 17, September 15, 2015, eff. 9/15/2015, Amended by New Mexico Register, Volume XXVII, Issue 18, September 30, 2016, eff. 10/1/2016, Amended by New Mexico Register, Volume XXXI, Issue 18, September 29, 2020, eff. 10/1/2020