The commissioner shall set the fee for an initial or renewal responsible managing employee license fee in an amount not to exceed ______ annually.

The commissioner shall set the fee for an initial or renewal responsible managing employee license fee in an amount not to exceed ______ annually.

• A. 300$ annually
• B. 200$ annually
• C. 100$ annually
• D. 250$ annually

Answer: (B)

The concept here is a regulatory fee cap: the law sets a maximum amount the commissioner may charge each year for an initial or renewal RME license. That cap is two hundred dollars annually. So, while the fee could be set at or below that amount, the maximum the statute allows is $200 per year. Choosing a higher figure would exceed the legal limit, and a lower figure would be under the cap but not the maximum the statute permits. Therefore, $200 annually is the correct maximum.

The concept here is a regulatory fee cap: the law sets a maximum amount the commissioner may charge each year for an initial or renewal RME license. That cap is two hundred dollars annually. So, while the fee could be set at or below that amount, the maximum the statute allows is $200 per year. Choosing a higher figure would exceed the legal limit, and a lower figure would be under the cap but not the maximum the statute permits. Therefore, $200 annually is the correct maximum.