Business Regulation – Household Goods Movers – Special Fund and Fees

This bill establishes a special, nonlapsing fund within the Maryland Department of Labor to cover the costs of regulating household goods movers. It requires the department to calculate annual operational expenses and set registration fees based on those calculations, while limiting any annual fee increase to a maximum of 12.5%. Any investment earnings generated by the fund must be transferred to the state's General Fund rather than being retained by the department. Additionally, the bill keeps existing fees in place until the new fee structure is officially adopted and takes effect.