Secretary of State Reduces Fees for Notaries Public
Colorado Personal Injury Attorneys
Fees in the state of Colorado for notaries public have been reduced from $10 to $1. The fees effect online notary applications and renewal fees. Currently the reduction is only temporary, but the state has not issued a date on the ending. Secretary of State Scott Gessler announced the reduction on October 30, 2012.
The idea behind the reduction of fees, which were already some of the lowest in that nation, is to keep money in the pockets of Coloradans. Another motive behind moving to only charging $1 is to encourage more people to check out the efficiency and convenience of online filing.
The fees went into effect on November 1 for any renewals or first-time filers. Gessler plans to keep the $1 fee in place for the remainder of the fiscal year, but will continue to review the impact of the reductions on a quarterly basis.
Many questions have been brought up about the revenue impact of the reduction. It is projected to reduce revenue by over $200,000. At this time, 83,000 Coloradans serve as notaries, and each notary commission runs four years. The office says they can absorb the reduced revenue and still provide top-notch customer service.
The Secretary of State’s office is funded solely from filing fees from businesses and non-profits, and receives no state taxpayer dollars. It recently reduced fees for non-profit businesses in October as well.
The Sawaya Law Firm supports small business in the Denver community, and we applaud the effort of the Secretary of State Scott Gessler for attempting to help keep money in the pockets of Coloradans and small businesses. We are Denver’s personal injury law firm. With over 40 years of experience and a compassionate team prepared to listen to your story, The Sawaya Law Firm is here to help. Contact us anytime.