§ 12-904. Fees

   The Commissioner shall charge:

   (1) (i) A fee for the issuance of an initial license under this subtitle in an even-numbered year as follows:

         1. $ 1,000, if the applicant's annual gross revenue is not more than $ 3,000,000;

         2. $ 2,000, if the applicant's annual gross revenue is more than $ 3,000,000 but not more than $ 6,000,000;

         3. $ 4,000, if the applicant's annual gross revenue is more than $ 6,000,000 but not more than $ 15,000,000;

         4. $ 6,000, if the applicant's annual gross revenue is more than $ 15,000,000 but not more than $ 30,000,000; or

         5. $ 8,000, if the applicant's annual gross revenue is more than $ 30,000,000; and

      (ii) A fee for the issuance of an initial license under this subtitle in an odd-numbered year as follows:

         1. $ 500, if the applicant's annual gross revenue is not more than $ 3,000,000;

         2. $ 1,000, if the applicant's annual gross revenue is more than $ 3,000,000 but not more than $ 6,000,000;

         3. $ 2,000, if the applicant's annual gross revenue is more than $ 6,000,000 but not more than $ 15,000,000;

         4. $ 3,000, if the applicant's annual gross revenue is more than $ 15,000,000 but not more than $ 30,000,000; or

         5. $ 4,000, if the applicant's annual gross revenue is more than $ 30,000,000;

   (2) A fee for renewal of a license issued under this subtitle as follows:

      (i) $ 1,000, if the applicant's annual gross revenue is not more than $ 3,000,000;

      (ii) $ 2,000, if the applicant's annual gross revenue is more than $ 3,000,000 but not more than $ 6,000,000;

      (iii) $ 4,000, if the applicant's annual gross revenue is more than $ 6,000,000 but not more than $ 15,000,000;

      (iv) $ 6,000, if the applicant's annual gross revenue is more than $ 15,000,000 but not more than $ 30,000,000; or

      (v) $ 8,000, if the applicant's annual gross revenue is more than $ 30,000,000;

   (3) A fee of $ 100, for each location in the State at which a licensee provides debt management services under this subtitle, payable at the time of application for an initial license and at each renewal of a license; and

   (4) A fee of $ 1,000, for an investigation of an applicant under this subtitle, payable at the time of application for an initial license.

HISTORY: 2003, chs. 374, 375; 2005, ch. 574, § 2.