A.__The initial registration fee for a registered slot machine is $100.__The annual renewal fee is an amount, set by rules of the board, equal to the cost to the board of licensing slot machines and determined by dividing the costs of administering the slot machine licenses by the total number of slot machines licensed by the board.

B.__The initial application fee for a slot machine distributor license is $200,000.__The annual renewal fee is an amount, set by rules of the board, equal to the cost to the board of licensing slot machine distributors and determined by dividing the costs of administering the slot machine distributor licenses by the total number of slot machine distributors licensed by the board.

C.__The initial application fee for a slot machine operator license is $200,000.__The annual renewal fee is $75,000 plus an amount, set by rules of the board, equal to the cost to the board of licensing slot machine operators and determined by dividing the costs of administering the slot machine operator licenses by the total number of slot machine operators licensed by the board.

D.__The application fee for a license for a gambling services vendor is $2,000.

E.__The application fee for an employee license under section 1015 is $250.

In addition to the application fee for a license or annual fee for a registered slot machine, the board may charge a one-time application fee for a license or registration listed in paragraphs A to E in an amount equal to the projected cost of processing the application and performing any background investigations.__If the actual cost exceeds the projected cost, an additional fee may be charged to meet the actual cost.__If the projected cost exceeds the actual cost, the difference may be refunded to the applicant.__All fees collected pursuant to this section must be deposited directly to the General Fund.__All application and registration fees are nonrefundable and are due upon submission of the application.

2.__Term of license; renewal, renewal fees.__All licenses issued by the board under this chapter are effective for one year, unless revoked or surrendered pursuant to subchapter 5.__ Upon proper application and payment of the required fees and