(a) Application fees are required to be paid at the time of presenting the original or renewal application for license. Licensing fees must be paid within 21 days of the approval of the original or renewal license. Royalty fees must be received with each quarterly report and in accordance with the deadlines set forth under §72.8(d) of this title (relating to Quarterly Reports). A fee shall be deemed delinquent if not received within 30 days after it is due.
(b) All fees paid to the secretary of state shall be in United States currency, cashier checks, money orders, certified checks, personal or corporate checks or by credit card as described in §71.4 of this title (relating to Credit Card Payment Option).
(c) A mere change of purpose after the payment of fees, as when an applicant desires to withdraw an application from filing, or when a licensee terminates its license, will not entitle either the applicant or the licensee to a refund of any fees paid under the statute or these sections.
(d) Fee schedule is as follows.
(1) Original or renewal application fee (nonrefundable)--$35.
(2) Original or renewal license fee--$250.
(3) Royalty fee--3.0% of annual gross license receipts in excess of $5,000.
(e) Failure to pay fees as required by this section will result in the following.
(1) Failure to pay the original or renewal application fee shall result in the denial of the application.
(2) Failure to pay the licensing fee within 21 days of the approval of the original or renewal application shall result in the denial of a license and the cancellation of the previously approved application.
(3) Failure to pay royalty fees may result in suspension or revocation of license.
(4) Appropriate enforcement action may be requested by the secretary of state under §72.10 of this title (relating to Enforcement) where a licensee has failed to pay fees when due.
Source Note: The provisions of this §72.6 adopted to be effective December 10, 2012, 37 TexReg 9617