IC 4-38-6-6: Annual administrative fee

Sec. 6. A person holding a vendor's license shall pay to the commission an annual administrative fee of fifty thousand dollars ($50,000). The fee imposed by this section is due one (1) year after the date that the vendor begins performing services under a contract with a certificate holder in the conduct of sports wagering under this article and on each annual anniversary date thereafter. The commission shall deposit the administrative fees received under this section in the sports wagering fund established by IC 4-38-8-2.