IC 4-38-8-1: Annual administrative fee

Sec. 1. A certificate holder 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 certificate holder commences sports wagering operations 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 section 2 of this chapter.