Sec. 3. (a) A person applying for a vendor’s license under this chapter must pay a nonrefundable application fee of one hundred thousand dollars ($100,000) to the commission. The commission shall deposit fees received under this section in the sports wagering fund established by IC 4-38-8-2.

     (b) An applicant must submit the following on forms provided by the commission:

(1) If the applicant is an individual, two (2) sets of the individual’s fingerprints.

(2) If the applicant is not an individual, two (2) sets of fingerprints for each officer and director of the applicant.

     (c) The commission shall review the applications for a vendor’s license under this chapter and shall inform each applicant of the commission’s decision concerning the issuance of the vendor’s license.

     (d) The costs of investigating an applicant for a vendor’s license under this chapter shall be paid from the application fee paid by the applicant.

     (e) An applicant for a vendor’s license under this chapter must pay all additional costs that are:

(1) associated with the investigation of the applicant; and

(2) greater than the amount of the application fee paid by the applicant.

As added by P.L.293-2019, SEC.43.