Every claimant other than a licensee under ORS § 543.010 to 543.610 shall on or before January 1 of each year pay to the state in advance an annual fee based upon the theoretical water horsepower claimed under each separate claim to water and calculated using the formula under ORS § 543.078 for a project of similar theoretical horsepower. [Amended by 1957 c.333 § 2; 1965 c.185 § 1; 1973 c.163 § 5; 1997 c.449 § 38; 1999 c.873 § 24; 2001 c.104 § 229; 2021 c.516 § 6]