(1) The board is empowered to prescribe and publish reasonable fees for the following purposes: (a) Application fee which is nonrefundable;(b) Initial license or compact privilege fee;(c) Renewal of license or compact privilege fee;(f) Reinstatement of license or compact privilege fee;(g) Inactive license fee.(2) Such fees shall be commensurate to the extent feasible with the cost of fulfilling the duties of the board and council as defined by this article; however, no individual fee shall exceed One Hundred Fifty Dollars ($150.00).(3) Any increase in the fees charged by the board under this section shall be in accordance with the provisions of Section 41-3-65.Laws, 1988, ch. 451, § 15, eff. 7/1/1988.Amended by Laws, 2023, ch. 424, HB 259,§ 15, eff. 7/1/2023.Reenacted by Laws, 2020, ch. 473, SB 2311,§ 50, eff. 7/1/2020.Amended by Laws, 2016, ch. 510, HB 289, 50, eff. 7/1/2016, rep. 7/1/2020.