Section 371.007 - Staggered Renewal of Licenses(a) The Finance Commission of Texas by rule may adopt a system under which licenses issued under this chapter expire on various dates during the year.(b) For a year in which an expiration date is changed, a license fee payable on the date of issuance shall be prorated according to the number of months during which the license is valid.(c) On renewal of a license on the new expiration date, the total license fee is payable.Amended by Acts 2001, 77th Leg., ch. 867, Sec. 100, eff. 9/1/2001.