- (a) The minimum license fee under this title is $2.50.
- (b) Except as otherwise provided in this title, the license fee shall be prorated quarterly, but not below $2.50, if an applicant applies after May 1 for a license that will become effective before the following April 30.
(c)
- (1) A person who must have a license under this title but does not get the license on time shall pay to the clerk, in addition to the required license fee, a late fee.
(2) Subject to paragraph (3) of this subsection, the late fee shall be the sum of:
- (i) 10% of the required license fee for the calendar month following the calendar month when the required license fee is due; and
- (ii) 2% of the required license fee for each calendar month or part of a month after that.
- (3) A late fee imposed under this subsection may not exceed 30% of the required license fee for the license year.
- (d) The Comptroller shall charge an issuance fee for each license that is issued or transferred.
Added by Acts 1992, c. 4, § 2. Amended by Acts 2022, c. 315, § 2, eff. Oct. 1, 2022.
Formerly Art. 56, §§ 1, 1A, 10, 17, 17A, 20B.