Sec. 3. (a) A permit holder that is issued a gambling game license under this article must pay to the commission an initial licensing fee of two hundred fifty million dollars ($250,000,000) as follows: (1) One hundred fifty million dollars ($150,000,000) payable before November 1, 2007. (2) One hundred million dollars ($100,000,000) payable before November 1, 2008. (b) The commission shall deposit any initial licensing fees collected under this section into the state general fund.
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