(a)      Unless a permit is renewed for a 2-year term as provided in this section, the permit expires on the first December 31 that comes:

            (1)      after the effective date of the permit; and

            (2)      in an even-numbered year.

      (b)      At least 1 month before a permit expires, the Board shall mail to the permit holder, at the last known address of the holder:

            (1)      a renewal application form; and

            (2)      a notice that states:

                  (i)      the date on which the current permit expires;

                  (ii)      the date by which the Board must receive the renewal application for the renewal to be issued and mailed before the permit expires; and

                  (iii)      the amount of the renewal fee.

      (c)      Before a permit expires, the permit holder periodically may renew it for an additional 2-year term, if the holder:

            (1)      otherwise is entitled to a permit;

            (2)      pays to the Board a renewal fee not exceeding $80, as set by the Board; and

            (3)      submits to the Board a renewal application on the form that the Board provides.

      (d)      The Board shall renew the permit of each permit holder who meets the requirements of this section.