(1) The fee for a commercial food fishing license for an individual who is a resident of this State shall be $150.

(2) The fee for a commercial food fishing license for an individual who is a nonresident of this State shall be $1,500, except that for a resident of the State of New Jersey, who qualifies as a commercial fisher to obtain a food fishing equipment permit for gill net to fish in only that portion of the Delaware River, east of the center line of the shipping channel, and north of 39 degrees 30′ north latitude the fee shall be $150.

(3) When by or pursuant to the laws or regulations of any other state should said state impose any tax, other fee or restrictions on nonresidents for the privilege of commercial fishing for food fish within its boundaries, which tax, or other fee is in the aggregate greater or restriction is greater to include but not be limited to the nonavailability of a license for nonresidents, the similar or identical taxes, other fees, license requirements and restrictions shall be imposed by the Department upon the residents of that state who seek to apply for a commercial food fishing license from the Department to fish within the boundaries of this State.

(4) A commercial food fishing license shall expire on the last day of the calendar year in which said license is issued by the Department.

(5) The Department shall not issue any commercial food fishing license after December 31 in any calendar year.

(6) All commercial food fishing license holders shall file monthly reports of their catch by effort, species and weight on forms provided by the Department.