(a) A license expires on the first anniversary of its effective date, unless the license is renewed for a 1–year term as provided in this section.
(b) At least 1 month before the license expires, the Department shall send to the licensee, by first–class mail to the last known address of the licensee, a renewal notice that states:
(1) The date on which the current license expires;
(2) The date by which the renewal application must be received by the Department for the renewal to be issued and mailed before the license expires; and
(3) The amount of the renewal fee.
(c) Before the license expires, the licensee periodically may renew it for an additional 1–year term, if the business entity or public unit:
(1) Otherwise is entitled to be licensed;
(2) Pays to the Department the renewal fee that the Department sets; and
(3) Submits to the Department a renewal application on the form that the Department requires.