Sec. 1. (a) The commission may issue a supplier's license under this chapter to a person if:
(1) the person has:
(A) applied for the supplier's license;
(B) paid a nonrefundable application fee set by the commission;
(C) paid a seven thousand five hundred dollar ($7,500) annual license fee; and
(D) submitted the following on forms provided by the commission:
(i) if the applicant is an individual, two (2) sets of the individual's fingerprints; and
(ii) if the applicant is not an individual, two (2) sets of fingerprints for each officer and director of the applicant; and
(2) the commission has determined that the applicant is eligible for a supplier's license.
(b) A license issued under this chapter after June 30, 2009, satisfies the requirements of IC 4-35-6-1 with respect to suppliers for gambling games conducted at racetracks (as defined in IC 4-35-2-9).