1.  Except as otherwise provided in subsection 4, a producer-promoter-employer intending to do business in this State must obtain a permit from the Labor Commissioner.

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2.  An application for the permit required by subsection 1 must contain information concerning:

(a) The applicant’s name and permanent address;

(b) The financing for the production;

(c) The type of production intended by the applicant, the number of artists, technical personnel and other persons required for the production and where the applicant intends to exhibit the production; and

(d) Such other information as the Labor Commissioner may require by regulation for the protection of persons associated with the entertainment industry.

3.  The Labor Commissioner may by regulation require a reasonable fee for processing an application.

4.  The provisions of this section do not apply to any producer-promoter-employer who produces proof to the Labor Commissioner or, in a county whose population is 700,000 or more, produces proof to the department or agency within that county which is authorized to issue business licenses on behalf of the county that the producer-promoter-employer:

(a) Has been in the business of a producer-promoter-employer in this State for the 5-year period immediately preceding the filing of the application and has had no successful wage claim filed with the Labor Commissioner during that period;

(b) Has sufficient tangible assets in this State which, if executed upon, would equal or exceed the amount of bond required; or

(c) Holds a license to operate a nonrestricted gaming operation in this State.