(a) An application for the renewal of a license shall be provided by the department to the licensee at least 90 days prior to the expiration of the licensee’s current license, and must be completed and submitted to the department by the license holder at least 30 days before the expiration of the applicant’s current license, accompanied by an application and administration fee of $500.

(b) An application for a renewal shall be subject to the same terms, information, collection requirements, and approval criteria under sections 159.4 and 159.5 of this Part. However, notwithstanding the above, no renewal license shall be issued to an applicant that does not hold a valid license at the time of the submission of an application.