(a) For licenses issued prior to September 1, 2018, each license related to professional boxing and professional wrestling issued by the commission shall be annual and shall expire on the 30th day of September next following the date on which it was issued. Thereafter, any such license shall be annual and shall expire one year after issuance.

(b) Each license related to professional mixed martial arts and training facilities providing contact sparring for professional combative sports participants shall be annual and shall expire one year after issuance.

(c) Each license related to recognition and authorization of a third-party sanctioning entity shall be biennial and shall expire two years after issuance.