(a) The Board of Electrical Examiners of the State of Arkansas is authorized to conduct examinations of persons applying for a license as a master electrician, journeyman electrician, industrial maintenance electrician, residential master electrician, air conditioning electrician, specialist sign electrician, or residential journeyman electrician. These persons shall pay fees established by the board, but in no event shall such examination fees exceed the following:
(1) Master electrician $100.00
(2) Journeyman electrician 100.00
(3) Industrial maintenance electrician 50.00
(4) Residential master electrician 100.00
(5) Residential journeyman electrician 100.00
(6) Air conditioning electrician 100.00
(7) Specialist sign electrician 100.00
(b) Any applicant who shall fail to pass the examination shall be permitted to take the next scheduled examination upon payment of the required fees.