(a) In lieu of suspending or revoking a license for any cause for which license suspension or revocation is not required, the Board may impose a fine not exceeding $20,000 for each case, if:
(1) the Board determines that the public welfare and morals would not be impaired by allowing the license holder to operate during the suspension period; and
(2) the payment of the fine will achieve the desired disciplinary purposes.
(b) Fines collected under this subsection shall be paid into the general fund of the county.
(c) (1) When imposing a fine on a license holder or suspending or revoking a license, the Board shall adopt a written resolution containing:
(i) a statement of the facts and findings forming the basis for the decision;
(ii) the vote of each member of the Board on the decision; and
(iii) information as to the procedures for appealing the decision.
(2) A copy of the resolution shall be mailed or hand delivered to the license holder.
(d) The Board shall adopt regulations to carry out this section.