Each seller of travel or independent agent shall file annually with the Department proof of professional liability and errors and omissions insurance in the amount of at least $1,000,000 as required by this subtitle. Each seller of travel shall file annually with the Department a list of independent agents affiliated with the seller of travel. The annual filing fee is $300. A person may not receive valuable consideration in payment for services offered for sale by a seller of travel or an independent agent unless, at the time of receiving the payment, the seller of travel or independent agent has met the annual filing requirements under subsection (a) of this section. Except as otherwise provided by law, the Department shall pay all fees collected under this title to the Comptroller. The Comptroller shall distribute the fees to the Sellers of Travel Services Registration Fund established in § 2–106.17 of this article.