The owner of a nuclear power plant shall, for each nuclear power plant owned, remit the fees required under this section to the Department. On or before July 1, 2024, and each July 1 thereafter, the owner of a nuclear power plant shall pay to the Department: Subject to paragraph (2) of this subsection, a fee of $300,000 for the operational costs of the Radiation Emergency Response Program; and Subject to paragraphs (2) and (3) of this subsection, a fee of $60,000 for radiological emergency response preparedness. Subject to subparagraph (ii) of this paragraph, the Department may annually increase the fees under paragraph (1) of this subsection in accordance with the percentage increase in the Consumer Price Index for All Urban Consumers for the Washington Metropolitan Area during the previous year to ensure adequate funding for the operational costs of the Radiation Emergency Response Program. The Department may not annually increase the fees under paragraph (1) of this subsection by more than 3%. The Department shall transfer the fee collected under paragraph (1)(ii) of this subsection to the Maryland Department of Emergency Management for radiological emergency response preparedness activities. Except as provided in subsection (b)(3) of this section, the fees collected under this section shall be paid into the Radiation Emergency Response Fund under § 8–704 of this subtitle.