R. Submit by March 15th an annual report to the Governor and the joint standing committee of the Legislature having jurisdiction over gambling affairs on slot machine revenue, credits disbursed by slot machine operators, administrative expenses and the allocation of gross slot machine income for the preceding year;

S. Prepare and submit to the department a budget for the administration of this chapter; and

T.__Keep accurate and complete records of its proceedings and certify the records as may be appropriate.

3.__Required rules.__The board shall, without limitation on the powers conferred and duties imposed in subsections 1 and 2, adopt rules governing:

A.__Methods and forms of application that an applicant must follow and complete prior to consideration of the applicant's application by the board;

B.__Methods, procedures and forms for delivery of information concerning an applicant's immediate family, character, associates, criminal record, business activities and financial affairs;

C.__Procedures for the fingerprinting of an applicant, or other methods of identification the board determines necessary to accomplish effective licensing and enforcement of restrictions;

D.__The method of collection of payments of taxes, fees and penalties;

E.__The location and hours of operation of slot machines, types of slot machines permitted, methods of operation of slot machines and distribution and servicing of slot machines and associated equipment;

F.__Procedures, forms and methods of management controls of licensees, including the structure of the organization and minimum security standards, including organizational structure of security personnel and alarm and other electrical or visual security measures;

G.__Minimum procedures for the exercise of effective control over the internal fiscal affairs of slot machine operators,