Makes many technical changes to business licensing and trade name laws. In addition, more specificity is provided in state law regarding the renewal and cancelation of trade names. Trade name renewal cannot occur more often than annually. The Department of Revenue (DOR) can cancel the trade name of any person whose business license account becomes inactive in the DOR business license system or at the request of the person, to whom the trade name is registered. The DOR is required to make reasonable effort to provide notice to a person prior to cancelation of a trade name unless it is the person requesting the cancelation of a trade name. The definition of "person" is expanded to ensure confidential licensing information is not disclosed by the DOR. References of the master license service in statute are changed to the business license service. Obsolete provisions of the law are eliminated.