Sentence:  The other bill , by Sen. A. M. Aikin Jr. of Paris , would relieve real estate brokers , who pay their own annual <WSD>licensing</WSD> fee , from the $ 12 annual occupation license on brokers in such as stocks and bonds . 
Meaning of the word marked with <WSD> tags:  a fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine)