Ind. Code § 9-18.1-14.5-6 – Fee

(a) A request for registration under this chapter must be signed by the owner of the watercraft and accompanied by the appropriate fee specified in subsection (b). The fee to renew a watercraft registration is specified in subsection (c).
(b) The fee to register a watercraft in its first year of registration is the amount determined by STEP THREE of the following formula:
STEP ONE: Determine the appropriate fee based upon the length of the watercraft as follows:


At Least	But Less	Fee ($)
	Than

0	13	15
13	26	18
26	40	21
40		24

STEP TWO: Determine the appropriate fee based upon the value of the watercraft as follows:

Value ($)	Value ($)	Fee ($)
Greater Than or Equal to	Less Than
0	1,000	5
1,000	3,000	10
3,000	5,000	15
5,000	10,000	20
10,000		25

STEP THREE: Determine the sum of the STEP ONE amount plus the STEP TWO amount.

	Boat Value When New
	At Least			But Less Than
1		$0.01			$500	$15
2		500			1,000	15
3		1,000			1,500	20
4		1,500			2,000	20
5		2,000			3,000	20
6		3,000			5,000	25
7		5,000			7,500	30
8		7,500			10,000	30
9		10,000			15,000	35
10		15,000			22,500	40
11		22,500			35,000	45
12		35,000			50,000	50
13		50,000			75,000	55
14		75,000	or more			60

(d) For purposes of this section, the bureau shall determine the value of a watercraft in the same manner as set forth in IC 6-6-11-10 (b).
(e) The fees collected under subsection (b) shall be distributed as follows:
1. (1) Fees collected from STEP ONE of subsection (b) shall be deposited in the fish and wildlife fund established by IC 14-22-3-2 and shall be used exclusively for the following:
  1. (A) The enforcement of laws pertaining to watercraft.
  2. (B) The state's share of the cost of retirement benefits for conservation officers of the department of natural resources.
  3. (C) Improving the navigable waters of Indiana.
2. (2) Sixty-six and seven-tenths percent (66.7%) of the fees collected from STEP TWO of subsection (b) shall be deposited in the lake and river enhancement fund established by IC 14-22-3.5-1 .
3. (3) Thirty-three and three-tenths percent (33.3%) of the fees collected from STEP TWO of subsection (b) shall be deposited in the conservation officers marine enforcement fund established by IC 14-9-8-21.5 .
(f) A fee collected under subsection (c) shall be distributed as follows:
1. (1) Five dollars ($5) shall be deposited in the fish and wildlife fund established by IC 14-22-3-2 and shall be used exclusively for the following:
  1. (A) The enforcement of laws pertaining to watercraft.
  2. (B) The state's share of the cost of retirement benefits for conservation officers of the department of natural resources.
  3. (C) Improving the navigable waters of Indiana.
2. (2) The remaining amount shall be distributed as follows:
  1. (A) Seventy-five percent (75%) to the lake and river enhancement fund established by IC 14-22-3.5-1 .
  2. (B) Twenty-five percent (25%) to the conservation officers marine enforcement fund established by IC 14-9-8-21.5 .
(g) The owner of a watercraft that is registered under this section is required to:
1. (1) renew the registration under subsection (c); and
2. (2) pay any applicable fees and excise tax under IC 6-6-11-13 on the watercraft;
  each year.

As added by P.L.164-2020, SEC.38. Amended by P.L.74-2023, SEC.1.