- (a) A request for registration under this chapter must be signed by the owner of the watercraft and accompanied by the appropriate fee specified under subsection (b). The fee to renew a watercraft registration is based upon the appropriate fee specified under 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:
| Watercraft Length (in feet) |
|---|
| At Least | But Less | Fee ($) | Fee ($) |
| | Than | (before January | (after December |
| | | 1, 2017) | 31, 2016) |
| 0 | 13 | 16.50 | 15 |
| 13 | 26 | 18.50 | 18 |
| 26 | 40 | 21.50 | 21 |
| 40 | | 26.50 | 24 |
STEP TWO: Determine the appropriate fee based upon the value of the watercraft as follows:
| Value ($) | | Value ($) | Fee ($) |
|---|
| Greater Than or Equal to | | Less Than | |
| 0 | | 1,000 | 5 |
| 1,000 | | 3,000 | 10 |
| 3,000 | | 5,000 | 15 |
| 5,000 | | 10,000 | 20 |
| 10,000 | | | 25 |
STEP THREE: Determine the sum of the STEP ONE amount plus the STEP TWO amount.
- (c) The fee to renew a watercraft registration is based upon the value of the watercraft as follows:
| Value ($) | | Value ($) | Fee ($) |
|---|
| Greater Than or Equal to | | Less Than | |
| 0 | | 1,000 | 10 |
| 1,000 | | 3,000 | 15 |
| 3,000 | | 5,000 | 20 |
| 5,000 | | 10,000 | 25 |
| 10,000 | | | 30 |
- (d) The bureau shall determine the value of a watercraft in the same manner as set forth in IC 6-6-11-10 .
(e) The fees collected under subsection (b) shall be distributed as follows:
(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:
- (A) The enforcement of laws pertaining to watercraft.
- (B) The state's share of the cost of retirement benefits for conservation officers of the department of natural resources.
- (C) Improving the navigable waters of Indiana.
- (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) 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) 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:
- (A) The enforcement of laws pertaining to watercraft.
- (B) The state's share of the cost of retirement benefits for conservation officers of the department of natural resources.
- (C) Improving the navigable waters of Indiana.
(2) The remaining amount shall be distributed as follows:
- (A) Sixty-six and seven-tenths percent (66.7%) to the lake and river enhancement fund established by IC 14-22-3.5-1 .
- (B) Thirty-three and three-tenths percent (33.3%) 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 renew the registration under subsection (c), and the person must 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.