There is hereby established a derelict and abandoned vessel and obstruction removal fee which shall be in addition to the vessel registration fee assessed pursuant to § 46-22-4(a)(1). The fee shall be assessed biennially at the time vessel registration fees are assessed by the department pursuant to § 46-22-4(a)(1). All derelict and abandoned vessel and obstruction removal fees shall be deposited in the derelict and abandoned vessel and obstruction removal account established pursuant to § 46-6-10.3. The fees shall be assessed as follows: Pursuant to § 46-22-4(a)(1)(iii), vessels over thirty feet (30′) may, upon request, pay the derelict and abandoned vessel and obstruction removal fee, along with the registration fee annually at the rate of one-half ( 1 / 2 ) the biennial fee for a vessel of the same length.
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