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.