Multi-Year Documentation Considered by USCG
Multi-year documentation renewals being considered
Date Reported: Mar 3, 2015
Reported By: Mike Ahart, News Editor
Source: Federal Register Volume 80, Number 41
Back in August 2014, the Coast Guard instituted a $26 yearly fee for vessel documentation renewals. In the comments submitted before the ruling, many boaters felt the fees were reasonable, and others did not; however, most wished for a multi-year renewal option.
Boaters ‘“ especially full-time cruisers ‘“ will be glad to know that the Coast Guard is considering offering a two-year and/or three-year option, making renewals much more convenient. Since the fee itself was instituted due to laws requiring federal agencies to recover the processing costs of services, it stands to reason that multi-year renewals will also afford a discount compared to renewing year-by-year. The “Request for Information” section does not mention any discounts for multi-year renewals; however, the “Supplemental Information” section mentions a possible modification to the fee.
Comments can be submitted online or otherwise on or before June 1, 2015. From the Federal Register:
The Coast Guard seeks public comment on whether to increase the period of validity for renewing endorsements on Certificates of Documentation. A separate fee of $26 for annual renewals of endorsements upon the Certificate of Documentation was established in a recent rulemaking. The Coast Guard is considering options for implementing multiyear renewals and updating the fee for services, and seeks information on factors to consider when implementing these changes.
DATES: Comments and related material must either be submitted to the online docket via http://www.regulations.gov on or before June 1, 2015 or reach the Docket Management Facility by that date.
Click Here for the full article.
Be the first to comment!