Senate Bill 859 - Increase the Marine board abandoned and derelict boat fund from $150K to $1M.
Update: At this point in time, both the SB740 and SB840 have been replaced with a new one, Senate Bill 859. This bill allows for the increase of the maximum amount allowed in the Abandoned and Derelict Boat Account to increase from $150,000 as it is today, to $1Million in the future. The goal is to jumpstart the fund with an initial $1M seed money, then work to create a long term solution. This allows almost immediate access to funds for boat removal as needed. A big win for everyone! Stan Tonneson needs to be thanked for his efforts. If you are unaware, he owns Rocky Pointe Marina and really has been driving for a solution. I'm sure we'll hear more soon, but right now this is pretty big news.