FISH AND BOAT COMMISSION Boat and Marine Forfeiture; Maximum Amount [37 Pa.B. 1390]
[Saturday, March 24, 2007]Chapter 53, Subchapter C of 30 Pa.C.S. (relating to Boat and Marine Forfeiture) applies only to boats and related equipment with a resale value based upon established industry standards equal to or less than the maximum amount set forth in 30 Pa.C.S. § 5331(c) (relating to scope of subchapter). This subsection provides that for the year 2006, the maximum amount will be $5,000 and for each year thereafter, the maximum amount will be fixed annually by the Fish and Boat Commission (Commission) based upon the maximum amount in the prior year as adjusted to reflect the change in the Consumer Price Index for All Urban Consumers (CPI-U) for the United States for all items as published by the United States Department of Labor, Bureau of Labor Statistics, for the previous 12-month period. The subsection further provides that the maximum amount as adjusted will be rounded to the nearest multiple of $5 and that the Commission will give notice of the new maximum amount by publication in the Pennsylvania Bulletin.
Under section 5331(c), the Commission has fixed the maximum amount for 2007 as $5,105.
DOUGLAS J. AUSTEN, Ph.D.,
Executive Director[Pa.B. Doc. No. 07-513. Filed for public inspection March 23, 2007, 9:00 a.m.]
