1.1                          A bill for an act 
  1.2             relating to watercraft; exempting collector watercraft 
  1.3             from certain watercraft license display requirements; 
  1.4             amending Minnesota Statutes 1998, section 86B.401, by 
  1.5             adding a subdivision. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1998, section 86B.401, is 
  1.8   amended by adding a subdivision to read: 
  1.9      Subd. 13.  [COLLECTOR WATERCRAFT.] (a) The owner of a 
  1.10  watercraft built before July 1, 1959, that is used solely as a 
  1.11  collector's item may affix any license numbers and decals that 
  1.12  are required for the watercraft by section 86B.301, subdivision 
  1.13  1, and rules adopted pursuant to that section so that the 
  1.14  numbers and decals are readily detachable. 
  1.15     (b) The authority issuing a permit under section 86B.121 
  1.16  for any exhibit, regatta, or boat parade held on the waters of 
  1.17  this state may exempt a collector watercraft from displaying the 
  1.18  license numbers and decals required by section 86B.301, 
  1.19  subdivision 1, during the duration of the event.  The authority 
  1.20  may also exempt the collector watercraft from any equipment and 
  1.21  operational requirements and any license requirements in section 
  1.22  86B.301 for the duration of the event.