Just saw this morning. Passed in 2018, just signed into law effective next month.
It also states that the five years is "required," so sounds like that is the only option going forward. Nothing on fees that I can see.
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Well that didn't take long. Nope, can't do multiyear with online payments. If I'm just a bonehead and I'm missing something please let me know, but here's the renewal form:
https://www.dco.uscg.mil/Portals/9/DCO Documents/NVDC/COD RENEWAL.pdf?ver=2018-12-28-130935-400
And here's the reference that says online payments are available for commercial and one year renewals only:
I renewed my document about 10 days ago. I was given the option to renew for any number of years of my choosing between 1 and 10 (I think I’m correct on that 10; it might have been 8).
The website explained that documents will still be effective for one year, but that renewed documents will be sent out annually without additional application or payment for the term that I chose.
I chose 5 years, and the cost was 5X the cost of a one year renewal. There was no problem at all with making the payment electronically. Easy as pie.
Apparently the USCG/US Govt cant get their act together.
I applied for a 5 yr Documentation, paid for the 5 years and I have a documentation certificate indicating it is good for 5 years. SHRUG
Now my EPIRB---- I paid for renewal, paid for the renewal and never, to date, gotten the sticker to put on the side of the EPIRB. SHRUG