The Commissioner shall issue a permit authorizing the operation of vehicles hauling boats or other watercraft that exceed a total outside width of 102 inches but do not exceed a total outside width of 108 inches upon application by the owner of such vehicle. Such permit shall authorize the operation of such vehicle on all unrestricted state and local highways. The annual fee for a permit issued pursuant to this section and the allocation of such fee shall be the same as provided for overweight permits in § 46.2-1140.1.