Text: S05382 Text: S05384 Text: S05300 - S05399 Text: S Index Bills and Amendments: General Index Bill History: General Index
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PAG LIN 1 1 Amend Senate File 2349 as follows: 1 2 #1. Page 2, by inserting after line 27 the 1 3 following: 1 4 "Sec. . Section 321.69, subsections 2 and 3, 1 5 Code Supplement 1995, are amended to read as follows: 1 6 2. The damage disclosure statement required by 1 7 this section shall, at a minimum, state the total 1 8 retail dollar amount of all damage to the vehicle 1 9 during the period of the transferor's ownership of the 1 10 vehicle and whether the transferor knows if the 1 11 vehicle was titled as a salvage or flood vehicle in 1 12 this or any other state prior to the transferor's 1 13 ownership of the vehicle. For the purposes of this 1 14 section, "damage" refers to damage to the vehicle 1 15 caused by fire, vandalism, collision, weather, falling 1 16 objects, submersion in water, or flood, where the cost 1 17 of repair isthreefive thousand dollars or more per 1 18 incident, but does not include normal wear and tear, 1 19 glass damage, mechanical repairs or electrical repairs 1 20 that have not been caused by fire, vandalism, 1 21 collision, weather, falling objects, submersion in 1 22 water, or flood. "Damage" does not include the cost 1 23 of repairing, replacing, or reinstalling an inflatable 1 24 restraint system. A determination of the amount of 1 25 damage to a vehicle shall be based on estimates of the 1 26 retail cost of repairing the vehicle, including labor, 1 27 parts, and other materials, if the vehicle has not 1 28 been repaired or on the actual retail cost of repair, 1 29 including labor, parts, and other materials, if the 1 30 vehicle has been repaired. Only individual incidents 1 31 in which the retail cost of repairs isthreefive 1 32 thousand dollars or more are required to be disclosed 1 33 by this section. If the vehicle has incurred damage 1 34 ofthreefive thousand dollars or more per incident in 1 35 more than one incident, the damage amounts must be 1 36 combined and disclosed as the total of all separate 1 37 incidents. 1 38 3. The damage disclosure statement shall be 1 39 provided by the transferor to the transferee at or 1 40 before the time of sale. If the transferor is not a 1 41 resident of this state the transferee shall not be 1 42 required to submit a damage disclosure statement from 1 43 the transferor with the transferee's application for 1 44 title unless the state of the transferor's residence 1 45 requires a damage disclosure statement. However, the 1 46 transferee shall submit a damage disclosure statement 1 47 with the transferee's application for title indicating 1 48 whether a salvage or rebuilt title had ever existed 1 49 for the vehicle, whether the vehicle had incurred 1 50 prior damage ofthreefive thousand dollars or more 2 1 per incident, and the year, make, and vehicle 2 2 identification number of the motor vehicle." 2 3 #2. Title page, line 3, by inserting after the 2 4 word "replacement," the following: "increasing damage 2 5 disclosure statement limits,". 2 6 #3. By renumbering as necessary. 2 7 2 8 2 9 2 10 BRAD BANKS 2 11 2 12 2 13 2 14 DERRYL McLAREN 2 15 SF 2349.305 76 2 16 js/cf
Text: S05382 Text: S05384 Text: S05300 - S05399 Text: S Index Bills and Amendments: General Index Bill History: General Index
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