Text: S05417 Text: S05419 Text: S05400 - S05499 Text: S Index Bills and Amendments: General Index Bill History: General Index
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PAG LIN 1 1 Amend House File 2419 as amended, passed, and 1 2 reprinted by the House, as follows: 1 3 #1. Page 3, by inserting after line 15 the 1 4 following: 1 5 "Sec. . Section 321.69, subsections 2 and 3, 1 6 Code Supplement 1995, are amended to read as follows: 1 7 2. The damage disclosure statement required by 1 8 this section shall, at a minimum, state the total 1 9 retail dollar amount of all damage to the vehicle 1 10 during the period of the transferor's ownership of the 1 11 vehicle and whether the transferor knows if the 1 12 vehicle was titled as a salvage or flood vehicle in 1 13 this or any other state prior to the transferor's 1 14 ownership of the vehicle. For the purposes of this 1 15 section, "damage" refers to damage to the vehicle 1 16 caused by fire, vandalism, collision, weather, falling 1 17 objects, submersion in water, or flood, where the cost 1 18 of repair isthreefive thousand dollars or more per 1 19 incident, but does not include normal wear and tear, 1 20 glass damage, mechanical repairs or electrical repairs 1 21 that have not been caused by fire, vandalism, 1 22 collision, weather, falling objects, submersion in 1 23 water, or flood. "Damage" does not include the cost 1 24 of repairing, replacing, or reinstalling an inflatable 1 25 restraint system. A determination of the amount of 1 26 damage to a vehicle shall be based on estimates of the 1 27 retail cost of repairing the vehicle, including labor, 1 28 parts, and other materials, if the vehicle has not 1 29 been repaired or on the actual retail cost of repair, 1 30 including labor, parts, and other materials, if the 1 31 vehicle has been repaired. Only individual incidents 1 32 in which the retail cost of repairs isthreefive 1 33 thousand dollars or more are required to be disclosed 1 34 by this section. If the vehicle has incurred damage 1 35 ofthreefive thousand dollars or more per incident in 1 36 more than one incident, the damage amounts must be 1 37 combined and disclosed as the total of all separate 1 38 incidents. 1 39 3. The damage disclosure statement shall be 1 40 provided by the transferor to the transferee at or 1 41 before the time of sale. If the transferor is not a 1 42 resident of this state the transferee shall not be 1 43 required to submit a damage disclosure statement from 1 44 the transferor with the transferee's application for 1 45 title unless the state of the transferor's residence 1 46 requires a damage disclosure statement. However, the 1 47 transferee shall submit a damage disclosure statement 1 48 with the transferee's application for title indicating 1 49 whether a salvage or rebuilt title had ever existed 1 50 for the vehicle, whether the vehicle had incurred 2 1 prior damage ofthreefive thousand dollars or more 2 2 per incident, and the year, make, and vehicle 2 3 identification number of the motor vehicle." 2 4 #2. By renumbering as necessary. 2 5 2 6 2 7 2 8 BRAD BANKS 2 9 2 10 2 11 2 12 DERRYL McLAREN 2 13 HF 2419.204 76 2 14 js/jj
Text: S05417 Text: S05419 Text: S05400 - S05499 Text: S Index Bills and Amendments: General Index Bill History: General Index
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