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House Journal: Page 230: Monday, February 5, 1996

32     24.  Page 27, line 7, by inserting after the word
33   "holder" the following:  "or interest holder".
34     25.  Page 27, line 9, by inserting after the word
35   "holder" the following:  "or interest holder".
36     26.  Page 27, line 11, by inserting after the word
37   "holder's" the following:  "or interest holder's".
38     27.  Page 27, line 12, by inserting after the word
39   "the" the following:  "regulated interest holder or".
40     28.  Page 46, line 25, by striking the words "five
41   thousand" and inserting the following:  "seven
42   thousand five hundred".
43     29.  By striking page 49, line 34, through page
44   50, line 7.
45     30.  Page 53, by inserting before line 28 the
46   following:
47     "Sec. ___.  Section 22.7, Code Supplement 1995, is
48   amended by adding the following new subsection:
49     NEW SUBSECTION.  33.  A record required under the
50   Iowa financial transaction reporting Act listed in

Page   3

 1   section 529.2, subsection 10."
 2     31.  Page 54, by striking lines 25 through 35 and
 3   inserting the following:
 4     "Sec. ___.  Section 321J.4B, subsection 12, Code
 5   Supplement 1995, is amended to read as follows:
 6     12.  Operating a motor vehicle on a street or
 7   highway in this state in violation of an order of
 8   impoundment or immobilization is a serious
 9   misdemeanor.  A motor vehicle which is subject to an
10   order of impoundment or immobilization that is
11   operated on a street or highway in this state in
12   violation of the order shall be seized and forfeited
13   to the state under chapter chapters 809 and
809A."
14     32.  Page 55, by inserting before line 1 the
15   following:
16     "Sec. ___.  Section 321J.4B, subsections 13 and 16,
17   Code Supplement 1995, are amended to read as follows:
18     13.  Once the period of impoundment or
19   immobilization has expired, the owner of the motor
20   vehicle shall have thirty days to claim the motor
21   vehicle and pay the fees and charges imposed under
22   this section.  If the owner or the owner's designee
23   has not claimed the vehicle and paid the fees and
24   charges imposed under this section within seven days
25   from the date of expiration of the period, the clerk
26   shall send written notification to the motor vehicle
27   owner, at the owner's last known address, notifying
28   the owner of the date of expiration of the period of
29   impoundment or immobilization and of the period in
30   which the motor vehicle must be claimed.  If the motor
31   vehicle owner fails to claim the motor vehicle and pay
32   the fees and charges imposed within the thirty-day

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