Text: S03493 Text: S03495 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 350, as passed by the Senate, as 1 2 follows: 1 3 #1. Page 1, by inserting after line 8 the 1 4 following: 1 5 "Sec. . Section 321.20A, Code 2001, is amended 1 6 to read as follows: 1 7 321.20A CERTIFICATE OF TITLE – COMMERCIAL 1 8 VEHICLES. 1 9 1. Notwithstanding other provisions of this 1 10 chapter, the owner of a commercial vehicle subject to 1 11 the proportional registration provisions of chapter 1 12 326 may make application to the department or the 1 13 appropriate county treasurer for a certificate of 1 14 title. The application for certificate of title shall 1 15 be made within thirty days of purchase or transfer and 1 16 shall be accompanied by a ten dollar title fee and the 1 17 appropriate use tax. The department or the county 1 18 treasurer shall deliver the certificate of title to 1 19 the owner if no security interest or encumbrance 1 20 appears on the certificate or to the person holding 1 21 the first security interest or encumbrance shown on 1 22 the certificate of title. 1 23 2.A commercial vehicleAn owner of a commercial 1 24 vehicle subject to the proportional registration 1 25 provisions of chapter 326 who has a fleet of more than 1 26 fifty commercial vehicles and who is issued a 1 27 certificate of title under this section shall not be 1 28 subject to registration fees until the commercial 1 29 vehicle is driven or moved upon the highways. The 1 30 registration fee due shall be prorated for the 1 31 remaining unexpired months of the registration year. 1 32 Ownership of the commercial vehicle shall not be 1 33 transferred until registration fees have been paid to 1 34 the department. 1 353. This section shall apply to owners with fleets1 36of more than fifty commercial vehicles based in Iowa1 37under the proportional registration provisions of1 38chapter 326. The original certificate of title shall1 39be delivered to the owner if no security interest or1 40encumbrance appears on the certificate; otherwise, the1 41certificate of title shall be delivered by the1 42department to the person holding the first security1 43interest or encumbrance as shown on the certificate of1 44title." 1 45 #2. Page 1, by inserting after line 35 the 1 46 following: 1 47 "Sec. 101. Section 321.113, Code 2001, is amended 1 48 to read as follows: 1 49 321.113 AUTOMATIC REDUCTION. 1 50 1. The registration fee for a motor vehicle shall 2 1 not be automatically reduced under this section unless 2 2 the registration fee is based on the value and weight 2 3 of the motor vehicle as provided in section 321.109, 2 4 subsection 1. 2 5 2.AfterIf a motor vehicle is more than five 2 6 model years old,thatthe part of the registration fee 2 7whichthat is based on the value of the vehicle shall 2 8 be:2 9Seventy-fiveseventy-five percent of the rate as 2 10 fixed when the motor vehicle was new;. 2 11 3.AfterIf a motor vehicle is more than six model 2 12 years old, the part of the registration fee that is 2 13 based on the value of the vehicle shall be fifty 2 14 percent;of the rate as fixed when the motor vehicle 2 15 was new. 2 16After a motor vehicle is more than eight model2 17years old, that part of the registration fee based on2 18the value of the vehicle shall be ten percent. Where2 19the ninth registration fee for a motor vehicle has2 20been computed and fixed by the department prior to2 21July 4, 1949, there shall be added to the registration2 22fee, in lieu of the ten percent provided for herein,2 23one dollar if such registration fee has been computed2 24and fixed at fifteen dollars or less and two dollars2 25if the registration fee has been computed and fixed at2 26more than fifteen dollars.2 27 4. If a 1994 model year or newer motor vehicle is 2 28 nine model years old or older the registration fee is 2 29 thirty-five dollars. For purposes of determining the 2 30 portion of the registration fee under this subsection 2 31 that is based upon the value of the motor vehicle, 2 32 sixty percent of the registration fee is attributable 2 33 to the value of the vehicle. 2 34 5. a. If a 1993 model year or older motor vehicle 2 35 has been titled in the same person's name since the 2 36 vehicle was new or the title to the vehicle was 2 37 transferred prior to January 1, 2002, the part of the 2 38 registration fee that is based on the value of the 2 39 vehicle shall be ten percent of the rate as fixed when 2 40 the motor vehicle was new. 2 41 b. If the title of a 1993 or older motor vehicle 2 42 is transferred to a new owner or if such a motor 2 43 vehicle is brought into the state on or after January 2 44 1, 2002, the registration fee shall not be based on 2 45 the weight and list price of the motor vehicle, but 2 46 shall be as follows: 2 47 (1) For a motor vehicle that is model year 1969 2 48 or older: 2 49 .................................................. $ 16.00 2 50 (2) For a motor vehicle that is model year 1970 3 1 through 1989: 3 2 .................................................. $ 23.00 3 3 (3) For a motor vehicle that is model year 1990 3 4 through 1993: 3 5 .................................................. $ 27.00 3 6 For purposes of determining the portion of the 3 7 registration fee under this paragraph "b" that is 3 8 based upon the value of the motor vehicle, sixty 3 9 percent of the registration fee is attributable to the 3 10 value of the value." 3 11 #3. Page 9, by inserting after line 31 the 3 12 following: 3 13 "Sec. 102. Section 422.9, subsection 2, paragraph 3 14 g, Code 2001, is amended by striking the paragraph and 3 15 inserting in lieu thereof: 3 16 g. To the extent not otherwise included pursuant 3 17 to section 164 of the Internal Revenue Code, add the 3 18 amount of the annual registration fee paid for a motor 3 19 vehicle pursuant to section 321.113, subsection 4, or 3 20 section 321.113, subsection 5, paragraph "b", which is 3 21 based upon the value of the vehicle. For purposes of 3 22 this paragraph, sixty percent of the amount of the 3 23 registration fee is based upon the value of the motor 3 24 vehicle." 3 25 #4. Page 9, by inserting after line 32 the 3 26 following: 3 27 "Sec. . EFFECTIVE DATE. Sections 101 and 102 3 28 of this Act, amending sections 321.113 and 422.9, take 3 29 effect January 1, 2002." 3 30 #5. Title page, line 3, by inserting after the 3 31 word "permits," the following: "commercial vehicle 3 32 certificates of title,". 3 33 #6. Title page, line 3, by inserting after the 3 34 word "permits," the following: "flat registration 3 35 fees for older vehicles,". 3 36 #7. Title page, line 6, by inserting after the 3 37 word "transport" the following: ", and providing an 3 38 effective date". 3 39 #8. By renumbering, relettering, or redesignating 3 40 and correcting internal references as necessary. 3 41 SF 350H 3 42 nh/es/25
Text: S03493 Text: S03495 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
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