Senate Amendment 3154


PAG LIN




     1  1    Amend Senate File 418 as follows:
     1  2 #1.  Page 1, by inserting before line 1 the
     1  3 following:
     1  4    <Section 1.  Section 321.1, Code 2007, is amended
     1  5 by adding the following new subsections:
     1  6    NEW SUBSECTION.  7A.  "Business trade truck" means
     1  7 a motor truck with an unladen weight of seven thousand
     1  8 five hundred pounds or less that is any of the
     1  9 following:
     1 10    a.  Owned, leased, or used by a person who files a
     1 11 schedule C form with the federal internal revenue
     1 12 service.
     1 13    b.  Eligible for depreciation under 26 U.S.C. }
     1 14 167.
     1 15    c.  Owned, leased, or used by a person engaged in a
     1 16 business or trade and regularly used to haul supplies,
     1 17 trade tools, equipment, merchandise, or freight for
     1 18 that business or trade.
     1 19    NEW SUBSECTION.  95.  "Farm truck" means a motor
     1 20 truck with an unladen weight of seven thousand five
     1 21 hundred pounds or less that is any of the following:
     1 22    a.  Owned, leased, or used by a person who files a
     1 23 schedule F form with the federal internal revenue
     1 24 service.
     1 25    b.  Eligible for depreciation under 26 U.S.C. }
     1 26 167.
     1 27    c.  Owned, leased, or used by a person who is
     1 28 engaged in the production of farm products, including
     1 29 but not limited to crops, energy, livestock, or
     1 30 poultry, equal in value to more than one thousand
     1 31 dollars annually.>
     1 32 #2.  Page 1, line 8, by striking the figure and
     1 33 words <321.122, special trucks> and inserting the
     1 34 following:  <321.120, 321.121, or 321.122>.
     1 35 #3.  Page 2, by inserting after line 20 the
     1 36 following:
     1 37    <Sec.    .  NEW SECTION.  321.120  BUSINESS TRADE
     1 38 TRUCKS AND FARM TRUCKS.
     1 39    1.  The annual registration fee for a business
     1 40 trade truck or farm truck shall be determined pursuant
     1 41 to section 321.122, subsection 1, paragraph "a" or
     1 42 "b".
     1 43    2.  Upon application for a new registration or a
     1 44 renewal, an owner who registers a 2009 or subsequent
     1 45 model year vehicle as a business trade truck or farm
     1 46 truck may be required to provide proof or certify by
     1 47 signed affidavit that the vehicle meets the definition
     1 48 of a business trade truck or farm truck.  The
     1 49 department may adopt rules as necessary to prescribe
     1 50 the documentation required as proof or certification
     2  1 under this subsection.
     2  2    3.  If the department determines by audit or other
     2  3 means that a person has registered a vehicle as a
     2  4 business trade truck or farm truck that is not
     2  5 qualified for such registration, the person may be
     2  6 required to pay regular registration fees applicable
     2  7 to the vehicle under section 321.109 or 321.113, in
     2  8 addition to any other penalty or sanction imposed by
     2  9 law.>
     2 10 #4.  Page 2, line 25, by inserting after the word
     2 11 <trucks> the following:  <, other than business trade
     2 12 trucks and farm trucks,>.
     2 13 #5.  By renumbering as necessary.
     2 14
     2 15
     2 16                               
     2 17 EUGENE S. FRAISE
     2 18 SF 418.501 82
     2 19 dea/je/7535

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