House File 2273 S-5115 Amend the amendment, S-5111, to House File 2273, as 1 passed by the House, as follows: 2 1. Page 1, by striking lines 5 through 10 and 3 inserting: 4 << Sec. ___. Section 321.46, subsection 3, 5 unnumbered paragraph 1, Code 2014, is amended to read 6 as follows: 7 The applicant shall be entitled to a credit for 8 that portion of the annual registration fee of the 9 vehicle sold, traded, transferred, or junked which 10 had not expired prior to the transfer of ownership of 11 the vehicle. The annual registration fee for the new 12 registration for the vehicle acquired shall be reduced 13 by the amount of the credit. The credit shall be 14 computed on the basis of the number of months remaining 15 in the registration year, rounded to the nearest whole 16 dollar. The credit shall be subject to the following 17 limitations: 18 Sec. ___. Section 321.46, subsection 3, paragraphs 19 a and b, Code 2014, are amended to read as follows: 20 a. The credit shall be claimed within six months 21 from the date the vehicle for which credit is granted 22 was sold, traded, transferred, or junked. After six 23 months, all credits shall be disallowed. 24 b. Any credit granted to the owner of a vehicle 25 which has been sold, traded, transferred, or junked 26 may only be claimed by that person toward the annual 27 registration fee for another vehicle purchased and the 28 credit may not be sold, transferred, or assigned to any 29 other person. >> 30 ______________________________ HERMAN C. QUIRMBACH -1- S5111.3715 (2) 85 md/sc 1/ 1 #1.