S-5115

   Amend  the amendment, S-5111, to House File 2273, as passed by the House, as follows:
   1.  Page 1, by striking lines 5 through 10 and inserting: 
   <<Sec. ___.  Section 321.46, subsection 3, unnumbered paragraph 1, Code 2014, is amended to read as follows:

   The applicant shall be entitled to a credit for that portion of the annual registration fee of the vehicle sold, traded, transferred, or junked which had not expired prior to the transfer of ownership of the vehicle. The annual registration fee for the new registration for the vehicle acquired shall be reduced by the amount of the credit. The credit shall be computed on the basis of the number of months remaining in the registration year, rounded to the nearest whole dollar. The credit shall be subject to the following limitations:
   Sec. ___.  Section 321.46, subsection 3, paragraphs a and b, Code 2014, are amended to read as follows:
   a.  The credit shall be claimed within six months from the date the vehicle for which credit is granted was sold, traded, transferred, or junked. After six months, all credits shall be disallowed.
   b.  Any credit granted to the owner of a vehicle which has been sold, traded, transferred, or junked may only be claimed by that person toward the annual registration fee for another vehicle purchased and the credit may not be sold, transferred, or assigned to any other person.>>

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HERMAN C. QUIRMBACH