Senate
File
230
-
Enrolled
Senate
File
230
AN
ACT
RELATING
TO
WRECKED
OR
SALVAGE
MOTOR
VEHICLES.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
321.52,
subsection
4,
paragraph
e,
Code
2021,
is
amended
to
read
as
follows:
e.
For
purposes
of
this
subsection
,
“wrecked
or
salvage
vehicle”
means
a
damaged
motor
vehicle
subject
to
registration
for
which
the
cost
of
repair
exceeds
fifty
seventy
percent
of
the
fair
market
value
of
the
vehicle,
as
determined
in
accordance
with
rules
adopted
by
the
department,
before
it
the
vehicle
became
damaged.
Sec.
2.
Section
321H.2,
subsection
12,
Code
2021,
is
amended
to
read
as
follows:
12.
“Wrecked
or
salvage
vehicle”
means
a
damaged
vehicle
for
which
the
cost
of
repair
exceeds
fifty
seventy
percent
of
the
Senate
File
230,
p.
2
fair
market
value
of
the
vehicle
before
it
the
vehicle
became
damaged.
______________________________
JAKE
CHAPMAN
President
of
the
Senate
______________________________
PAT
GRASSLEY
Speaker
of
the
House
I
hereby
certify
that
this
bill
originated
in
the
Senate
and
is
known
as
Senate
File
230,
Eighty-ninth
General
Assembly.
______________________________
W.
CHARLES
SMITHSON
Secretary
of
the
Senate
Approved
_______________,
2021
______________________________
KIM
REYNOLDS
Governor