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