Senate File 146 - Introduced



                                       SENATE FILE       
                                       BY  McKINLEY


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act allowing certain motorcycle manufacturers to be licensed
  2    as motor vehicle dealers.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 1039SS 82
  5 dea/je/5

PAG LIN



  1  1    Section 1.  Section 322.3, subsection 14, Code 2007, is
  1  2 amended by adding the following new paragraph:
  1  3    NEW PARAGRAPH.  f.  A small business that is a manufacturer
  1  4 of motorcycles from owning an interest in, operating, or
  1  5 controlling a motor vehicle dealer of the motorcycles
  1  6 manufactured by that manufacturer or from being licensed as a
  1  7 motor vehicle dealer only of the motorcycles manufactured by
  1  8 that manufacturer.  For purposes of this paragraph, "small
  1  9 business" means an entity whose primary place of business is
  1 10 located in this state that employed not more than fifty
  1 11 full=time equivalent employees during its preceding tax year.
  1 12                           EXPLANATION
  1 13    This bill provides an exception to the prohibition against
  1 14 licensure of motor vehicle manufacturers as motor vehicle
  1 15 dealers.  Under the bill, a small business that manufactures
  1 16 motorcycles could own an interest in, operate, or control a
  1 17 motor vehicle dealer of those motorcycles or be licensed as a
  1 18 dealer only of the motorcycles manufactured by that
  1 19 manufacturer.  An entity whose primary place of business is
  1 20 located in Iowa with not more than 50 full=time equivalent
  1 21 employees is considered a small business under the definition
  1 22 provided in the bill.
  1 23 LSB 1039SS 82
  1 24 dea:nh/je/5.1