H.F. 57 Section 1. Section 321.105A, subsection 2, paragraph c, 1 Code 2017, is amended by adding the following new subparagraph: 2 NEW SUBPARAGRAPH . (022) A motor vehicle transferred to a 3 nonprofit entity, which is exempt from federal income taxation 4 pursuant to section 501(c)(3) of the Internal Revenue Code, 5 for the purpose of donation to an individual served by the 6 nonprofit entity, in a transaction in which no consideration is 7 given. 8 Sec. 2. NEW SECTION . 321.118 Donated vehicles. 9 The annual registration fee for a motor vehicle transferred 10 to a nonprofit entity as described in section 321.105A, 11 subsection 2, paragraph “c” , subparagraph (022), is ten 12 dollars. After the nonprofit entity donates the motor 13 vehicle to an individual served by the nonprofit entity, the 14 registration fee for the motor vehicle shall be calculated 15 pursuant to section 321.109. 16 EXPLANATION 17 The inclusion of this explanation does not constitute agreement with 18 the explanation’s substance by the members of the general assembly. 19 This bill relates to registration fees for motor vehicles 20 transferred to nonprofit entities for donation to individuals. 21 The bill provides an exemption from the fee for new 22 registration for vehicles transferred to a nonprofit entity 23 for the purpose of donation to an individual served by the 24 nonprofit entity in a transaction involving no consideration. 25 The bill also establishes an annual registration fee of $10 26 for such vehicles and provides that, after the vehicle is 27 donated from the nonprofit entity to the individual, the annual 28 registration fee becomes the regular registration fee for the 29 vehicle. 30 -1- LSB 1875YH (4) 87 ns/nh 1/ 1