H.F. 2120 Section 1. Section 321.105A, subsection 2, paragraph c, 1 Code 2022, is amended by adding the following new subparagraph: 2 NEW SUBPARAGRAPH . (022) A motor vehicle transferred to a 3 nonprofit entity, that is exempt from federal income taxation 4 pursuant to section 501(c)(3) of the Internal Revenue Code, to 5 be donated to an individual served by the nonprofit entity, in 6 a transaction in which no consideration is exchanged. 7 Sec. 2. NEW SECTION . 321.118 Donated vehicles. 8 The annual registration fee for a motor vehicle transferred 9 to a nonprofit entity as described in section 321.105A, 10 subsection 2, paragraph “c” , subparagraph (022), is ten 11 dollars. After the nonprofit entity donates the motor 12 vehicle to an individual served by the nonprofit entity, the 13 registration fee for the motor vehicle shall be calculated as 14 otherwise provided in this chapter. 15 EXPLANATION 16 The inclusion of this explanation does not constitute agreement with 17 the explanation’s substance by the members of the general assembly. 18 This bill relates to registration fees for motor vehicles 19 transferred to nonprofit entities for donation to individuals. 20 The bill provides an exemption from the fee for new 21 registration for vehicles transferred to a nonprofit entity to 22 be donated to an individual served by the nonprofit entity in a 23 transaction involving no exchange of consideration. The bill 24 also establishes an annual registration fee of $10 for such 25 vehicles and provides that, after the vehicle is donated from 26 the nonprofit entity to the individual, the annual registration 27 fee becomes the regular registration fee for the vehicle. 28 -1- LSB 5924HH (2) 89 th/ns 1/ 1