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Senate Study Bill 1053 - IntroducedA Bill ForAn Act 1relating to registration fees for motor vehicles
2transferred to nonprofit entities for donation to
3individuals.
4BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 321.105A, subsection 2, paragraph c,
2Code 2017, is amended by adding the following new subparagraph:
3 NEW SUBPARAGRAPH. (022) A motor vehicle transferred to a
4nonprofit entity, which is exempt from federal income taxation
5pursuant to section 501(c)(3) of the Internal Revenue Code,
6for the purpose of donation to an individual served by the
7nonprofit entity, in a transaction in which no consideration is
8given.
9 Sec. 2. NEW SECTION. 321.118 Donated vehicles.
10The annual registration fee for a motor vehicle transferred
11to a nonprofit entity as described in section 321.105A,
12subsection 2, paragraph “c”, subparagraph (022), is ten
13dollars. After the nonprofit entity donates the motor
14vehicle to an individual served by the nonprofit entity, the
15registration fee for the motor vehicle shall be calculated
16pursuant to section 321.109.
17EXPLANATION
18The inclusion of this explanation does not constitute agreement with
19the explanation’s substance by the members of the general assembly.
20This bill relates to registration fees for motor vehicles
21transferred to nonprofit entities for donation to individuals.
22The bill provides an exemption from the fee for new
23registration for vehicles transferred to a nonprofit entity
24for the purpose of donation to an individual served by the
25nonprofit entity in a transaction involving no consideration.
26The bill also establishes an annual registration fee of $10
27for such vehicles and provides that, after the vehicle is
28donated from the nonprofit entity to the individual, the annual
29registration fee becomes the regular registration fee for the
30vehicle.
-1-ns/nh
2transferred to nonprofit entities for donation to
3individuals.
4BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 321.105A, subsection 2, paragraph c,
2Code 2017, is amended by adding the following new subparagraph:
3 NEW SUBPARAGRAPH. (022) A motor vehicle transferred to a
4nonprofit entity, which is exempt from federal income taxation
5pursuant to section 501(c)(3) of the Internal Revenue Code,
6for the purpose of donation to an individual served by the
7nonprofit entity, in a transaction in which no consideration is
8given.
9 Sec. 2. NEW SECTION. 321.118 Donated vehicles.
10The annual registration fee for a motor vehicle transferred
11to a nonprofit entity as described in section 321.105A,
12subsection 2, paragraph “c”, subparagraph (022), is ten
13dollars. After the nonprofit entity donates the motor
14vehicle to an individual served by the nonprofit entity, the
15registration fee for the motor vehicle shall be calculated
16pursuant to section 321.109.
17EXPLANATION
18The inclusion of this explanation does not constitute agreement with
19the explanation’s substance by the members of the general assembly.
20This bill relates to registration fees for motor vehicles
21transferred to nonprofit entities for donation to individuals.
22The bill provides an exemption from the fee for new
23registration for vehicles transferred to a nonprofit entity
24for the purpose of donation to an individual served by the
25nonprofit entity in a transaction involving no consideration.
26The bill also establishes an annual registration fee of $10
27for such vehicles and provides that, after the vehicle is
28donated from the nonprofit entity to the individual, the annual
29registration fee becomes the regular registration fee for the
30vehicle.
-1-ns/nh