Bill Text: IA SF2266 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to annual aircraft registration fees, and making appropriations.(Formerly SF 2070.)
Spectrum: Committee Bill
Status: (Introduced - Dead) 2024-03-27 - Subcommittee recommends amendment and passage. []. [SF2266 Detail]
Download: Iowa-2023-SF2266-Introduced.html
Senate
File
2266
-
Introduced
SENATE
FILE
2266
BY
COMMITTEE
ON
TRANSPORTATION
(SUCCESSOR
TO
SF
2070)
A
BILL
FOR
An
Act
relating
to
annual
aircraft
registration
fees,
and
1
making
appropriations.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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2266
Section
1.
Section
328.21,
subsections
1,
2,
and
5,
Code
1
2024,
are
amended
to
read
as
follows:
2
1.
Unless
otherwise
provided
in
this
section
,
for
the
first
3
registration,
a
sum
equal
to
one
and
one-half
percent
of
the
4
manufacturer’s
list
price
of
the
aircraft,
not
to
exceed
five
5
seven
thousand
dollars.
6
2.
The
second
year’s
registration
fee
is
seventy-five
7
hundredths
of
one
and
one
hundred
twenty-five
thousandths
8
percent
of
the
manufacturer’s
list
price
of
the
aircraft;
9
the
third
year’s
fee
is
fifty
seventy-five
hundredths
of
10
one
percent;
and
the
fourth
and
subsequent
year’s
fee
is
11
twenty-five
hundredths
three
hundred
seventy-five
thousandths
12
of
one
percent.
When
an
aircraft
other
than
a
new
aircraft
is
13
registered
in
Iowa,
the
registration
fee
shall
be
based
upon
14
the
number
of
years
the
aircraft
was
previously
registered.
15
However,
an
aircraft
shall
not
be
registered
for
a
fee
of
less
16
than
thirty-five
one
hundred
dollars
or
more
than
five
seven
17
thousand
dollars.
18
5.
An
aircraft
thirty
years
old
or
older,
which
is
used
19
exclusively
for
noncommercial
purposes,
shall
be
registered
20
as
an
antique
aircraft
for
a
fee
of
thirty-five
one
hundred
21
dollars.
22
Sec.
2.
Section
328.56,
Code
2024,
is
amended
by
adding
the
23
following
new
subsection:
24
NEW
SUBSECTION
.
3.
Four
and
one-half
percent
of
moneys
25
deposited
in
the
fund
pursuant
to
section
328.36
are
26
appropriated
to
the
department
to
award
grants
for
vertical
27
infrastructure
projects
at
commercial
service
airports
within
28
the
state
and
one
and
one-half
percent
of
moneys
deposited
in
29
the
fund
pursuant
to
section
328.36
are
appropriated
to
the
30
department
to
award
grants
for
vertical
infrastructure
projects
31
at
general
aviation
airports
within
the
state.
32
EXPLANATION
33
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
34
the
explanation’s
substance
by
the
members
of
the
general
assembly.
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Under
current
law,
annual
aircraft
registration
fees
are
1
paid
to
the
department
of
transportation
(DOT)
and
deposited
in
2
the
state
aviation
fund
(fund).
Moneys
in
the
fund,
including
3
moneys
deposited
from
sources
other
than
annual
aircraft
4
registration
fees,
are
appropriated
to
the
DOT
and
may
be
used
5
for
airport
engineering
studies,
construction
or
improvements,
6
the
windsock
program
for
public
airports,
or
marketing
at
7
commercial
service
airports.
The
fee
for
the
first
year
of
8
aircraft
registration
is
1
percent
of
the
manufacturer’s
list
9
price
of
the
aircraft.
Each
year
thereafter,
the
fee
is
10
reduced
by
.25
percent
of
the
manufacturer’s
list
price
of
the
11
aircraft
until
the
fee
is
set
at
.25
percent
for
the
fourth
and
12
subsequent
registration
years.
The
minimum
registration
fee
is
13
$35
and
the
maximum
fee
is
$5,000.
14
This
bill
increases
the
annual
aircraft
registration
15
fee
for
the
first
year
from
1
percent
to
1.5
percent.
Each
16
year
thereafter,
the
fee
is
reduced
by
.375
percent
of
the
17
manufacturer’s
list
price
of
the
aircraft
until
the
fee
is
18
set
at
.375
percent
for
the
fourth
and
subsequent
years.
The
19
minimum
registration
fee
is
increased
to
$100
and
the
maximum
20
fee
is
increased
to
$7,000.
Aircraft
registration
fees
are
21
owed
for
the
registration
year,
as
described
in
Code
chapter
22
328,
of
each
aircraft.
23
Additionally,
the
bill
appropriates
4.5
percent
of
moneys
24
deposited
into
the
fund
as
a
result
of
annual
aircraft
25
registration
fees
and
special
certificates
to
the
DOT
to
award
26
grants
for
commercial
service
airport
vertical
infrastructure
27
projects,
and
1.5
percent
of
such
moneys
to
the
DOT
to
award
28
grants
for
general
aviation
airport
vertical
infrastructure
29
projects.
The
general
assembly
regularly
appropriates
moneys
30
from
the
rebuild
Iowa
infrastructure
fund
for
such
grants.
31
Those
grants
are
required
to
be
used
for
terminal
improvements
32
and
must
be
matched
by
a
90
percent
contribution
from
the
33
airport.
Grants
under
the
bill
are
not
subject
to
these
34
limitations.
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