Bill Text: IA SF2362 | 2023-2024 | 90th General Assembly | Enrolled
Bill Title: A bill for an act relating to residential and motor vehicle service contracts and licenses. (Formerly SSB 3139.) Effective date: 07/01/2024.
Spectrum: Committee Bill
Status: (Passed) 2024-04-19 - Signed by Governor. S.J. 953. [SF2362 Detail]
Download: Iowa-2023-SF2362-Enrolled.html
Senate
File
2362
-
Enrolled
Senate
File
2362
AN
ACT
RELATING
TO
RESIDENTIAL
AND
MOTOR
VEHICLE
SERVICE
CONTRACTS
AND
LICENSES.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
523C.4,
subsection
2,
Code
2024,
is
amended
to
read
as
follows:
2.
An
application
for
renewal
shall
include
the
information
required
for
an
initial
license
as
described
in
section
523C.3,
subsection
1
,
paragraphs
“a”
through
“e”
,
and,
if
applicable,
a
list
of
each
service
contract
form
the
service
company
continues
to
use
and
issue
in
the
state,
including
the
service
contract
form
name,
number,
and
the
date
the
form
was
last
revised
.
Sec.
2.
Section
523C.4,
subsection
3,
paragraph
c,
Code
2024,
is
amended
to
read
as
follows:
c.
If
applicable,
a
fee
in
the
amount
of
thirty-five
dollars
for
each
new
motor
vehicle
service
contract
form
submitted
with
the
renewal
application
pursuant
to
subsection
2
,
and
as
provided
in
section
523C.3,
subsection
1
,
paragraph
“f”
filed
with
the
commissioner
since
the
license
was
last
issued,
and
for
each
motor
vehicle
service
contract
form
the
service
company
continues
to
use
and
issue
in
the
state
.
Sec.
3.
Section
523C.7,
subsection
1,
Code
2024,
is
amended
by
adding
the
following
new
paragraph:
NEW
PARAGRAPH
.
d.
Files
the
service
contract
form
with
the
commissioner.
A
service
company
shall
notify
the
commissioner
Senate
File
2362,
p.
2
of
any
material
changes
to
a
service
contract
form
that
has
been
filed
prior
to
using
the
service
contract
in
this
state.
Sec.
4.
Section
523C.7,
subsection
2,
paragraph
l,
Code
2024,
is
amended
by
adding
the
following
new
subparagraph:
NEW
SUBPARAGRAPH
.
(3)
A
service
company
shall
accept
cancellations
of
a
service
contract
from
a
contract
holder
pursuant
to
subparagraph
(1)
by
telephone,
electronic
mail,
mail,
or
any
other
cost-effective
and
accessible
method
of
communication.
______________________________
AMY
SINCLAIR
President
of
the
Senate
______________________________
PAT
GRASSLEY
Speaker
of
the
House
I
hereby
certify
that
this
bill
originated
in
the
Senate
and
is
known
as
Senate
File
2362,
Ninetieth
General
Assembly.
______________________________
W.
CHARLES
SMITHSON
Secretary
of
the
Senate
Approved
_______________,
2024
______________________________
KIM
REYNOLDS
Governor
