Bill Text: IA SF86 | 2015-2016 | 86th General Assembly | Introduced


Bill Title: A bill for an act relating to registration fees for motor vehicles transferred to nonprofit entities for donation to individuals.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-01-28 - Subcommittee, Bowman, Breitbach, and Quirmbach. S.J. 175. [SF86 Detail]

Download: Iowa-2015-SF86-Introduced.html
Senate File 86 - Introduced




                                 SENATE FILE       
                                 BY  FEENSTRA

                                 (COMPANION TO hf 2 BY
                                     HEARTSILL)

                                      A BILL FOR

  1 An Act relating to registration fees for motor vehicles
  2    transferred to nonprofit entities for donation to
  3    individuals.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
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PAG LIN



  1  1    Section 1.  Section 321.105A, subsection 2, paragraph c,
  1  2 Code 2015, is amended by adding the following new subparagraph:
  1  3    NEW SUBPARAGRAPH.  (022)  A motor vehicle transferred to a
  1  4 nonprofit entity which is exempt from federal income taxation
  1  5 pursuant to section 501(c)(3) of the Internal Revenue Code, in
  1  6 a transaction in which no consideration is given, and for the
  1  7 purpose of donation to an individual served by the nonprofit
  1  8 entity.
  1  9    Sec. 2.  NEW SECTION.  321.118  Donated vehicles.
  1 10    The annual registration fee for a motor vehicle transferred
  1 11 to a nonprofit entity pursuant to section 321.105A, subsection
  1 12 2, paragraph c, subparagraph (022) is ten dollars. Once the
  1 13 nonprofit entity donates the motor vehicle to an individual
  1 14 served by the nonprofit entity, the registration fee for the
  1 15 motor vehicle shall be calculated pursuant to section 321.109.
  1 16                           EXPLANATION
  1 17 The inclusion of this explanation does not constitute agreement with
  1 18 the explanation's substance by the members of the general assembly.
  1 19    This bill relates to registration fees for motor vehicles
  1 20 transferred to nonprofit entities for donation to individuals.
  1 21 The bill provides an exemption from the fee for new
  1 22 registration for vehicles transferred to a nonprofit entity in
  1 23 a transaction involving no consideration, and for the purpose
  1 24 of donation to an individual served by the nonprofit entity.
  1 25 The bill also establishes a registration fee of $10 for such
  1 26 vehicles and provides that, when the vehicle is donated from
  1 27 the nonprofit entity to the individual, the annual registration
  1 28 fee becomes the regular registration fee for the vehicle.
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