88th General Assembly · Iowa Funnel one-pager · Thursday, November 12, 2026
SF 2290: Restricting the price a motor vehicle dealer may charge for voluntary debt cancellation coverage and making penalties applicable
Died when the session ended · The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.
What it does
This bill restricts the price a motor vehicle dealer may charge for voluntary debt cancellation coverage. The bill prohibits a motor vehicle dealer from charging an amount for voluntary debt cancellation coverage that is in excess of 115 percent of the cost the motor vehicle dealer paid to a third-party vendor for the voluntary debt cancellation coverage. Pursuant to Code section 322.14, subsection 1, a motor vehicle dealer who violates this prohibition is guilty of a simple misdemeanor punishable by a fine of not less than $250 and not more than $1,500 or by imprisonment not to exceed days.
Sponsors
Not listed
Cost
No fiscal note
In plain words
- February 18, 2020Filed in the Senate and sent to the Transportation committee
From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Thursday, November 12, 2026. https://iowafunnel.com/bills/88/SF2290