Bills › 89th General Assembly
Relating to the transfer of ownership of certain foreign vehicles
Sponsored by the Senate Transportation Committee
Topics:Transportation
Where it is now
- Done: IntroducedJanuary 19, 2022
- Done: SubcommitteeJanuary 19, 2022
- Done: Senate committeeFebruary 9, 2022
- Done: Passes the SenateMarch 23, 202250–0
- Skipped: House committeeSkipped
- Done: Passes the HouseFebruary 23, 202296–0
- Done: To the GovernorApril 21, 2022
- Done: Signed into lawApril 21, 2022
HF 2341 became law → The same legislation passed as HF 2341, so this version was set aside. Go to HF 2341 What’s a funnel?
What’s in it
AI summary Currently, people selling out-of-state cars don't always need an Iowa title if they are selling to a car dealer and paying off a loan. This change allows that same rule to apply when someone transfers an out-of-state vehicle to an insurance company. This makes it easier for insurance companies to take ownership of vehicles during certain transfers.1
Read the official explanation
Under current law, a person who owns but does not physically possess the certificate of title to a foreign (out-of-state) vehicle may apply to register the foreign vehicle and the county treasurer may issue a registration receipt and registration plates if the required registration fees are paid, but cannot issue a certificate of title. A county treasurer must issue a certificate of title when the certificate of title from the foreign state is surrendered. Generally, an Iowa certificate of title is required to transfer ownership of a vehicle. 48. This bill extends the exception to also include foreign vehicles transferred to an insurance carrier authorized to do business in Iowa.
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