Proyectos de ley › 89.ª Asamblea General

Dónde está ahora

  1. Hecho: Presentado12 de enero de 2021
  2. Hecho: Subcomité13 de enero de 2021
  3. Hecho: Comité del Senado2 de febrero de 2021
  4. Se saltó: Lo aprueba el SenadoSigue como SF 230
  5. Sigue: Comité de la Cámara
  6. Sigue: Lo aprueba la Cámara
  7. Sigue: A gobernador(a)
  8. Sigue: Firmado como ley

Ahora es SF 230 → Sigue avanzando con el número nuevo. Ir a SF 230 ¿Qué es el embudo (funnel)?

Qué contiene

La explicación oficial está en inglés; todavía no hay resumen en palabras sencillas.

Under current law, a wrecked or salvage vehicle is a damaged vehicle for which the cost of repair exceeds percent of the fair market value of the vehicle before the vehicle became damaged. This bill increases the cost of repair threshold to percent of the fair market value of the vehicle. By operation of law, the bill affects the definition of “salvage pool” under Code chapter 321, the circumstances under which a salvage certificate of title is required under Code section 321.52, the circumstances under which a damage disclosure statement under Code section 321.69 is required to indicate damage to a vehicle on the vehicle’s certificate of title, and the prohibited actions relating to vehicle rebuilding and restoration under Code section 321H.3.

Texto completo del proyecto (en inglés) · Qué cambió antes de aprobarse1

Senate subcommittee

Named January 13, 2021. On January 21, 2021 it recommended passage.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Nota fiscal

Resumen con IA This bill increases the repair cost threshold for a vehicle to be considered salvage from 50.0% to 70.0% of its fair market value. It is estimated to decrease state revenues by $290,000 annually, decrease fee revenue to local law enforcement agencies by $1.2 million, and decrease revenue to counties by $73,000. The Department of Transportation also estimates $7,000 in labor costs for information technology development that would be covered by its existing resources. (en inglés)2

Lea la nota fiscal (en inglés)

Description

Senate File 230 increases the threshold for the cost of repair to a damaged vehicle in order for the vehicle to be deemed wrecked or salvage from 50.0% to 70.0% of the vehicle’s fair market value.

Background

Currently, a vehicle is deemed wrecked or salvage if the cost to repair the vehicle exceeds 50.0% of the vehicle’s fair market value. Before the owner of a repaired vehicle can be issued a vehicle registration to operate the vehicle on public highways, the vehicle must undergo a salvage theft examination by a peace officer certified by the Iowa Law Enforcement Academy (ILEA). Under Iowa Code section 321.52(4)(d), the purpose of the examination is to determine whether the vehicle or repair components have been stolen and not whether a car is safe to operate. The current cost of an examination is $50. The local agency performing the examination retains $40; the remaining $10 is split evenly between the Road Use Tax Fund (RUTF) and the General Fund. The moneys in the General Fund are to be used by the ILEA to provide for the training and certification of officers performing salvage theft examinations. County treasurers are also authorized under Iowa Code section 321.152(1)(b) to retain $2.50 for each certificate of salvage title issued. In calendar year 2019, there were 48,783 salvage vehicle titles issued. CY 2019 is used for this calculation due to the pandemic.

Assumptions

  • The number of salvage theft examinations that will be completed annually beginning in FY 2022 will total 48,700, which is similar to the number completed in CY 2019.
  • Sixty percent of the vehicles issued a salvage title will be valued between 50.0% and 70.0% of the fair market value, resulting in 29,000 fewer vehicles receiving salvage theft examinations and salvage titles.

Fiscal Impact

Senate File 230 would decrease State revenues by $290,000 annually, which would be split evenly between the RUTF and the ILEA. In addition, there would be an estimated decrease in fee revenue of $1.2 million to the local law enforcement agencies that perform the examinations, and an estimated decrease of $73,000 to counties.

The Department of Transportation also estimates $7,000 for labor costs associated with information technology development that would be funded with the Department’s existing resources.

Sources

  • Iowa Department of Transportation
  • LSA calculations

El cálculo no cambió

  1. $290,000 3 de febrero de 2021
  2. $290,000 8 de febrero de 2021
  3. $290,000 7 de junio de 2021 · final
3

Cómo leer una nota fiscal4

Lo que cambia del Código de Iowa (Iowa Code)

Modifica§321.52§321H.2

Cómo funciona el Código5

Cabildeo

10 a favor · 2 en contra · 11 indecisos · Quiénes →

Family tree

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in an earlier General Assembly. None became law, though one got through a chamber.

  • SF 436 Relating to wrecked or salvage motor vehicles
    88th General Assembly · Passed Senate · same title
    Passed a chamber

Matched by wording or an identical title.