Bills › 90th General Assembly
Relating to transactions involving used catalytic converters, and providing fees
Sponsored by the House Ways and Means Committee
Topics:Business & economy
Where it is now
- Done: IntroducedApril 10, 2023
- Skipped: SubcommitteeSkipped
- Done: House committeeApril 13, 2023
- Done: Passes the HouseApril 13, 202399–0
- Stopped: Senate committeeDied when the General Assembly ended
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
27A, in which the seller of a used catalytic converter operates a business at a fixed location in this state, the seller must provide to the purchaser a copy of the seller’s valid sales tax permit issued pursuant to Code chapter 423. This bill authorizes such a seller to alternatively provide a copy of the seller’s valid business license or permit or a copy of the person’s certificate of registration as an authorized seller. The seller of a catalytic converter operating a business at a fixed location in another state is authorized to provide a copy of the person’s valid business license or permit from the other state under current law.
Read the full explanation
The bill adds persons registered as an authorized seller or authorized purchaser to the list of persons eligible to conduct a business transaction involving a used catalytic converter. A person may become an authorized seller or purchaser by registering as such with the department of revenue (DOR). The registration fee is $100 and the authorization is valid for one year. The fee must be deposited in the general fund of the state. A person who conducts a business transaction on behalf of another person is considered an authorized seller or purchaser if the other person on whose behalf the person is conducting a transaction is an authorized seller or purchaser. DOR is required to adopt administrative rules including but not limited to rules requiring a person applying for registration as an authorized seller or purchaser to provide the person’s residential address or business address at a fixed location and rules providing for issuance of a certificate of registration as an authorized seller or purchaser. For transactions other than business transactions under current law, the person selling the used catalytic converter is required to provide to the purchaser an original receipt or invoice for a replacement catalytic converter purchased fewer than days before the person sells the replaced catalytic converter, or a junking certificate for a vehicle that was issued fewer than days before the person sells the catalytic converter. The bill authorizes a seller to provide a signed affidavit attesting to the seller’s valid ownership of the catalytic converter instead of the original receipt, invoice, or junking certificate.27A.27A is subject to a civil penalty ranging from $1,000 to $10,000 based on the number of violations that occur within a two-year period.27A(3) is evidence from which the court or jury may infer culpability relating to the theft of a catalytic converter.27A to be subject to the corresponding civil or criminal penalty, as applicable.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
Senate subcommittee
Named April 17, 2024. It hasn’t reported yet.
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
Fiscal note
Cost: up to $100,000 Compare with other bills
According to the IDR, the estimated administrative and IT cost to develop a registration system is approximately $100,000. This is a one-time cost. There will also be a positive annual impact to the General Fund when individuals register with the IDR and remit the $100 registration fee. However, the overall fiscal impact cannot be determined at this time.
- Used Catalytic Converter Transactions · April 12, 2023
Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note
Iowa Code it changes
Amends§714.27A
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
2 for · 0 against · 5 undecided · Who →
Similar bills
- HF 2707 Relating to transactions involving used catalytic converters90th General Assembly · Signed by GovernorSimilar
Matched by the wording of each bill’s explanation, or an identical title. Companion bills and renumbered versions of this bill aren’t listed; they’re the same bill.