Providing an alternative to filing a bond as a condition of registering and titling certain motor vehicles

Sponsored by the Senate Transportation (companion To Hf 2316 By Committee on Transportation) Committee

Topics:Transportation

Same legislation: HF 2316

Write your legislators about itWhat changed before it passed

Official bill page Lobbyist declarations One-pager to print

Where it is now

Done: IntroducedFebruary 5, 2024
Skipped: SubcommitteeSkipped
Done: Senate committeeFebruary 13, 2024
Done: Passes the SenateMarch 20, 202448–0
Skipped: House committeeSkipped
Done: Passes the HouseFebruary 19, 202490–0
Done: To the GovernorApril 10, 2024
Done: Signed into lawApril 10, 2024

HF 2316 became law → The same legislation passed as HF 2316, so this version was set aside. Go to HF 2316 What’s a funnel?

What’s in it

Under current law, if a county treasurer or the department of transportation (DOT) is not satisfied as to the ownership of a vehicle or that there are no undisclosed security interests in it, or if a junking certificate has been issued for the vehicle but a certificate of title will not be reissued and the vehicle is years old or older, the county treasurer or DOT may register the vehicle. However, as a condition of registration, and before issuing a certificate of title and registration receipt, the county treasurer or DOT must require the applicant to file a bond with the DOT.

Read the full explanation

The bond must be accompanied by the deposit of cash with the DOT or also executed by a person authorized to conduct a surety business in Iowa. This bill requires a person applying for registration and certificate of title for such a vehicle to first receive approval by the DOT and, depending on the DOT’s determination on the value and age of the vehicle, the applicant may not be required to file a bond. If the DOT determines the value of the vehicle is $1,000 or less and the vehicle is model years old or older, the DOT must notify the applicant, and the DOT or county treasurer may issue a certificate of title and registration receipt. The applicant is required to apply for a certificate of title and registration within days of the DOT’s notification of determination. However, if the DOT determines the value of the vehicle is more than $1,000 or the vehicle is less than model years old, the applicant is required to file bond with the DOT in accordance with current law.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Iowa Code it changes

Amends§321.24 §321.52

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Lobbying

3 for · 0 against · 9 undecided · Who →

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

90th General Assembly

HF 2316Became lawHouse companion SF 2308Didn’t advanceSenate companion

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.