SF 292: Relating to the acquisition of certain vehicles by a vehicle recycler, and making penalties applicable

What it does

Under current law, the purchaser or transferee of a motor vehicle sold for scrap or junk is required to surrender the certificate of title, properly endorsed and signed by the previous owner, to a county treasurer, and apply for a junking certificate from the county treasurer, within days after assignment of the certificate of title. However, a vehicle owner may dispose of the vehicle to a vehicle recycler licensed under Code chapter 321H (vehicle recyclers) for scrap or junk without presenting a certificate of title or a junking certificate if the vehicle is model years old or older and is acquired by the vehicle recycler for reasonable consideration equaling less than $1,000.

Senate subcommittee · named February 18, 2025

• Sen. Tom Shipley (R) · tom.shipley@legis.iowa.gov
• Sen. Liz Bennett (D) · liz.bennett@legis.iowa.gov
• Sen. Carrie Koelker (R) · carrie.koelker@legis.iowa.gov

Lobbying · 1 for, 2 against

For: Iowa Independent Automobile Dealers Association

Against: Iowa Automobile Recyclers Association; Iowa Independent Automobile Dealers Association

In plain words

1. February 12, 2025Filed in the Senate and sent to the Transportation committee
2. February 18, 2025Senate subcommittee named: Shipley, Bennett and Koelker
3. March 3, 2025Subcommittee recommended passing it with changes
4. March 4, 2025Approved by the Senate committee, and given a new number: SF 492