This bill amends Section 481A.95 of the Iowa Code to establish a maximum annual license fee of $50 for both resident and nonresident fur dealers. The current fees are significantly higher, with resident licenses costing $264 and nonresident licenses costing $586.50 annually, or $292.50 for a single day and location. The bill aims to simplify the licensing process and reduce the financial burden on fur dealers in Iowa.

Additionally, the bill removes the existing provisions that allow for varying fees based on residency and reciprocity agreements with other states. This change means that all fur dealers, regardless of their state of residence, will pay the same maximum fee of $50, streamlining the licensing process and making it more accessible for fur dealers operating in Iowa.

Statutes affected:
Introduced: 481A.95