This bill amends Section 321.52 of the Iowa Code regarding the acquisition of certain vehicles by licensed vehicle recyclers. It allows vehicle owners without a certificate of title or junking certificate to dispose of vehicles that are twelve model years old or older to a licensed vehicle recycler for scrap or junk, provided the vehicle is acquired for less than $1,000. The bill introduces a requirement for recyclers to verify, using their access to the state records system, that there are no lienholders with a security interest in the vehicle before acquisition. However, recyclers are exempt from this verification if they acquire the vehicle from a scrap metal dealer.

Additionally, the bill establishes that violations of its provisions will be classified as a simple misdemeanor, carrying a scheduled fine of $135. This legislative change aims to streamline the process for vehicle disposal while ensuring that recyclers are held accountable for verifying ownership and lien status.

Statutes affected:
Introduced: 321.52