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 licensed vehicle recyclers for scrap or junk, provided the vehicle is acquired for less than $1,000. The bill introduces a requirement for recyclers to verify, using 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