This bill amends the registration and titling requirements for certain trailers in Iowa. Specifically, it removes the exemption for trailers with an empty weight of 2,000 pounds or less from the certificate of title and lien provisions, meaning that these trailers will now require a certificate of title and be subject to lien regulations. Additionally, the bill eliminates the exemption for farm trailers from the annual registration fee, which is set at $20 for trailers weighing 2,000 pounds or less and $30 for those over that weight.

The bill also establishes a fee of $30 for the issuance of a certificate of title, along with a $5 surcharge that must be deposited into the statutory allocations fund. The changes aim to standardize the registration and titling process for trailers, ensuring that all trailers, regardless of weight, are subject to the same legal requirements. However, the bill maintains the existing exemption regarding the gross weight of trailers in calculating the registered combined gross weight of motor trucks used in certain farming operations.

Statutes affected:
Introduced: 321.50, 321.123