Bill
Bill > SSB1059
IA SSB1059
IA SSB1059A bill for an act relating to administrative fees charged by motor vehicle dealers, and making penalties applicable.
summary
Introduced
01/28/2025
01/28/2025
In Committee
01/28/2025
01/28/2025
Crossed Over
Passed
Dead
Introduced Session
91st General Assembly
Bill Summary
S.F. _____ Under current law, a motor vehicle dealer (dealer) is authorized to charge a documentary fee not to exceed $180 for each motor vehicle sold in a transaction. A “documentary fee” is a fee charged to a customer by a dealer for the preparation of documents related to an application for motor vehicle registration and an application for issuance of a certificate of title, and the performance of other related services for the customer, but does not include any costs or fees charged to a dealer or a dealer’s customer by a third party. A dealer who charges a documentary fee is required to include the fee in the price of the motor vehicle, in advertisements for the vehicle, and when making or accepting an offer for the vehicle. A dealer is required to clearly and conspicuously disclose a specific notice of the fee in any motor vehicle purchase agreement with a customer. This bill authorizes a dealer to charge an administrative fee, rather than a documentary fee, to a customer for performing services, related to the sale of a motor vehicle, on behalf of the customer. The bill strikes the maximum amount a dealer is authorized to charge for such a fee. The bill makes conforming changes to the required notice. A person who violates Code section 322.19A commits unlawful practice under Code section 714.16. Several types of remedies are available if a court finds that a person has committed an unlawful practice, including injunctive relief, disgorgement of moneys or property, and a civil penalty not to exceed $40,000 per violation.
Committee Categories
Transportation and Infrastructure
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Transportation (S)
Last Action
Subcommittee reassigned: Lofgren, Dickey, and Townsend. (on 02/11/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=SSB1059 |
BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/SSB1059.html |
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