IA
Iowa Senate Bill SSB3087

Iowa 2023-2024 Regular Session

Iowa Senate Bill SSB3087

Introduced
1/18/24  
Introduced
1/18/24  

Caption

A bill for an act requiring a vehicle history report prior to the sale of certain motor vehicles by a dealer, and making penalties applicable.

Impact

The implementation of SSB3087 stands to significantly alter the current legal landscape governing motor vehicle sales. Dealers who fail to comply with the new requirement will face penalties including fines ranging from $250 to $1,500 and potential imprisonment for up to 30 days, marking a shift towards stricter enforcement of standards aimed at safeguarding consumer interests. This heightened regulatory oversight may lead to increased accountability among dealers, as they will need to ensure compliance to avoid punitive measures.

Summary

Senate Study Bill 3087 (SSB3087) introduces a requirement for motor vehicle dealers in Iowa to obtain a vehicle history report before selling or conducting retail auctions of motor vehicles sourced from outside the state. This new mandate is aimed at enhancing consumer protection by ensuring that potential buyers receive vital information regarding a vehicle's background, including details on titles, recalls, insurance claims, accidents, damage, and thefts associated with the vehicle. This report is defined in the bill as a comprehensive overview based on the unique vehicle identification number (VIN).

Contention

One notable point of contention surrounding SSB3087 may revolve around its implications for dealership operations, particularly those that depend heavily on sourcing vehicles from out of state. While proponents argue that the bill strengthens consumer rights and fosters a transparent marketplace, critics might express concerns regarding the burden of additional administrative responsibilities placed on dealers, potentially increasing costs associated with compliance. Furthermore, some stakeholders may argue that such requirements could inadvertently limit the availability of vehicles for sale, which could negatively affect consumers seeking affordable options.

Companion Bills

No companion bills found.

Previously Filed As

IA HF2213

A bill for an act relating to optional equipment and subscription service fees included with the sale of motor vehicles by licensed motor vehicle dealers, and making penalties applicable.

IA HF493

A bill for an act relating to optional equipment and subscription service fees included with the sale of motor vehicles by licensed motor vehicle dealers, and making penalties applicable.

IA SF28

A bill for an act requiring the use of safety belts or safety harnesses by passengers of motor vehicles, and making penalties applicable.

IA SF492

A bill for an act relating to the acquisition of certain vehicles by a vehicle recycler, and making penalties applicable.(Formerly SF 292.)

IA SSB1059

A bill for an act relating to administrative fees charged by motor vehicle dealers, and making penalties applicable.

IA HF592

A bill for an act relating to licensed vehicle dealers, including vehicles for resale subject to a security interest and remote sales of motor vehicles. (Formerly HSB 168.) Effective date: 07/01/2023.

IA SSB1181

A bill for an act relating to certain place-of-business requirements for licensed motor vehicle dealers who conduct sales via the internet and deliver vehicles to buyers.(See SF 504.)

IA HF357

A bill for an act relating to the acquisition of certain vehicles by a vehicle recycler, and making penalties applicable.

IA SF504

A bill for an act relating to certain place-of-business requirements for licensed motor vehicle dealers who conduct sales via the internet and deliver vehicles to buyers.(Formerly SSB 1181.)

IA HSB168

A bill for an act relating to certain place-of-business requirements for licensed motor vehicle dealers who conduct sales via the internet and deliver vehicles to buyers.(See HF 592.)

Similar Bills

No similar bills found.