Iowa SF300 amends vehicle title replacement procedures, fee structure, and applies retroactively.

Iowa SF300 modifies the process for replacing lost or destroyed vehicle certificates of title. It mandates that the owner or lienholder apply for a replacement copy upon surrendering the original title, with a fee of $30. The replacement copy must be marked as such and include any security interests or liens. The bill increases the fee a county treasurer can retain from 40% of the fee to $18, up from $12. It also specifies that a new purchaser can obtain an original title by presenting the replacement copy to a county treasurer.

Iowa SF300 amends vehicle title replacement procedures, fee structure, and applies retroactively.

Iowa SF300 modifies the process for replacing lost or destroyed vehicle certificates of title. It mandates that the owner or lienholder apply for a replacement copy upon surrendering the original title, with a fee of $30. The replacement copy must be marked as such and include any security interests or liens. The bill increases the fee a county treasurer can retain from 40% of the fee to $18, up from $12. It also specifies that a new purchaser can obtain an original title by presenting the replacement copy to a county treasurer.