This bill modifies fees charged by motor vehicle dealers in Iowa, replacing documentary fees with administrative fees.
This bill changes the type of fee that motor vehicle dealers in Iowa can charge customers. It replaces documentary fees with administrative fees for services related to vehicle registration and title issuance. Dealers must include these fees in the vehicle price and disclose them in advertisements and purchase agreements. The bill also removes the maximum limit on the amount of these fees. Violators face penalties under state law.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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