Bill Text: IA HF2707 | 2023-2024 | 90th General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: A bill for an act relating to transactions involving used catalytic converters. (Formerly HSB 751.) Effective date: 07/01/2024.
Spectrum: Committee Bill
Status: (Passed) 2024-05-17 - Signed by Governor. H.J. 941. [HF2707 Detail]
Download: Iowa-2023-HF2707-Amended.html
Bill Title: A bill for an act relating to transactions involving used catalytic converters. (Formerly HSB 751.) Effective date: 07/01/2024.
Spectrum: Committee Bill
Status: (Passed) 2024-05-17 - Signed by Governor. H.J. 941. [HF2707 Detail]
Download: Iowa-2023-HF2707-Amended.html
House
File
2707
-
Reprinted
HOUSE
FILE
2707
BY
COMMITTEE
ON
WAYS
AND
MEANS
(SUCCESSOR
TO
HSB
751)
(As
Amended
and
Passed
by
the
House
April
19,
2024
)
A
BILL
FOR
An
Act
relating
to
transactions
involving
used
catalytic
1
converters.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
HF
2707
(2)
90
th/ns/md
H.F.
2707
Section
1.
Section
714.27A,
subsection
2,
paragraphs
b
and
1
c,
Code
2024,
are
amended
to
read
as
follows:
2
b.
For
a
business
transaction
in
which
the
person
selling
3
the
catalytic
converter
operates
a
business
at
a
fixed
location
4
in
this
state,
the
person
shall
provide
to
the
purchaser
a
5
copy
of
the
person’s
valid
sales
tax
permit
issued
pursuant
to
6
chapter
423
or
a
copy
of
the
person’s
valid
business
license
7
or
permit
.
For
a
business
transaction
in
which
the
person
8
selling
the
catalytic
converter
operates
a
business
at
a
fixed
9
location
in
another
state
and
is
authorized
to
conduct
a
10
business
transaction
in
this
state,
the
person
shall
provide
11
to
the
purchaser
a
copy
of
the
person’s
valid
sales
tax
permit
12
issued
pursuant
to
chapter
423
,
if
the
person
has
such
a
13
permit,
or
a
copy
of
the
person’s
valid
business
license
or
14
permit
from
the
other
state.
If
a
person
is
unable
to
provide
15
the
documentation
required
in
this
paragraph,
the
person
shall
16
instead
comply
with
paragraph
“c”
.
17
c.
For
transactions
other
than
business
transactions,
the
18
person
selling
the
catalytic
converter
shall
provide
to
the
19
purchaser
an
original
receipt
or
invoice
for
a
replacement
20
catalytic
converter
purchased
fewer
than
thirty
days
before
21
the
person
sells
the
replaced
catalytic
converter,
a
signed
22
affidavit
attesting
to
the
seller’s
valid
ownership
of
the
23
catalytic
converter,
or
a
junking
certificate
for
a
vehicle
24
that
was
issued
fewer
than
thirty
days
before
the
person
sells
25
the
catalytic
converter.
26
(1)
The
receipt,
invoice,
affidavit,
or
junking
certificate
27
presented
by
the
person
to
the
purchaser
must
be
unmarked
by
a
28
purchaser
pursuant
to
subsection
3
.
29
(2)
This
paragraph
does
not
apply
to
a
transaction
if
the
30
person
presents
proof,
unmarked
pursuant
to
subsection
3
,
to
31
the
purchaser
that
the
sale
is
approved
by
the
sheriff
of
the
32
county
in
which
the
vehicle
from
which
the
catalytic
converter
33
was
removed
is
registered.
34
Sec.
2.
Section
714.27A,
subsection
3,
paragraph
b,
Code
35
-1-
HF
2707
(2)
90
th/ns/md
1/
2
H.F.
2707
2024,
is
amended
to
read
as
follows:
1
b.
A
person
who
purchases
a
catalytic
converter
shall
mark
2
the
receipt,
invoice,
affidavit,
junking
certificate,
or
proof
3
of
sheriff
approval
presented
under
subsection
2
to
indicate
4
the
catalytic
converter
has
been
sold.
The
person
shall
take
a
5
photograph
of
the
catalytic
converter
that
clearly
identifies
6
the
item
as
a
catalytic
converter.
7
-2-
HF
2707
(2)
90
th/ns/md
2/
2
