HF 2485 — A bill for an act relating to motor vehicle dealers, including rights to certain vehicles, records storage requirements, and remote sales of motor vehicles.

(►HiHouse SFile T2485 A- TEnrolled EHouse OFile F2485 IAN OACT WRELATING ATO KMOTOR IMVEHICLE RDEALERS, EINCLUDING YRIGHTS NTO OCERTAIN LDVEHICLES, SRECORDS GSTORAGE OREQUIREMENTS, VAND EREMOTE RSALES NOF OMOTOR RVEHICLES. April 30, 2026 The Honorable Paul Pate Secretary of State of Iowa State Capitol Des Moines, Iowa 50319 Dear Mr.

Secretary,BE IIT herebyENACTED transmit:BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

House File 2485, anAct relating to motor vehicle dealers, including rights to certain vehicles, records storagerequirements, and remote sales of motor vehicles.

The above House File is hereby approved on this date.

Smcejely, Kin^^ynfoldj Govemor of lo w i" cc:

Secretary of the Senate Clerk o f the House STATE CAPITOL DES MOINES, IOWA 50319 515.281.5211 WWW.GOVERNOR.IOWA.GOV •?s>'?n!nTiTninnmiiniiimnnTniiin!niiiin!iimiiiinniiiiii WILLMAIHTAJ > !^j G K N E R A I .

A S S K M R L A lyilUIHIIIIllillHHIIItBIBiMmillffllHnil nimminninniniBiniiiiimiiintiiHiiiiiiintiiininmiiini H o u s F i l e 2 4 8 5 A N A C T R E L A T I N T O M O T O RV E H I C L E DEALERSr I N C L U D I N G R I G H T SC E R T A I N VEHICLES, RECORDS STORAGE REQUIREMENTS, AND REMOTE SALES OF M O T O RV E H I C L E S .

B E I T E N A C T E B Y T H E G E N E R A A S S E M B LO F T H E S T A T O F I O W A :

NEW PARAGRAPH,PARAGRAPH c..

Forc. purposes of this subsection, a motor vehicle dealer licensed under chapter 322 shall be deemed to have acquired and to possess the right, title, claim, and interest in a vehicle if the vehicle's certificate of title is issued or properly assigned to an entity with direct ownership o r c o n t r oo v e r t h e d e a l e r .

For purposes of this subsection, a motor vehicle dealer licensed under chapter 322 shall be deemed to have acquired and to possess the right, title, claim, and interest in a vehicle if the vehicle’s certificate of title is issued or properly assigned to an entity with direct ownership or control over the dealer.

NEW SUBSECTION,SUBSECTION 3..

3.

b»b. Provide electronic records to the department within twenty-four hours after receiving a request.

Provide electronic records to the department within twenty-four hours after receiving a request.

Section 322.3, subsection 12, paragraphs a and c.c, Code 2026, are amended to read as follows:

C o d e 2 0 2 6 , a r e a m e n d t o read a s f o l l o w s :

The dealer or an entity with direct ownership or control over the dealer shall possess, at the time of the sale, the certificate of title to any motor vehicle offered for remote sale by the dealer.dealer .

The dealer shall not sign a proposed purchaoopurchase agrcemGntagreement until the dealer recQivooreceives an oxecutcdexecuted purchase agrGcmcntagreement from the buyer,buyer. A signed purchase agreement must be delivered to the dealer's place of business, as listed on the dealer's l i c e n s e .

A signed purchase agreement must be delivered to the dealer’s place of business, as listed on the dealer’s license .

NEW PARAGRAPH,PARAGRAPH f..

f.

((2) 2That )That the certificate of title is in an electronic format, if applicable.

NEW PARAGRAPH,PARAGRAPH g..

g.

The dealer shall also retain records showing where a vehicle is stored, the status of the vehicle'svehicle’s title, and documents relating to the remote sale of a vehicle.

NEW PARAGRAPH,PARAGRAPH. h.

Pursuanth. to section 554D,108 and consistent with 49 C.F.R, pt.

Pursuant to section 554D.108 and consistent with 49 C.F.R.

pt.

§580.3, which complies with all applicable requirements under 49 C.F.R.

A dealer using an electronic signature on a digital image of a physical title shall mark the original title as ^Void"“void” or "^surrendered"“surrendered” and submit an application for certificate of title and registration electronically via an authorized service provider pursuant to section 321.20, ssubsection u2. b s e c 2 .

o n NEW PARAGRAPH,PARAGRAPH i. , A remote sale of a motor vehicle is not a door-to-door sale as defined in section 555A.1, and is not subject to chapter 55^A.

Pi. A G R A S S L E Y AMY SINCg^IR Speaker of P r e s i d e t h e S e n a t e I hereby certify that this bill originated in the House and is known as House Pile 2485, Ninety-first General Assembly.

ME^ANA NELSONremote Chie;sale of a motor vehicle is not a door-to-door sale as defined in section 555A.1, and is not subject to chapter 555A.

ClerJ^of______________________________ ______________________________ PAT GRASSLEY AMY SINCLAIR Speaker of the HHouse oPresident uof sthe eSenate ApprovedI ,hereby 2certify 0that 2this 6bill Goriginated oin vthe eHouse rand nis oknown ras House File 2485, Ninety-first General Assembly.

______________________________ MEGHAN NELSON Chief Clerk of the House Approved _______________, 2026 ______________________________ KIM REYNOLDS Governor