ARC 9448C - Iowa Administrative Rules

Adopted and Filed

Motor vehicle leasing licenses, ch 430

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ARC 9448C

TRANSPORTATION DEPARTMENT[761]

Adopted and Filed

Rulemaking related to motor vehicle leasing licenses

The Transportation Department hereby rescinds Chapter 430, “Motor Vehicle Leasing Licenses,” Iowa Administrative Code, and adopts a new chapter with the same title.

Legal Authority for Rulemaking

This rulemaking is adopted under the authority provided in Iowa Code section 321F.11.

State or Federal Law Implemented

This rulemaking implements, in whole or in part, Iowa Code chapter 321F.

Purpose and Summary

This rulemaking repromulgates Chapter 430 in compliance with Executive Order 10. Chapter 430 implements Iowa Code chapter 321F, which requires individuals engaged in the business of leasing motor vehicles to obtain a leasing license from the Department. Iowa Code chapter 321F requires the Department to adopt rules administering leasing licenses. The purpose of this chapter is to provide clarity and consistency on the requirements for leasing licenses and encourage compliance with the statutory requirements.

Public Comment and Changes to Rulemaking

Notice of Intended Action for this rulemaking was published in the Iowa Administrative Bulletin on April 16, 2025, as ARC 9096C. A public hearing was held on the following date(s):

●May 8, 2025

●May 9, 2025

No one attended the public hearings. No public comments were received. No changes from the Notice have been made.

Adoption of Rulemaking

This rulemaking was adopted by the Department on June 10, 2025.

Fiscal Impact

This rulemaking has no fiscal impact to the State of Iowa.

Jobs Impact

After analysis and review of this rulemaking, no impact on jobs has been found.

Waivers

Any person who believes that the application of the discretionary provisions of this rulemaking would result in hardship or injustice to that person may petition the Department for a waiver of the discretionary provisions, if any, pursuant to 761—Chapter 11.

Review by Administrative Rules Review Committee

The Administrative Rules Review Committee, a bipartisan legislative committee which oversees rulemaking by executive branch agencies, may, on its own motion or on written request by any individual or group, review this rulemaking at its regular monthly meeting or at a special meeting. The Committee’s meetings are open to the public, and interested persons may be heard as provided in Iowa Code section 17A.8(6).

Effective Date

This rulemaking will become effective on August 27, 2025.

The following rulemaking action is adopted:

ITEM 1.Rescind 761—Chapter 430 and adopt the following new chapter in lieu thereof:

CHAPTER 430

MOTOR VEHICLE LEASING LICENSES

761—430.1(321F) General.

430.1(1) Information. Information and forms relating to this chapter may be obtained from the Motor Vehicle Division, Iowa Department of Transportation, by mail at P.O. Box 9278, Des Moines, Iowa 50306-9278; by telephone at 515.237.3156; by email at dealer.programs@iowadot.us; or from the department’s website at www.iowadot.gov/mvd/buyingselling.

430.1(2) Definition.

“Engage in the business” means leasing two or more motor vehicles that are subject to registration in a 12-month period if the lessee is a resident of this state and first takes possession of the vehicle in this state, or if the lessor’s business address is located in this state. A person is not considered to be engaged in the business if the business address is located outside of this state and the lessee first takes possession of the motor vehicle outside of this state.

761—430.2(321F) Application.

430.2(1) Form and submission. Application for a motor vehicle leasing license shall be made on Form 417034 and submitted to the address provided in subrule 430.1(1).

430.2(2) Required information. Each application is to include the following information:

a.The applicant’s business name, bona fide address and telephone number under which the applicant will engage in the business and where an individual, partner or corporate officer can be reached during normal business hours.

b.The legal name, bona fide address and phone number of the owner when the owner of the business is an individual, or the name, bona fide address and phone number of at least two partners or officers if the business is a partnership or corporation.

c.The federal employer identification number of the business, or, if the business is owned by an individual who is not required to have a federal employer identification number, the individual’s social security number, Iowa nonoperator’s identification number or Iowa driver’s license number.

430.2(3) Supplemental statements. The licensee shall notify the department, in writing, within ten days, at the address shown in subrule 430.1(1), of any change in the information required on the original application.

761—430.3(321F) Separate licenses required. A separate license is required for:

430.3(1) Each address under which a single business entity will conduct business under Iowa Code chapter 321F and these rules.

430.3(2) Each address that will be used for titling or registering vehicles subject to registration in Iowa.

These rules are intended to implement Iowa Code chapter 321F.

[Filed 6/23/25, effective 8/27/25]

[Published 7/23/25]

EDITOR’S NOTE: For replacement pages for IAC, see IAC Supplement 7/23/25.