2009 Iowa Code
Title 8 - Transportation
Subtitle 2 - Vehicles
CHAPTER 321 - MOTOR VEHICLES AND LAW OF THE ROAD
321.113 - AUTOMATIC REDUCTION.

        321.113  AUTOMATIC REDUCTION.
         1.  The annual registration fee for a motor vehicle shall not be
      automatically reduced under this section unless the fee is based on
      the value and weight of the motor vehicle as provided in section
      321.109, subsection 1.
         2.  If a motor vehicle is more than seven model years old, the
      part of the annual registration fee that is based on the value of the
      vehicle shall be seventy-five percent of the rate as fixed when the
      motor vehicle was new and the total fee shall not be less than fifty
      dollars; except that if the registration is a renewal for a vehicle
      registered to the same owner prior to January 1, 2009, the annual
      registration fee shall not be more than the fee paid for the previous
      registration year.
         3.  If a motor vehicle is more than nine model years old, the part
      of the annual registration fee that is based on the value of the
      vehicle shall be fifty percent of the rate as fixed when the motor
      vehicle was new and the total fee shall not be less than fifty
      dollars; except that if the registration is a renewal for a vehicle
      registered to the same owner prior to January 1, 2009, the annual
      registration fee shall not be more than the fee paid for the previous
      registration year.
         4. a.  Except as provided in paragraph "b", if a motor
      vehicle is twelve model years old or older, the annual registration
      fee is fifty dollars; except that if the registration is a renewal
      for a vehicle registered to the same owner prior to January 1, 2009,
      the annual registration fee shall not be more than the fee paid for
      the previous registration year.
         b.  If the registration is a renewal for a motor vehicle
      registered as an antique vehicle by the same owner prior to January
      1, 2009, the annual registration fee shall be twenty-three dollars
      for a motor vehicle that is model year 1970 through 1983 and sixteen
      dollars for a motor vehicle that is model year 1969 or older.
         c.  For purposes of determining the portion of an annual
      registration fee under paragraph "a" or "b" that is based
      upon the value of the motor vehicle, sixty percent of the annual
      registration fee is attributable to the value of the vehicle.  

         Section History: Early Form

         [SS15, § 1571-m7; C24, 27, 31, 35, § 4910; C39, § 5008.09;
      C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 321.113] 

         Section History: Recent Form

         82 Acts, ch 1062, § 15, 38; 2001 Acts, ch 132, §4, 24; 2001 Acts,
      ch 176, §65; 2008 Acts, ch 1113, §4, 11, 90
         Referred to in § 321.115, 321.115A, 331.557