Advertisement

Linn County now requiring bill of sale for vehicle transfers

  • 12
    Shares

Bill of sale forms, which are now required for vehicle transfers between private parties, can be found online on the Linn County website. — Izabela Zaluska/Little Village

Starting on Jan. 1, Linn County began requiring a bill of sale in order to register a vehicle that has changed hands in a transaction between private parties. Not all Iowa counties require a bill of sale for such private transactions, as opposed to purchases through car dealerships, but Iowa State County Treasurer’s Association and the Iowa Department of Revenue are encouraging counties to adopt the requirement.

According to Linn County, the new requirement will “substantiate vehicle purchase prices, which have a direct impact on the fees that are remitted to the State’s Road Use Tax fund.” Although there is no sales tax on vehicle sales in Iowa, there is a one-time fee, equal to 5 percent of vehicle’s sales price, charged when an owner registers a vehicle. That fee is paid into Iowa’s Road Use Tax Fund.

The fund is administered by the Iowa Department of Transportation and is the “major state funding source for the construction, maintenance, and supervision of Iowa’s roads,” according to the Legislative Services Agency.

A bill of sale form is available online through Linn County’s website.


  • 12
    Shares
Thoughts? Tips? A cute picture of a dog? Share them with LV » editor@littlevillagemag.com

Advertisement

The Iowa City Human Rights Commission needs you!

Apply Today

@ICHumanRights »

Advertisement

Summer Programs 2020

Get 150+ local restaurants delivered to your door in the Iowa City & Cedar Rapids areas!

The Future is Unwritten

You look to Little Village for today’s stories. Your sustaining support will help us write tomorrow’s.

Regular

$10/mo or $120/year
(AUTO-RENEW)
The cost of doing this work really adds up! Your contribution at this level will cover telephone and internet expenses for one month at the LV editorial offices.

Italic

$20/mo or $240/year
(AUTO-RENEW)
$240 is enough to cover one month’s costs for sending out our weekly entertainment newsletter, The Weekender. Make a contribution at this level to put a little more oomph on your support and your weekend.

Bold

$30/mo or $360/year
(AUTO-RENEW)
LittleVillageMag.com connects eastern Iowa culture with the world. Your contribution at this level will cover the site’s hosting costs for three months. A bold move for our boldest supporters!

All monthly and annual contributors receive:

  • Recognition on our Supporters page (aliases welcome)
  • Exclusive early access when we release new half-price gift cards
  • Access to a secret Facebook group where you can connect with other supporters and discuss the latest news and upcoming events (and maybe swap pet pics?) with the LV staff
  • Invitations to periodic publisher chats (held virtually for now) to meet with Matt and give him a piece of your mind, ask your burning questions and hear more about the future plans for Little Village, Bread & Butter Magazine, Witching Hour Festival and our other endeavors.

Coralville Public Library Online Summer Reading Programs

For ages 0-99+