326.6 - PROPORTIONAL REGISTRATION OF FLEETS.

        326.6  PROPORTIONAL REGISTRATION OF FLEETS.         The department may, pursuant to section 326.5, provide for      proportional registration between this state and other jurisdictions      of fleets of commercial vehicles owned by residents or nonresidents      engaged in interstate commerce or simultaneously engaged in      interstate and intrastate commerce.         1.  The owners of fleets of commercial vehicles subject to      proportional registration under apportionment agreements negotiated      by the department shall file a sworn statement with the department      which shall contain the following information and such other      information as the department may require:         a.  Total fleet miles for the preceding year.         b.  In-state miles for the preceding year.         c.  A description and identification of each vehicle which is      part of the fleet for which proportional registration is sought.         2.  The dollar amount of registration fees due this state for each      fleet subject to proportional registration shall be computed as      follows:         a.  Divide total fleet miles during the preceding year into      in-state miles during the preceding year to determine the percentage      of total fleet mileage allocable to this state.         b.  Determine the sum total amount necessary to register each      and every vehicle in the fleet based on the annual registration fees      prescribed in chapter 321.         c.  Multiply the percentage obtained under paragraph "a"      of this subsection by the sum total obtained under paragraph "b"      of this subsection.         d.  The product so obtained under paragraph "c" of this      subsection shall be the amount payable by the owner for proportional      registration of the fleet for the registration year.  Payment of      registration fees shall be made in accordance with section 321.134,      subsection 2, or a fleet owner on a renewal registration may pay a      fee equal to one- half of the applicable fee and post a surety bond,      certificate of deposit, or letter of credit, equal to one-half of the      applicable fee at the time of the first installment.  Payment of the      first installment entitles an owner to the issuance of full-year      credentials.  The second installment shall be paid by July 15.  If      the second installment is not paid by July 15, the department shall      file claim against the security for payment of fees and penalties due      and the owner shall not be entitled to elect the installment payment      option for the following year.  Excess surety moneys received shall      be refunded minus a fifty dollar administration fee.         3.  The department may negotiate apportionment agreements on      either a vehicle or a dollar basis. In apportionment on a vehicle      basis, a sufficient number of vehicles shall be registered to produce      total fee payments not less than an amount obtained by applying the      proportion of in-state fleet miles to total fleet miles to the fees      which would otherwise be required for total fleet registration in      this state.  
         Section History: Early Form
         [C71, 73, 75, 77, 79, 81, § 326.6] 
         Section History: Recent Form
         90 Acts, ch 1230, § 89         Referred to in § 321.134, 326.7, 326.19A