IA HSB118

Amends Iowa Code Section 322.3 to create a new exception allowing manufacturers of battery electric vehicles (BEVs) to obtain motor vehicle dealer licenses to sell their own BEV products directly to consumers

Applies only to vehicles propelled exclusively by electric motors using rechargeable battery storage, with no internal combustion engine (excludes hybrids)

Current Iowa law prohibits motor vehicle manufacturers from owning, operating, or being licensed as dealers, with limited exceptions for temporary transfers, motor homes, and certain other circumstances

Selling motor vehicles without a DOT-issued dealer license constitutes a simple misdemeanor with fines of $250 to $1,500 or up to 30 days imprisonment

Under DOT administrative rules, selling more than six motor vehicles within a 12-month period creates a presumption of being engaged in the vehicle sales business