326.7 - AGREEMENTS ON BASIS OF COMPACT MILES.

        326.7  AGREEMENTS ON BASIS OF COMPACT MILES.         Notwithstanding any other law to the contrary, and as an      alternative to the procedure set out in section 326.6, the department      may enter into agreements providing 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 on the basis of compact miles.         The Iowa prorate percent will be computed by dividing the Iowa      miles by the compact miles as defined in section 326.2.  If the      composite percentage paid by the Iowa resident to each of the states      a party to an apportioned registration agreement with Iowa for      apportioned registrations is less than one hundred percent, the      department will redetermine the registration fees due the state of      Iowa to bring the composite percent to one hundred percent.  If the      composite percent paid by the nonresident fleet operator to each of      the states a party to an apportioned registration agreement with Iowa      for apportioned registration fees on vehicles base plated in Iowa is      less than one hundred percent, the department will redetermine the      registration fees due the state of Iowa to bring the composite      percent to one hundred percent on such Iowa base plated vehicles.  
         Section History: Early Form
         [S13, § 1571-m16; C24, 27, 31, 35, § 4866; C39, § 5003.04;      C46, 50, 54, 58, § 321.56; C62, 66, § 326.2; C71, 73, 75, 77, 79, 81,      § 326.7]