In 2007, the federal draft law “On Maternity Capital” was developed and adopted, and in 2016 it was extended to 2018. The law provides for the payment of financial assistance to families who have given birth or adopted a second, third and subsequent children. According to the Pension Fund, approximately 94% of the total amount of all issues was spent on the purchase of housing.
Back in 2015, Dmitry Medvedev put forward an initiative to consider the acquisition of a vehicle with maternity capital for consideration by deputies. Maternity capital for a car? However, those who are against such a decision were in the majority, and therefore the bill was not adopted.
Two years later, on March 17, 2017, deputies of the State Duma again introduced a law that allows the use of maternity capital for the purchase of passenger cars.
Can I use maternity capital for a car?
The law includes large families, guardians of foster children and families with children with disabilities who have two or more children (in some regions, maternity capital is given to families with the birth of their first child, in others with a third replenishment). Government officials suggested using maternity capital to pay back a loan taken to buy a car. But the bill curbs the ability to perform some legal actions with transport: it will be possible to sell a passenger car only after three years from the date of purchase.
How will the new law help?
The amendments to the bill will give support to citizens who cannot understand exactly where it is better for them to spend the issued financial resources. About 47% of fathers and mothers did not apply for government assistance.
The adoption of the law will be able to stimulate the market for vehicles and help families make the right decision. Families with children will have the opportunity to buy vehicles, and car dealers will be able to buy.
Other changes were proposed, for example, to pay the allowance in shares, to give families the opportunity to buy a land plot, but the offer was rejected.
Requirements for buying a car
If the bill under consideration comes into force, then the basic requirements for the purchase of a car will be established:
- he must be new;
- the body must accommodate no more than eight passengers;
- the car must be produced in the territory of the Russian Federation;
- each family member receives shares;
- parents undertake to register rights for shares for themselves and for each child;
- sale of the vehicle is permitted only 3 years after purchase.
It cools the ardor of parents that it is possible to use maternity capital for a domestic car, while many want to buy a foreign car, which the law does not provide for. The requirements are subject to execution only if funds from the parent capital are spent.
Maternity capital for a car: pros and cons
To determine whether it is worth spending maternity capital on the purchase of a vehicle, you need to weigh all the pros and cons.
The reasons for this decision are:
- It is much easier for families with many children to drive their own car than municipal transport.
- You can directly control the movement of the child to an educational institution.
- If the family has a disabled child, then the car will be a priority.
- Car - help families whose children attend educational institutions, circles, etc., which are located at a far distance from the house.
- A car can be used not only for transporting children. You can earn money on it.
- Spending maternal capital to buy a car stimulates the country's auto industry.
Reasons against:
- A car loses value over time, and spare parts for it are expensive.
- The car is purchased in the interests of parents. It is drawn up on one of them, and upon dissolution of the marriage it will remain with anyone, but not with the child.
- If you spend money on buying a car, then a woman who has been on maternity leave for a long time will not be able to solve the problem of forming a further pension.
- Vehicles can only be sold in a couple of years. No matter what happens, you won’t be able to say goodbye to him earlier. Although the power of attorney has not been canceled.
- Maternity capital can only be spent on a domestic car.
Regional experience
To understand how things are going with matkapital in the regions, we can give some of them as an example:
- In the Oryol region, financial assistance is given to families after the birth of a second child.
- Owning materiel in the Kaliningrad and Ulyanovsk regions is possible after the birth of a third child.
- In the Novosibirsk region, also after the birth of a third child, the family receives state aid.
- In Kamchatka, matkapital can be used at the birth of the first child.
Will the bill be adopted at the federal level?
There is no unanimous decision yet. Some deputies believe that the adoption of the bill will help both families and the country's economy, while others are confident that this will not benefit anyone. Maternal capital for a car is not yet allowed to be used, but they are considering such a possibility. Those who are against signing the law say that it is better to channel maternity capital in a more profitable direction, for example, to buy a house, because a car will lose its value every year, and housing, on the contrary, will grow. Buying a car will not be able to significantly affect the growth in sales of new cars.
Some deputies are convinced that it is not necessary to legitimize the fact that it is possible to use maternity capital for a car (bill), since with the help of a car some unseemly families will be able to cash maternity capital by issuing a power of attorney for third parties and transferring vehicles for their use, having received for this a certain amount of money.
Other authorities believe that a car for families with more than two children is as important an acquisition as housing. And if they want to buy a car, then why should they forbid it? People have the right to decide for themselves what is more important for them: housing, vehicles, pensions or children's education.
Some large families have their own opinions. Money for study and pension savings will be needed later, and personal transport is needed today, because children need to attend educational institutions daily.
Finally
Whether amendments to the bill will be decided only by the deputies. They should review the experience of the country's regions in order to make the right decision. It is also important to analyze all the pros and cons of this law.