SF 620 (LSB 2574SV (5) 88)

RELATING TO THE PROCEDURE FOR DISPOSAL OF CERTAIN CITY  UTILITIES BY SALE. 

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 388.2A, subsection 2, paragraph a, Code 2019, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (3)  Notwithstanding subparagraph (1), the governing body of a city which has a population between two thousand and three thousand, according to the 2010 federal decennial census, shall not be required to obtain appraisals pursuant to this paragraph for the disposal by sale of a 

city utility providing telecommunications services. This subparagraph is repealed July 1, 2022.

______________________________
CHARLES SCHNEIDER
President of the Senate

______________________________
PAT GRASSLEY
Speaker of the House

   I hereby certify that this bill originated in the Senate and is known as Senate File 620, Eighty-eighth General Assembly.

______________________________
W. CHARLES SMITHSON
Secretary of the Senate

Approved _______________, 2020

______________________________
KIM REYNOLDS
Governor