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Text: HSB00567                          Text: HSB00569
Text: HSB00500 - HSB00599               Text: HSB Index
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House Study Bill 568

Conference Committee Text

PAG LIN
  1  1    Section 1.  Section 331.606, subsection 1, Code 1995, is
  1  2 amended to read as follows:
  1  3    1.  In addition to other requirements specified by law, the
  1  4 recorder shall note in the fee book the date of filing of each
  1  5 instrument, the number and character of the instrument, and
  1  6 the name of each grantor and grantee named in the instrument.
  1  7 In numbering the instruments, the recorder shall may start
  1  8 with the number one immediately following the date of annual
  1  9 settlement with the board and continue to number them
  1 10 consecutively until the next annual settlement with the board
  1 11 or the recorder may start with number one on the first working
  1 12 day of the calendar year and continue to number the
  1 13 instruments consecutively until the last working day of the
  1 14 calendar year.
  1 15    Sec. 2.  Section 462A.78, subsection 1, Code Supplement
  1 16 1995, is amended to read as follows:
  1 17    1.  a.  The county recorder shall charge a five ten dollar
  1 18 fee to issue a certificate of title, a transfer of title, a
  1 19 duplicate, or a corrected certificate of title.
  1 20    b.  In addition to the fee required under paragraph "a",
  1 21 and sections 462A.82 and 462A.84, a surcharge of five dollars
  1 22 shall be required.
  1 23    Sec. 3.  Section 462A.78, subsection 5, Code Supplement
  1 24 1995, is amended to read as follows:
  1 25    5.  The funds collected under subsection 1, paragraph "a",
  1 26 shall be placed in the general fund of the county and used for
  1 27 the expenses of the county conservation board if one exists in
  1 28 that county.  Of each surcharge collected as required under
  1 29 subsection 1, paragraph "b", the county recorder shall remit
  1 30 five dollars to the department of revenue and finance for
  1 31 deposit in the general fund of the state.
  1 32    Sec. 4.  Section 462A.84, subsection 1, paragraph b, Code
  1 33 1995, is amended to read as follows:
  1 34    b.  The application fee for a security interest is five ten
  1 35 dollars.  The fees shall be credited to the county general
  2  1 fund.
  2  2    Sec. 5.  Section 554.9401, subsection 6, Code Supplement
  2  3 1995, is amended by striking the subsection.  
  2  4                           EXPLANATION
  2  5    This bill provides a county recorder with the option of
  2  6 filing instruments beginning with the number one and numbering
  2  7 consecutively from the first working day of a calendar year
  2  8 until the last working day of the calendar year or by filing
  2  9 instruments beginning with the number one immediately after
  2 10 the annual settlement with the board of supervisors and
  2 11 numbering consecutively until the next annual settlement.
  2 12    The bill also increases fees from $5 to $10 for
  2 13 certificates of title, transfers of title, and duplicates and
  2 14 for applications for security interests in titles.  However,
  2 15 the bill also strikes a surcharge fee of $5 which was charged
  2 16 for the certificates of title and various title transactions
  2 17 in addition to the $5 filing fee charged by the county
  2 18 recorder for the benefit of the county general fund.  The
  2 19 surcharge fee was deposited in the general fund of the state.
  2 20 The bill also strikes a requirement that the county recorder
  2 21 remit $5 of the fee for certain uniform commercial code
  2 22 filings.  
  2 23 LSB 4135HC 76
  2 24 tj/sc/14
     

Text: HSB00567                          Text: HSB00569
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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