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Text: HSB00140                          Text: HSB00142
Text: HSB00100 - HSB00199               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index



House Study Bill 141

Bill Text

PAG LIN
  1  1    Section 1.  Section 331.602, subsection 1, unnumbered
  1  2 paragraph 1, Code 1997, is amended to read as follows:
  1  3    Record all instruments presented to the recorder's office
  1  4 for recordation upon payment of the proper fees and compliance
  1  5 with other recording requirements as provided by law.  The
  1  6 instruments presented for filing or recordation shall be
  1  7 legible and reproducible, and shall have typed or legibly
  1  8 printed on them the names of all signatories including the
  1  9 names of acknowledging officers and witnesses beneath the
  1 10 original signatures.  The instruments shall be no larger than
  1 11 eight and one-half inches by fourteen inches and shall provide
  1 12 a space at the top of the instrument at least eight and one-
  1 13 half inches across the page by two inches in length, on which
  1 14 space shall be typed or legibly printed across the page on the
  1 15 bottom one-fourth inch of this space, the name, address, and
  1 16 telephone number of the individual who prepared the
  1 17 instrument.  The remaining portion of this space shall be
  1 18 reserved for use by the county recorder, except as otherwise
  1 19 authorized by the recorder.  Except as otherwise authorized by
  1 20 the recorder, any instrument conveying real property shall
  1 21 contain a place to be filled out with the name and complete
  1 22 mailing address of the person responsible for paying the
  1 23 property taxes for the real property subject to the
  1 24 conveyance, in substantially the following form:  "Address tax
  1 25 statement to: ..........".
  1 26    Sec. 2.  Section 462A.78, subsection 5, Code 1997, is
  1 27 amended to read as follows:
  1 28    5.  The funds collected under subsection 1, paragraph "a",
  1 29 shall be placed in the general fund of the county and used for
  1 30 the expenses of the county conservation board if one exists in
  1 31 that county.  Of each surcharge collected as required under
  1 32 subsection 1, paragraph "b", the county recorder shall remit
  1 33 five dollars to the department of revenue and finance for
  1 34 deposit in the general fund of the state.
  1 35    Sec. 3.  Section 554.9401, subsection 6, Code 1997, is
  2  1 amended by striking the subsection.
  2  2    Sec. 4.  EFFECTIVE DATE.  The amendment to section 331.602
  2  3 in this Act takes effect January 1, 1998.  
  2  4                           EXPLANATION
  2  5    This bill relates to requirements for county recorders
  2  6 processing documents.  The bill eliminates provisions
  2  7 requiring a county recorder to remit portions of surcharges
  2  8 collected when filing documents connected to financing
  2  9 statements provided under the uniform commercial code and
  2 10 portions of fees collected when filing certificates of title
  2 11 for boats to the department of revenue and finance for deposit
  2 12 in the general fund of the state.  The bill also provides that
  2 13 an instrument conveying real property must contain a place to
  2 14 be filled out with the name and complete mailing address of
  2 15 the person responsible for paying the property taxes for the
  2 16 real property subject to the conveyance.
  2 17    This latter provision is effective January 1, 1998.  
  2 18 LSB 1810HC 77
  2 19 da/jw/5
     

Text: HSB00140                          Text: HSB00142
Text: HSB00100 - HSB00199               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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