Text: H09014                            Text: H09016
Text: H09000 - H09099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 9015

Amendment Text

PAG LIN
  1  1    Amend House File 2205, as amended, passed, and
  1  2 reprinted by the House, as follows:
  1  3    #1.  Page 4, by striking lines 23 through 25.
  1  4    #2.  Page 4, by inserting before line 26 the
  1  5 following:
  1  6    "( )  An electronic transaction initiated at a
  1  7 satellite terminal, as defined in section 527.2, or
  1  8 the processing and routing of transaction data by a
  1  9 central routing unit or a data processing center, each
  1 10 as defined in section 527.2."
  1 11    #3.  Page 5, line 6, by striking the figure
  1 12 "554.2106" and inserting the following:  "554.1206".
  1 13    #4.  Page 5, by striking lines 14 through 28 and
  1 14 inserting the following:
  1 15    "4.  A choice of law provision, which is contained
  1 16 in a computer information agreement that governs a
  1 17 transaction subject to this chapter, that provides
  1 18 that the contract is to be interpreted pursuant to the
  1 19 laws of a state that has enacted the uniform computer
  1 20 information transactions Act, as proposed by the
  1 21 national conference of commissioners on uniform state
  1 22 laws, or any substantially similar law, is voidable
  1 23 and the agreement shall be interpreted pursuant to the
  1 24 laws of this state if the party against whom
  1 25 enforcement of the choice of law provision is sought
  1 26 is a resident of this state or has its principal place
  1 27 of business located in this state.  For purposes of
  1 28 this subsection, a "computer information agreement"
  1 29 means an agreement that would be governed by the
  1 30 uniform computer information transactions Act or
  1 31 substantially similar law as enacted in the state
  1 32 specified in the choice of laws provision if that
  1 33 state's law were applied to the agreement."
  1 34    #5.  Page 7, by inserting after line 9 the
  1 35 following:
  1 36    "Sec.    .  NEW SECTION.  554D.108A  LEGAL
  1 37 RECOGNITION OF ELECTRONIC RECORDS AFFECTING INTERESTS
  1 38 IN REAL PROPERTY.
  1 39    An electronic record that grants a legal or
  1 40 equitable interest in real property, including a deed,
  1 41 mortgage, deed of trust, pledge, security interest, or
  1 42 other lien or encumbrance, and any disclosure required
  1 43 under chapter 558A shall comply with all of the
  1 44 following:
  1 45    1.  Be created using a security procedure and
  1 46 signed by use of a digital signature.
  1 47    2.  Shall not be recorded or have effect against
  1 48 third parties until a duplicate paper original of the
  1 49 electronic record is executed in writing by the
  1 50 parties, acknowledged, and recorded.  The burden of
  2  1 proof that the duplicate paper original of the
  2  2 electronic record is identical to the original
  2  3 electronic record rests upon the party submitting the
  2  4 duplicate paper original.
  2  5    3.  Comply with all requirements of Iowa law
  2  6 regarding the recording of instruments and all other
  2  7 applicable state requirements."
  2  8    #6.  Page 8, line 27, by striking the word
  2  9 "Notwithstanding" and inserting the following:  "In
  2 10 addition to".
  2 11    #7.  Page 15, line 15, by inserting after the word
  2 12 "state" the following:  "other than a state executive
  2 13 branch agency, department, board, commission,
  2 14 authority, or institution,".
  2 15    #8.  Page 15, by inserting after line 20 the
  2 16 following:
  2 17    "1A.  Except as otherwise provided in section
  2 18 554D.113, subsection 6, on or before July 1, 2003, a
  2 19 state executive branch agency, department, board,
  2 20 commission, authority, or institution, in consultation
  2 21 and cooperation with the information technology
  2 22 services division of the department of general
  2 23 services, shall send and accept electronic records and
  2 24 electronic signatures to and from other persons and
  2 25 otherwise create, generate, communicate, store,
  2 26 process, use, and rely upon electronic records and
  2 27 signatures.  The department of management, upon the
  2 28 written request of a state executive branch agency,
  2 29 department, board, commission, authority, or
  2 30 institution and for good cause shown, may grant a
  2 31 waiver from the July 1, 2003, deadline established in
  2 32 this section to the state executive branch agency,
  2 33 department, board, commission, authority, or
  2 34 institution."
  2 35    #9.  Page 15, line 23, by inserting after the
  2 36 figure "1" the following:  "or 1A".
  2 37    #10.  Page 16, by inserting after line 13 the
  2 38 following:
  2 39    "4.  Notwithstanding this section, an institution
  2 40 governed under chapter 262 shall conform with national
  2 41 standards with respect to electronic records and
  2 42 electronic signatures, as such standards are
  2 43 developed."
  2 44    #11.  Page 17, by inserting after line 28 the
  2 45 following:
  2 46    "Sec.    .  NEW SECTION.  75.14  ELECTRONIC
  2 47 BIDDING.
  2 48    Notwithstanding contrary provisions of this
  2 49 chapter, a public body authorized to issue bonds,
  2 50 notes, or other obligations may elect to receive bids
  3  1 to purchase such bonds, notes, or other obligations by
  3  2 means of electronic, internet or wireless
  3  3 communication, a proprietary bidding procedure or
  3  4 system, or by facsimile transmission to a location
  3  5 deemed appropriate by the governing body, in each
  3  6 instance as may be approved by the governing body and
  3  7 provided for in the notice of sale.  An electronic bid
  3  8 shall be submitted in substantial conformity with the
  3  9 requirements of chapter 554D and any rules adopted
  3 10 pursuant to that chapter with respect to the
  3 11 acceptance of electronic records by a governmental
  3 12 agency.  Additionally, before approving the use of an
  3 13 electronic bidding procedure, the public body shall
  3 14 find and determine that the specific procedure to be
  3 15 used will provide reasonable security and maintain the
  3 16 integrity of the competitive bidding process, and
  3 17 facilitate the delivery of bids by interested parties
  3 18 under the circumstances of the particular sale.
  3 19    Sec. ___.  ADVISORY COMMITTEE CREATED.  An advisory
  3 20 committee is created to study issues associated with
  3 21 the electronic filing, recording, and indexing of
  3 22 instruments affecting real property pursuant to
  3 23 chapter 558, and the electronic use of real property
  3 24 disclosures required pursuant to chapter 558A.  The
  3 25 advisory committee shall consider matters relating to
  3 26 the facilitation of electronic filing, recording, and
  3 27 indexing of instruments affecting real property.  The
  3 28 advisory committee may consider matters including, but
  3 29 not limited to, access to electronic transactions,
  3 30 reliability and security, storage of records, training
  3 31 of public officials, conversion from a paper recording
  3 32 system to an electronic system, and other issues as
  3 33 are necessary and appropriate with respect to
  3 34 establishing a statewide uniform electronic filing
  3 35 system for real property transactions.  The membership
  3 36 of the advisory committee shall be appointed by the
  3 37 legislative council and shall include, but is not
  3 38 limited to, representatives of the Iowa county
  3 39 recorders association, the Iowa state bar association,
  3 40 the Iowa state association of counties, Iowa title
  3 41 guaranty, the Iowa land title association, the Iowa
  3 42 bankers association, the Iowa independent bankers
  3 43 association, the Iowa association of realtors, the
  3 44 Iowa mortgage bankers association, and the office of
  3 45 the attorney general.  The advisory committee shall
  3 46 provide an initial written report, including any
  3 47 recommendations, to the general assembly by no later
  3 48 than January 20, 2001.  Such report shall include a
  3 49 recommendation for the initiation of a pilot program
  3 50 for electronic land transfers, including a date
  4  1 certain by which such program may be initiated and the
  4  2 cost of such pilot program.  The advisory committee
  4  3 shall provide a written report to the general assembly
  4  4 in January of each year subsequent to the commencement
  4  5 of the pilot program including the results of the
  4  6 pilot program; any additional recommendations; a
  4  7 schedule for the implementation of a statewide uniform
  4  8 electronic land transfer system, if appropriate; and
  4  9 the costs associated with such implementation
  4 10 including any identifiable ongoing costs and costs for
  4 11 training associated with the system."
  4 12    #12.  Page 17, by inserting after line 28 the
  4 13 following:
  4 14    "Sec. 105.  Section 421.60, subsection 2, Code
  4 15 1999, is amended by adding the following new
  4 16 paragraph:
  4 17    NEW PARAGRAPH.  m.  (1)  The director may abate
  4 18 unpaid state sales and use taxes and local sales and
  4 19 services taxes owed by a retailer in the event that
  4 20 the retailer failed to collect tax from the purchaser
  4 21 as a result of erroneous written advice issued by the
  4 22 department that was specially directed to the retailer
  4 23 by the department and the retailer is unable to
  4 24 collect the tax, interest, or penalties from the
  4 25 purchaser.  Before the tax, interest, and penalties
  4 26 shall be abated on the basis of erroneous written
  4 27 advice, the retailer must present a copy of the
  4 28 retailer's request for written advice to the
  4 29 department and a copy of the department's reply.  The
  4 30 department shall not maintain a position against the
  4 31 retailer that is inconsistent with the erroneous
  4 32 written advice, except on the basis of subsequent
  4 33 written advice sent by the department to that
  4 34 retailer, or a change in state or federal law, a
  4 35 reported court case to the contrary, a contrary rule
  4 36 adopted by the department, a change in material facts
  4 37 or circumstances relating to the retailer, or the
  4 38 retailer's misrepresentation or incomplete or
  4 39 inadequate representation of material facts and
  4 40 circumstances in requesting the written advice.
  4 41    (2)  The director shall abate the unpaid state
  4 42 sales and use taxes and any local sales and services
  4 43 taxes owed by a retailer where the retailer failed to
  4 44 collect the tax from the purchaser on the charges paid
  4 45 for access to on-line computer services as a result of
  4 46 erroneous written advice issued by the department
  4 47 regarding the taxability of charges paid for access to
  4 48 on-line computer services.  To qualify for the
  4 49 abatement under this subparagraph, the erroneous
  4 50 written advice shall have been issued by the
  5  1 department prior to July 1, 1999, and shall have been
  5  2 specially directed to the retailer by the department.
  5  3    (3)  The director shall prepare quarterly reports
  5  4 summarizing each case in which abatement of tax,
  5  5 interest, or penalties was made.  However, the report
  5  6 shall not disclose the identity of the taxpayer.  An
  5  7 abatement authorized by this paragraph to a retailer
  5  8 shall not preclude the department from proceeding to
  5  9 collect the liability from a purchaser.
  5 10    Sec. 106.  Section 422.45, subsection 56, Code
  5 11 Supplement 1999, is amended to read as follows:
  5 12    56.  The gross receipts from charges paid to a
  5 13 provider for access to on-line computer services.  For
  5 14 purposes of this subsection, "on-line computer
  5 15 service" means a service that provides or enables
  5 16 computer access by multiple users to the internet or
  5 17 to other information made available through a computer
  5 18 server.
  5 19    Sec. 107.  Section 422.52, subsection 6, paragraph
  5 20 a, Code Supplement 1999, is amended to read as
  5 21 follows:
  5 22    a.  If a purchaser fails to pay tax imposed by this
  5 23 division to the retailer required to collect the tax,
  5 24 then in addition to all of the rights, obligations,
  5 25 and remedies provided, the tax is payable by the
  5 26 purchaser directly to the department, and sections
  5 27 422.50, 422.51, 422.52, 422.54, 422.55, 422.56,
  5 28 422.57, 422.58, and 422.59 apply to the purchaser.
  5 29 For failure, the retailer and purchaser are liable,
  5 30 unless the circumstances described in section 421.60,
  5 31 subsection 2, paragraph "m", or section 422.47,
  5 32 subsection 3, paragraph "b" or "e", or subsection 4,
  5 33 paragraph "b" or "d", are applicable."
  5 34    #13.  Page 17, by inserting after line 29 the
  5 35 following:
  5 36    "Sec.    .  REPEAL – EFFECTIVE DATE.
  5 37    1.  Section 554D.104, subsection 4, as enacted in
  5 38 this Act, is amended by striking the subsection.
  5 39    2.  This section of this Act takes effect July 1,
  5 40 2001.
  5 41    Sec.    .  LEGISLATIVE INTENT.  It is the intent of
  5 42 the general assembly that the general assembly
  5 43 consider the proposed uniform computer information
  5 44 transactions Act, as adopted by the national
  5 45 conference of commissioners on uniform state laws,
  5 46 during the 2001 regular session."
  5 47    #14.  Page 17, by inserting after line 29 the
  5 48 following:
  5 49    "Sec.    .  EFFECTIVE DATE.  Sections 105, 106, and
  5 50 107 of this Act, being deemed of immediate importance,
  6  1 take effect upon enactment."
  6  2    #15.  Title page, line 3, by inserting after the
  6  3 word "records" the following:  ", relating to sales
  6  4 and use tax exemption for access to electronic
  6  5 commerce,".
  6  6    #16.  By renumbering, relettering, or redesignating
  6  7 and correcting internal references as necessary.  
  6  8 HF 2205S
  6  9 mj/cc/26
     

Text: H09014                            Text: H09016
Text: H09000 - H09099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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