Text: HSB00551                          Text: HSB00553
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House Study Bill 552

Bill Text

PAG LIN
  1  1    Section 1.  Section 331.506, subsection 1, Code 1999, is
  1  2 amended to read as follows:
  1  3    1.  a.  Except as provided in subsections 2 and 3, the
  1  4 auditor shall prepare and sign or issue a county warrant only
  1  5 after approval issuance of the warrant has been approved by
  1  6 the board by recorded vote.  Each warrant shall be numbered
  1  7 and the date, amount, number, name of the person to whom
  1  8 issued, and the purpose for which the warrant is issued, shall
  1  9 be entered in the county system.  Each warrant shall be made
  1 10 payable to the person performing the service or furnishing the
  1 11 supplies for which the warrant makes payment.
  1 12    b.  The auditor shall not issue a warrant to a drawee until
  1 13 the auditor has transmitted to the treasurer a list of the
  1 14 warrants to be issued.  The list shall include the date,
  1 15 amount, and number of the warrant, name of the person to whom
  1 16 the warrant is issued, and the purpose for which the warrant
  1 17 is issued.  The treasurer shall acknowledge receipt of the
  1 18 list by affixing the treasurer's signature at the bottom of
  1 19 the list and immediately returning the list to the auditor.
  1 20 The requirement that the treasurer sign to acknowledge receipt
  1 21 of the list is satisfied by use of a digital signature or
  1 22 other secure electronic signature if the county auditor and
  1 23 treasurer have complied with the applicable provisions of
  1 24 chapter 554C.
  1 25    c.  The warrant list signed by the treasurer shall be
  1 26 preserved by the auditor for at least two years.  The
  1 27 requirement that the list be preserved is satisfied by
  1 28 preservation of the list in electronic form if the
  1 29 requirements of section 554C.205 are met.
  1 30    d.  The requirement that the county auditor sign a warrant
  1 31 is satisfied by use of a digital signature or other secure
  1 32 electronic signature if the county auditor has complied with
  1 33 the applicable provisions of chapter 554C.
  1 34    e.  In lieu of the auditor issuing a warrant to a drawee,
  1 35 the auditor may issue a warrant payment order to the county
  2  1 treasurer.  Upon receipt of the warrant payment order, the
  2  2 treasurer may submit payment to the drawee through an
  2  3 electronic funds transfer system.
  2  4    Sec. 2.  Section 331.552, Code 1999, is amended by adding
  2  5 the following new subsection:
  2  6    NEW SUBSECTION.  33.  Carry out duties relating to warrant
  2  7 lists provided by the county auditor pursuant to section
  2  8 331.506, subsection 1.
  2  9    Sec. 3.  Section 331.554, subsection 4, Code 1999, is
  2 10 amended to read as follows:
  2 11    4.  The treasurer shall return the paid warrants to the
  2 12 auditor.  The original warrant shall be preserved for at least
  2 13 two years.  The requirement that the original warrant be
  2 14 preserved is satisfied by preservation of the warrant in
  2 15 electronic form if the requirements of section 554C.205 are
  2 16 met.  The treasurer shall make monthly reports to show for
  2 17 each warrant the number, date, drawee's name, when paid, to
  2 18 whom paid, original amount, and interest.
  2 19    Sec. 4.  Section 331.554, subsection 6, Code 1999, is
  2 20 amended to read as follows:
  2 21    6.  The amount of a check, other than a warrant,
  2 22 outstanding for more than two years shall be paid to the
  2 23 treasurer and credited as unclaimed fees and trusts.  The
  2 24 treasurer shall provide a list of the checks to the auditor
  2 25 who shall maintain a record of the unclaimed fees and trusts.
  2 26 A person may claim an unclaimed fee or trust within five years
  2 27 after the money is credited upon proper proof of ownership.  
  2 28                           EXPLANATION
  2 29    This bill changes the requirements of the county auditor
  2 30 and county treasurer relating to issuance of county warrants
  2 31 and preservation of records relating to county warrants.
  2 32    The bill requires the county auditor to send a list of the
  2 33 warrants to be issued to the county treasurer before the
  2 34 warrants are issued.  The treasurer must acknowledge receipt
  2 35 of the list.  The signature acknowledging receipt may be in
  3  1 electronic form if the requirements of Code chapter 554C, the
  3  2 Iowa electronic commerce security Act, are met.  The bill
  3  3 allows the auditor, in lieu of issuing a warrant to a drawee,
  3  4 to issue a warrant payment order to the treasurer who may then
  3  5 pay the drawee through an electronic funds transfer.
  3  6    The bill requires warrant lists to be preserved for at
  3  7 least two years.  Current Code requires that the original
  3  8 warrants be preserved for at least two years.  The bill allows
  3  9 counties to preserve warrants and warrant lists in electronic
  3 10 form if the requirements of Code chapter 554C are met.  
  3 11 LSB 5834HC 78
  3 12 sc/cf/24
     

Text: HSB00551                          Text: HSB00553
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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