Text: HF00298 Text: HF00300 Text: HF00200 - HF00299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 331.301, subsection 10, paragraph e, 1 2 subparagraph (1), Code 2001, is amended by adding the 1 3 following new paragraph: 1 4 NEW UNNUMBERED PARAGRAPH. However, if the principal amount 1 5 of a lease or lease-purchase contract pursuant to subparagraph 1 6 (1) is less than twenty-five thousand dollars, the board may 1 7 authorize the lease or lease-purchase contract without 1 8 following the authorization procedures of section 331.443. 1 9 Sec. 2. Section 331.507, subsection 2, paragraph a, 1 10 unnumbered paragraph 1, Code 2001, is amended to read as 1 11 follows: 1 12 For a transfer of property made in the transfer records, 1 13fiveten dollars for each separate parcel of real estate 1 14 described in a deed, or transfer of title certified by the 1 15 clerk of the district court. However, the fee shall not 1 16 exceedfiftyone hundred dollars for a transfer of property 1 17 which is described in one instrument of transfer. 1 18 Sec. 3. Section 426.7, Code 2001, is amended to read as 1 19 follows: 1 20 426.7 WARRANTS DRAWN BY DIRECTOR. 1 21 After receiving from the county auditors the certifications 1 22 provided for in section 426.6, and during the following fiscal 1 23 year, the director of revenue and finance shall draw warrants 1 24 on the agricultural land credits fund created in section 1 25 426.1, payable to the county treasurers in the amount 1 26 certified by the county auditors of the respective counties 1 27 and mail the warrants to the county auditors on August 15 of 1 28 each year taking into consideration the relative budget and 1 29 cash position of the state resources. However, if the 1 30 agricultural land credits fund is insufficient to pay in full 1 31 the total of the amounts certified to the director of revenue 1 32 and finance, the director shall prorate the fund to the county 1 33 treasurers and notify the county auditors of the pro rata 1 34 percentage on or beforeAugustJune 1. 1 35 Sec. 4. Section 558.57, unnumbered paragraph 1, Code 2001, 2 1 is amended to read as follows: 2 2 The recorder shall not record any deed, real estate 2 3 contract, or other instrument unconditionally conveying real 2 4 estate until the proper entries have been made upon the 2 5 transfer books in the auditor's office, and endorsement made 2 6 upon the deed, real estate contract, or other instrument 2 7 properly dated and officially signed, in substantially the 2 8 following form: 2 9 Sec. 5. Section 558.58, subsection 1, unnumbered paragraph 2 10 1, Code 2001, is amended to read as follows: 2 11 At the time of filing a deed, real estate contract, or 2 12 other instrument mentioned in section 558.57, the recorder 2 13 shall collect from the person filing the deed, real estate 2 14 contract, or instrument the recording fee provided by law and 2 15 the auditor's transfer fee, except as provided in subsection 2 16 2. The recorder shall deliver the deed, real estate contract, 2 17 or instrument to the county auditor, after endorsing upon the 2 18 instrument the following: 2 19 Sec. 6. Section 595.5, subsection 2, Code 2001, is amended 2 20 by striking the subsection. 2 21 Sec. 7. Section 598.21, subsection 1, unnumbered paragraph 2 22 1, Code 2001, is amended to read as follows: 2 23 Upon every judgment of annulment, dissolution, or separate 2 24 maintenance the court shall divide the property of the parties 2 25 and transfer the title of the property accordingly, including 2 26 issuance of a quitclaim deed or a change of title for tax 2 27 purposes and delivery of the deed or change of title to the 2 28 county recorder of the county in which each parcel of real 2 29 estate is located. The county recorder shall record each 2 30 quitclaim deed or change of title with or without the payment 2 31 of recording fees. The court may protect and promote the best 2 32 interests of children of the parties by setting aside a 2 33 portion of the property of the parties in a separate fund or 2 34 conservatorship for the support, maintenance, education and 2 35 general welfare of the minor children. The court shall divide 3 1 all property, except inherited property or gifts received by 3 2 one party, equitably between the parties after considering all 3 3 of the following: 3 4 EXPLANATION 3 5 This bill includes changes in the administration of a 3 6 county by the board of supervisors and other county officers. 3 7 Code section 331.301 is amended to provide that the board 3 8 of supervisors may authorize lease or lease-purchase contracts 3 9 without following procedures related to the issuance of 3 10 essential corporate bonds if the cost of the lease or lease- 3 11 purchase contract is less than $25,000. 3 12 Code section 331.507 is amended to increase the fee charged 3 13 by the county auditor for a transfer of property in the 3 14 transfer records from $5 to $10 and the maximum fee from $50 3 15 to $100 for a transfer of property which is described in one 3 16 instrument of transfer. Code sections 558.57 and 558.58 are 3 17 also amended to require that real estate contracts be entered 3 18 in the county auditor's transfer book which would require the 3 19 transfer fee of $10 to be collected. 3 20 Code section 426.7 is amended to provide that the director 3 21 of revenue and finance shall notify the county auditors of the 3 22 pro rata share of the agricultural land tax credit on or 3 23 before June 1 instead of August 1. 3 24 Code section 595.5 is amended to strike a subsection which 3 25 requires a county registrar to send a certified copy of a 3 26 return of marriage to the recorder's office of each county 3 27 where real estate is owned by either of the parties to the 3 28 marriage upon the parties' request. Under that subsection, 3 29 the return of marriage including the names and former names of 3 30 the parties is to be recorded in the miscellaneous records of 3 31 the recorder's office. 3 32 Code section 598.21 is amended to provide that when a 3 33 judgment of annulment, dissolution, or separate maintenance is 3 34 ordered, the court shall divide the property of the parties 3 35 and transfer the title of property accordingly, including the 4 1 issuance of a quitclaim deed or change of title for tax 4 2 purposes and delivery of the deed or change of title to the 4 3 appropriate county recorder so that the quitclaim deed or 4 4 change of title is recorded with or without the payment of 4 5 recording fees. 4 6 LSB 2416HH 79 4 7 tj/pj/5
Text: HF00298 Text: HF00300 Text: HF00200 - HF00299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Wed May 9 09:40:40 CDT 2001
URL: /DOCS/GA/79GA/Legislation/HF/00200/HF00299/010219.html
jhf