Text: SF00407 Text: SF00409 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 22.7, subsection 32, Code 2001, is 1 2 amended to read as follows: 1 3 32. Social security numbers of the owners of unclaimed 1 4 property reported to the treasurer of state pursuant to 1 5 section 556.11, subsection 2, included on claim forms filed 1 6 with the treasurer of state pursuant to section 556.19, 1 7 included in outdated warrant reports received by the treasurer 1 8 of state pursuant to section 25.2, or stored in record systems 1 9 maintained by the treasurer of state for purposes of 1 10 administering chapter 556, or social security numbers of 1 11 payees included on state warrants included in records systems 1 12 maintained by the department of revenue and finance for the 1 13 purpose of documenting and tracking outdated warrants pursuant 1 14 to section 25.2. 1 15 However, information contained in reports by a holder of 1 16 property presumed abandoned under chapter 556, made to the 1 17 treasurer of state pursuant to section 556.11, subsection 2, 1 18 including but not limited to the social security numbers and 1 19 birth dates of persons who appear from the records of a holder 1 20 to be the owners of the property presumed to be abandoned, 1 21 shall be subject to disclosure by the treasurer, upon request, 1 22 to attorneys and private investigators licensed in this state, 1 23 for the purpose of confirming the identity of the owners or 1 24 heirs of the owners of the property that is presumed to be 1 25 abandoned. 1 26 Sec. 2. Section 422.43, subsection 11, unnumbered 1 27 paragraph 1, Code 2001, is amended to read as follows: 1 28 The following enumerated services are subject to the tax 1 29 imposed on gross taxable services: alteration and garment 1 30 repair; armored car; vehicle repair; battery, tire, and 1 31 allied; investment counseling; service charges of all 1 32 financial institutions; barber and beauty; boat repair; 1 33 vehicle wash and wax; carpentry; roof, shingle, and glass 1 34 repair; dance schools and dance studios; dating services; dry 1 35 cleaning, pressing, dyeing, and laundering; electrical and 2 1 electronic repair and installation; rental of tangible 2 2 personal property, except mobile homes which are tangible 2 3 personal property; excavating and grading; farm implement 2 4 repair of all kinds; flying service; furniture, rug, 2 5 upholstery repair and cleaning; fur storage and repair; golf 2 6 and country clubs and all commercial recreation; house and 2 7 building moving; household appliance, television, and radio 2 8 repair; jewelry and watch repair; limousine service, including 2 9 driver; machine operator; machine repair of all kinds; motor 2 10 repair; motorcycle, scooter, and bicycle repair; oilers and 2 11 lubricators; office and business machine repair; painting, 2 12 papering, and interior decorating; parking facilities; pipe 2 13 fitting and plumbing; wood preparation; licensed executive 2 14 search agencies; private employment agencies, excluding 2 15 services for placing a person in employment where the 2 16 principal place of employment of that person is to be located 2 17 outside of the state; sewage services for nonresidential 2 18 commercial operations; sewing and stitching; shoe repair and 2 19 shoeshine; sign construction and installation; storage of 2 20 household goods, mini-storage, and warehousing of raw 2 21 agricultural products; swimming pool cleaning and maintenance; 2 22 taxidermy services; telephone answering service; test 2 23 laboratories, including mobile testing laboratories and field 2 24 testing by testing laboratories, and excluding tests on humans 2 25 or animals; termite, bug, roach, and pest eradicators; tin and 2 26 sheet metal repair; turkish baths, massage, and reducing 2 27 salons, excluding services provided by massage therapists 2 28 licensed under chapter 152C; weighing; welding; well drilling; 2 29 wrapping, packing, and packaging of merchandise other than 2 30 processed meat, fish, fowl, and vegetables; wrecking service; 2 31 wrecker and towing; pay television; campgrounds; carpet and 2 32 upholstery cleaning; gun and camera repair; janitorial and 2 33 building maintenance or cleaning; lawn care, landscaping, and 2 34 tree trimming and removal; pet grooming; reflexology; security 2 35and detectiveservices; tanning beds or salons; and water 3 1 conditioning and softening. 3 2 Sec. 3. Section 556.11, unnumbered paragraph 1, which 3 3 follows subsection 8, paragraph b, Code 2001, is amended to 3 4 read as follows: 3 5 9. All agreements to pay compensation to recover or assist 3 6 in the recovery of property reported under this section, made 3 7 within twenty-four months after the date payment or delivery 3 8 is made under section 556.13 are unenforceable. However, such 3 9 agreements made after twenty-four months from the date of 3 10 payment or delivery are valid if the fee or compensation 3 11 agreed upon is not more thanfifteenthirty percent of the 3 12 recoverable property, the agreement is in writing and signed 3 13 by the owner, and the writing discloses the nature and value 3 14 of the property and the name and address of the person in 3 15 possession. This section does not prevent an owner from 3 16 asserting, at any time, that an agreement to locate property 3 17 is based upon excessive or unjust consideration. This section 3 18 does not apply to an owner who has a bona fide fee contract 3 19 with a practicing attorney and counselor as described in 3 20 chapter 602, article 10. 3 21 EXPLANATION 3 22 This bill relates to investigators, detectives, and 3 23 attorneys and their recovery of abandoned property and the 3 24 taxation of their services. It amends Code section 22.7, 3 25 subsection 32, to provide that information contained in 3 26 reports by a holder of property presumed abandoned, which are 3 27 made to the state treasurer, including social security numbers 3 28 and birth dates of persons who appear to be the owners of the 3 29 property, which is now considered to be confidential is 3 30 subject to disclosure to licensed attorneys and private 3 31 investigators in this state for the purpose of confirming the 3 32 identity of the owners or heirs of the owners of the property 3 33 that is presumed abandoned. 3 34 The bill eliminates detective services from the listing of 3 35 those services upon which the sales tax on services is 4 1 imposed. 4 2 The bill increases from 15 percent to 30 percent the 4 3 maximum rate that may be agreed upon for the recovery or 4 4 assistance in recovery of abandoned property after 24 months 4 5 from the date of payment or delivery. 4 6 LSB 2543XS 79 4 7 av/pj/5.1
Text: SF00407 Text: SF00409 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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