Text: HF00288 Text: HF00290 Text: HF00200 - HF00299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 HOUSE FILE 289
1 2
1 3 AN ACT
1 4 RELATING TO ELECTRONIC FINANCIAL TRANSACTIONS WITH COUNTY
1 5 TREASURERS.
1 6
1 7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 8
1 9 Section 1. Section 12C.1, subsection 2, paragraph e, Code
1 10 2003, is amended to read as follows:
1 11 e. "Public funds" and "public deposits" mean the moneys of
1 12 the state or a political subdivision or instrumentality of the
1 13 state including a county, school corporation, special
1 14 district, drainage district, unincorporated town or township,
1 15 municipality, or municipal corporation or any agency, board,
1 16 or commission of the state or a political subdivision; any
1 17 court or public body noted in subsection 1; a legal or
1 18 administrative entity created pursuant to chapter 28E; an
1 19 electric power agency as defined in section 28F.2 or 476A.20;
1 20 and federal and state grant moneys of a quasi-public state
1 21 entity that are placed in a depository pursuant to this
1 22 chapter; and moneys placed in a depository for the purpose of
1 23 completing an electronic financial transaction pursuant to
1 24 section 14B.203 or 331.427.
1 25 Sec. 2. Section 12C.4, Code 2003, is amended to read as
1 26 follows:
1 27 12C.4 LOCATION OF DEPOSITORIES.
1 28 Deposits by the treasurer of state shall be in depositories
1 29 located in this state; by a county officer or county public
1 30 hospital officer or merged area hospital officer, in
1 31 depositories located in the county or in an adjoining county
1 32 within this state; by a memorial hospital treasurer, in a
1 33 depository located within this state which shall be selected
1 34 by the memorial hospital treasurer and approved by the
1 35 memorial hospital commission; by a city treasurer or other
2 1 city financial officer, in depositories located in the county
2 2 in which the city is located or in an adjoining county, but if
2 3 there is no depository in the county in which the city is
2 4 located or in an adjoining county then in any other depository
2 5 located in this state which shall be selected as a depository
2 6 by the city council; by a school treasurer or by a school
2 7 secretary in a depository within this state which shall be
2 8 selected by the board of directors or the trustees of the
2 9 school district; by a township clerk in a depository located
2 10 within this state which shall be selected by the township
2 11 clerk and approved by the trustees of the township. However,
2 12 deposits may be made in depositories outside of Iowa for the
2 13 purpose of paying principal and interest on bonded
2 14 indebtedness of any municipality when the deposit is made not
2 15 more than ten days before the date the principal or interest
2 16 becomes due. Further, the treasurer of state may maintain an
2 17 account or accounts outside the state of Iowa for the purpose
2 18 of providing custodial services for the state and state
2 19 retirement fund accounts. Deposits made for the purpose of
2 20 completing an electronic financial transaction pursuant to
2 21 section 14B.203 or 331.427 may be made in any depository
2 22 located in this state.
2 23 Sec. 3. Section 331.427, Code 2003, is amended by adding
2 24 the following new subsection:
2 25 NEW SUBSECTION. 1A. Fees and charges including service
2 26 delivery fees, credit card fees, and electronic funds transfer
2 27 charges payable to a third party, not to the county, that are
2 28 imposed for completing an electronic financial transaction
2 29 with the county are not considered county revenues for
2 30 purposes of subsection 1.
2 31 Sec. 4. Section 331.553, subsection 5, Code 2003, is
2 32 amended to read as follows:
2 33 5. Accept credit cards and electronic transfers of funds
2 34 in payment of moneys due to the county, including but not
2 35 limited to credits and reimbursements received from the state,
3 1 tax payments, and tax sale redemptions. A county treasurer
3 2 may adjust fees to reflect the cost of processing such
3 3 payments.
3 4 Sec. 5. Section 445.57, Code 2003, is amended by adding
3 5 the following new unnumbered paragraph after unnumbered
3 6 paragraph 2:
3 7 NEW UNNUMBERED PARAGRAPH. Fees and charges including
3 8 service delivery fees, credit card fees, and electronic funds
3 9 transfer charges payable to a third party, not to the county,
3 10 that are imposed for completing an electronic financial
3 11 transaction with the county are not considered taxes collected
3 12 for the purposes of this section.
3 13
3 14
3 15
3 16 CHRISTOPHER C. RANTS
3 17 Speaker of the House
3 18
3 19
3 20
3 21 MARY E. KRAMER
3 22 President of the Senate
3 23
3 24 I hereby certify that this bill originated in the House and
3 25 is known as House File 289, Eightieth General Assembly.
3 26
3 27
3 28
3 29 MARGARET THOMSON
3 30 Chief Clerk of the House
3 31 Approved , 2003
3 32
3 33
3 34
3 35 THOMAS J. VILSACK
4 1 Governor
Text: HF00288 Text: HF00290 Text: HF00200 - HF00299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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