Text: SSB01021 Text: SSB01023 Text: SSB01000 - SSB01099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. NEW SECTION. 331.605C ELECTRONIC TRANSACTIONS
1 2 FEE AUDIT.
1 3 1. The recorder shall also collect a fee of five dollars
1 4 for each recorded transaction for which a fee is paid pursuant
1 5 to section 331.604 to be used for the purposes of planning and
1 6 implementing electronic recording and electronic transactions
1 7 in each county and developing county and statewide websites to
1 8 provide electronic access to records and information. The
1 9 treasurer, on behalf of the recorder, shall establish and
1 10 maintain an interest-bearing account into which all moneys
1 11 collected pursuant to this section shall be deposited. The
1 12 recorder shall use the moneys deposited in the account to
1 13 carry out the purposes of this section. The recorder may
1 14 cooperate with other entities, boards, and agencies to
1 15 establish methods for electronic recording and conducting of
1 16 transactions and may participate in other joint ventures which
1 17 further the purposes of this subsection.
1 18 2. The recorder shall make available any information
1 19 required by the county or state auditor concerning the fees
1 20 collected under this section for the purposes of determining
1 21 the amount of fees collected and the uses for which such fees
1 22 are expended.
1 23 EXPLANATION
1 24 This bill allows the county recorder to collect an
1 25 electronic transactions fee of $5 for each recorded
1 26 transaction for which a fee is already paid pursuant to the
1 27 general recording and filing fee requirements of Code section
1 28 331.604. The purpose of the electronic transactions fee is to
1 29 fund the planning and implementation of electronic recording
1 30 and electronic transactions in each county and development of
1 31 county and statewide websites.
1 32 The bill provides that the county treasurer shall establish
1 33 and maintain an interest-bearing account into which all
1 34 electronic transactions fees collected are deposited. The
1 35 bill provides that the recorder may cooperate with other
2 1 entities, boards, and agencies and participate in other joint
2 2 ventures to carry out the purposes of planning and
2 3 implementing electronic transactions in the county. The bill
2 4 also provides that the recorder shall make information
2 5 available to the county or state auditor concerning the fees
2 6 collected pursuant to the bill and the uses for which the fees
2 7 are expended.
2 8 LSB 1764SC 80
2 9 av/cl/14
Text: SSB01021 Text: SSB01023 Text: SSB01000 - SSB01099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
© 2003 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: Tue Feb 18 11:45:08 CST 2003
URL: /DOCS/GA/80GA/Legislation/SSB/01000/SSB01022/030128.html
jhf