House Journal: Page 1391: Friday, April 25, 2003
Page 8
1 transaction for which a fee is paid pursuant to
2 section 331.604 to be used for the purpose of paying
3 the county's ongoing costs of maintaining the systems
4 developed and implemented under subsection 1.
5 3. The county treasurer, on behalf of the
6 recorder, shall establish and maintain an interest-
7 bearing account into which all moneys collected
8 pursuant to subsections 1 and 2 shall be deposited.
9 4. The state government electronic transaction
10 fund is established in the office of the treasurer of
11 state under the control of the treasurer of state.
12 Moneys deposited into the fund are not subject to
13 section 8.33. Notwithstanding section 12C.7, interest
14 or earnings on moneys in the state government
15 electronic transaction fund shall be credited to the
16 fund. Moneys in the state government electronic
17 transaction fund are not subject to transfer,
18 appropriation, or reversion to any other fund, or any
19 other use except as provided in this subsection. The
20 treasurer of state shall enter into a contract with
21 the Iowa state association of counties affiliate
22 representing county recorders to develop, implement,
23 and maintain a statewide internet website for purposes
24 of providing electronic access to records and
25 information recorded or filed by county recorders. On
26 a monthly basis, the county treasurer shall pay one
27 dollar of each fee collected pursuant to subsection 1
28 to the treasurer of state for deposit into the state
29 government electronic transaction fund. Moneys
30 credited to the state government electronic
31 transaction fund are appropriated to the treasurer of
32 state to be used for contract costs. This subsection
33 is repealed June 30, 2004.
34 5. The pooled local government electronic
35 transaction fund is established in the office of the
36 treasurer of state under control of the treasurer of
37 state. Moneys deposited into the fund are not subject
38 to section 8.33. Notwithstanding section 12C.7,
39 interest or earnings on moneys in the pooled local
40 government electronic transaction fund shall be
41 credited to the fund. Moneys in the fund are not
42 subject to transfer, appropriation, or reversion to
43 any other fund, or any other use except as provided in
44 this subsection. On a quarterly basis, the county
45 treasurer shall pay four dollars of each fee collected
46 pursuant to subsection 1 and all fees collected
47 pursuant to subsection 2, to the treasurer of state
48 for deposit into the pooled local government
49 electronic transaction fund. Moneys credited to the
50 pooled local government electronic transaction fund
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League of Women Voters of Iowa
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URL: /DOCS/GA/80GA/Session.1/HJournal/01300/01391.html
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