331.605C  Electronic transaction fee -- audit.

1.  For the fiscal year beginning July 1, 2003, and ending June 30, 2004, the recorder shall collect a fee of five dollars for each recorded transaction, regardless of the number of pages, for which a fee is paid pursuant to section 331.604 to be used for the purposes of planning and implementing electronic recording and electronic transactions in each county and developing county and statewide internet websites to provide electronic access to records and information.

2.  Beginning July 1, 2004, the recorder shall collect a fee of one dollar for each recorded transaction, regardless of the number of pages, for which a fee is paid pursuant to section 331.604 to be used for the purpose of paying the county's ongoing costs of maintaining the systems developed and implemented under subsection 1.

3.  The county treasurer, on behalf of the recorder, shall establish and maintain an interest-bearing account into which all moneys collected pursuant to subsections 1 and 2 shall be deposited.

4.  The local electronic government transaction fund is established in the office of the treasurer of state under the control of the treasurer of state. Moneys deposited into the fund are not subject to section 8.33. Notwithstanding section 12C.7, interest or earnings on moneys in the local electronic government transaction fund shall be credited to the fund. Moneys in the local electronic government transaction fund are not subject to transfer, appropriation, or reversion to any other fund, or any other use except as provided in this subsection. The treasurer of state shall enter into a contract with the Iowa state association of counties affiliate representing county recorders to hold the fund for the development, implementation, and maintenance of a statewide internet website for purposes of providing electronic access to records and information recorded or filed by county recorders. On a monthly basis, the county treasurer shall pay one dollar of each fee collected pursuant to subsection 1 to the treasurer of state for deposit into the local electronic government transaction fund. Moneys credited to the local electronic government transaction fund are appropriated to the treasurer of state to be used for contract costs. This subsection is repealed June 30, 2004.

5.  The pooled local government electronic transaction fund is established in the office of the treasurer of state under control of the treasurer of state. Moneys deposited into the fund are not subject to section 8.33. Notwithstanding section 12C.7, interest or earnings on moneys in the pooled local government electronic transaction fund shall be credited to the fund. Moneys in the fund are not subject to transfer, appropriation, or reversion to any other fund, or any other use except as provided in this subsection. On a quarterly basis, the county treasurer shall pay four dollars of each fee collected pursuant to subsection 1 and all fees collected pursuant to subsection 2, to the treasurer of state for deposit into the pooled local government electronic transaction fund. Moneys credited to the pooled local government electronic transaction fund are appropriated to the treasurer of state to be distributed equally to all counties and paid to the county treasurers of each county within thirty days after the moneys are received by the treasurer of state. Moneys received by a county treasurer pursuant to this subsection shall be deposited into the account established and maintained by the county treasurer on behalf of the county recorder under subsection 3, and shall be used by the county recorder for the purposes set forth in subsections 1 and 2.

6.  The recorder shall make available any information required by the county auditor or auditor of state concerning the fees collected under this section for the purposes of determining the amount of fees collected and the uses for which such fees are expended.

Section History: Recent form

  2003 Acts, ch 178, §25; 2003 Acts, ch 179, §124, 125


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