HF 2111 (LSB 5429HV (8) 83)

PROVIDING NOTIFICATION TO THE DEPARTMENT OF WORKFORCE DEVELOPMENT BY THE SECRETARY OF STATE WHEN CERTAIN BUSINESS ENTITIES APPLY FOR REINSTATEMENT AFTER DISSOLUTION TO ENSURE CERTAIN TAX OBLIGATIONS HAVE BEEN FULFILLED.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 489.706, subsection 2, Code 2009, is amended to read as follows:
   2.  The secretary of state shall refer the federal tax identification number contained in the application for reinstatement to the department departments of revenue and workforce development. The department departments of revenue and workforce development shall report to the secretary of state the tax status of the limited liability company. If the either department reports to the secretary of state that a filing delinquency or liability exists against the limited liability company, the secretary of state shall not cancel the declaration of dissolution until the filing delinquency or liability is satisfied.

    Sec. 2.  Section 490.1422, subsection 2, paragraph a, Code 2009, is amended to read as follows:
   a.  The secretary of state shall refer the federal tax identification number contained in the application for reinstatement to the department departments of revenue and workforce development. The department departments of revenue and workforce development shall report to the secretary of state the tax status of the corporation. If the either department reports to the secretary of state that a filing delinquency or liability exists against the corporation, the secretary of state shall not cancel the certificate of dissolution until the filing delinquency or liability is satisfied.
    Sec. 3.  Section 490A.1322, subsection 2, paragraph a, Code 2009, is amended to read as follows:
   a.  The secretary of state shall refer the federal tax identification number contained in the application for reinstatement to the department departments of revenue and workforce development. The department departments of revenue and workforce development shall report to the secretary of state the tax status of the limited liability company. If the either department reports to the secretary of state that a filing delinquency or liability exists against the limited liability company, the secretary of state shall not cancel the certificate of dissolution until the filing delinquency or liability is satisfied.
    Sec. 4.  Section 501.813, subsection 2, paragraph a, Code 2009, is amended to read as follows:
   a.  The secretary of state shall refer the federal tax identification number contained in the application for reinstatement to the department departments of revenue and workforce development. The department departments of revenue and workforce development shall report to the secretary of state the tax status of the cooperative. If the either department reports to the secretary of state that a filing delinquency or liability exists against the cooperative, the secretary of state shall not cancel the certificate of dissolution until the filing delinquency or liability is satisfied.
    Sec. 5.  Section 504.1423, subsection 2, paragraph a, Code 2009, is amended to read as follows:
   a.  The secretary of state shall refer the federal tax identification number contained in the application for reinstatement to the department departments of revenue and workforce development. The department departments of revenue and workforce development shall report to the secretary of state the tax status of the corporation. If the either department reports to the secretary of state that a filing delinquency or liability exists against the corporation, the secretary of state shall not cancel the certificate of dissolution until the filing delinquency or liability is satisfied.

______________________________
PATRICK J. MURPHY

Speaker of the House

______________________________
JOHN P. KIBBIE

President of the Senate

   I hereby certify that this bill originated in the House and is known as House File 2111, Eighty-third General Assembly.

______________________________
MARK BRANDSGARD

Chief Clerk of the House
Approved _______________, 2010

______________________________
CHESTER J. CULVER

Governor