House File 2286 - Enrolled House File 2286 AN ACT PROHIBITING CITIES AND COUNTIES FROM IMPOSING TIME-OF-SALE REQUIREMENTS ON TRANSACTIONS INVOLVING REAL PROPERTY. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: Section 1. Section 331.301, subsection 6, Code 2018, is amended by adding the following new paragraph: NEW PARAGRAPH . d. A county shall not adopt an ordinance, motion, resolution, or amendment, or use any other means, that restricts an owner of real property from refinancing existing debt on, selling, or otherwise transferring title to the property by requiring the owner to take or show compliance with any action with respect to the property or pay any fee before, during, or after refinancing existing debt on, selling, or otherwise transferring title to the property. Sec. 2. Section 364.3, subsection 3, Code 2018, is amended by adding the following new paragraph: NEW PARAGRAPH . d. A city shall not adopt an ordinance, motion, resolution, or amendment, or use any other means, that restricts an owner of real property from refinancing existing debt on, selling, or otherwise transferring title to the property by requiring the owner to take or show compliance with any action with respect to the property or pay any fee before,

House File 2286, p. 2 during, or after refinancing existing debt on, selling, or transferring title to the property. ______________________________ LINDA UPMEYER Speaker of the House ______________________________ JACK WHITVER President of the Senate I hereby certify that this bill originated in the House and is known as House File 2286, Eighty-seventh General Assembly. ______________________________ CARMINE BOAL Chief Clerk of the House Approved _______________, 2018 ______________________________ KIM REYNOLDS Governor