House
File
2660
-
Enrolled
House
File
2660
AN
ACT
RELATING
TO
DECEDENT
PROPERTY,
INCLUDING
DEPOSIT
ACCOUNTS,
SMALL
ESTATE
AFFIDAVITS,
AND
DISTRIBUTION
OF
CHILD
SUPPORT.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
524.805,
subsection
8,
Code
2026,
is
amended
to
read
as
follows:
8.
A
state
bank
may
receive
deposits
from
one
or
more
persons
with
the
provision
that
upon
the
death
of
the
depositors
the
deposit
account
shall
be
the
property
of
the
person
or
persons
designated
by
the
deceased
depositors
as
shown
on
the
deposit
account
records
of
the
state
bank.
After
payment
by
the
state
bank,
the
proceeds
shall
remain
subject
House
File
2660,
p.
2
to
any
debts
of
the
decedent
and
subject
to
any
payment
of
Iowa
inheritance
tax
for
resulting
from
a
death
occurring
prior
to
January
1,
2025.
A
state
bank
paying
the
person
or
persons
designated
shall
not
be
liable
as
a
result
of
that
action
for
any
debts
of
the
decedent
or
for
any
estate,
inheritance,
or
succession
taxes
which
may
be
due
this
state.
Sec.
2.
Section
633.356,
subsection
1,
unnumbered
paragraph
1,
Code
2026,
is
amended
to
read
as
follows:
When
the
gross
value
of
the
decedent’s
probate
assets
consist
only
of
personal
property
that
would
otherwise
be
distributed
by
will
or
intestate
succession
is
or
has
been,
at
any
time
since
and
the
gross
value
of
the
decedent’s
personal
property
is,
or
has
been
at
any
time
since
the
decedent’s
death,
fifty
one
hundred
thousand
dollars
or
less
and
there
is
no
real
property,
or
for
deaths
occurring
before
January
1,
2025,
the
real
property
passes
to
persons
exempt
from
inheritance
tax
as
joint
tenants
with
full
rights
of
survivorship
pursuant
to
chapter
450
,
and
if
forty
days
have
elapsed
since
the
death
of
the
decedent,
a
successor
as
defined
in
subsection
2
may,
by
furnishing
an
affidavit
prepared
pursuant
to
subsection
3
or
8
,
and
without
procuring
letters
of
appointment,
do
any
of
the
following
with
respect
to
one
or
more
items
of
such
personal
property:
Sec.
3.
Section
633.356,
subsection
3,
paragraph
a,
subparagraph
(3),
Code
2026,
is
amended
by
striking
the
subparagraph
and
inserting
in
lieu
thereof
the
following:
(3)
That
the
decedent’s
probate
assets
consist
only
of
personal
property,
with
no
interest
in
real
estate,
and
that
the
gross
value
of
the
decedent’s
personal
property
is,
or
has
been
at
any
time
since
the
decedent’s
death,
one
hundred
thousand
dollars
or
less.
Sec.
4.
Section
633.356,
subsection
3,
Code
2026,
is
amended
by
adding
the
following
new
paragraph:
NEW
PARAGRAPH
.
c.
Child
support
services,
as
created
in
section
252B.2,
shall
make
available
a
form
meeting
the
requirements
of
this
subsection
that
may
be
used,
if
appropriate,
by
a
successor
as
defined
in
subsection
2,
paragraph
“a”
or
“b”
,
when
child
support
services
or
the
collection
services
center,
as
created
in
section
252B.13A,
House
File
2660,
p.
3
is
the
holder
of
the
decedent’s
property
in
the
form
of
undistributed
child
support
owed
to
the
decedent.
______________________________
PAT
GRASSLEY
Speaker
of
the
House
______________________________
AMY
SINCLAIR
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
2660,
Ninety-first
General
Assembly.
______________________________
MEGHAN
NELSON
Chief
Clerk
of
the
House
Approved
_______________,
2026
______________________________
KIM
REYNOLDS
Governor