House Study Bill 281



                                       HOUSE FILE       
                                       BY  (PROPOSED COMMITTEE ON
                                            JUDICIARY BILL BY
                                            CHAIRPERSON PAULSEN)


    Passed House, Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to the cost of procuring a supersedeas bond.
  2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  3 TLSB 3266HC 81
  4 rh/gg/14

PAG LIN



  1  1    Section 1.  Section 625A.9, Code 2005, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  4.  The amount paid by the judgment debtor
  1  4 to procure a supersedeas bond required by the judgment
  1  5 creditor to stay execution of the judgment shall be taxed as
  1  6 costs to the unsuccessful party unless otherwise ordered by
  1  7 the court.
  1  8                           EXPLANATION
  1  9    This bill provides that the amount paid by a judgment
  1 10 debtor to procure an appeal bond to prevent the judgment
  1 11 creditor from taking action to collect a money judgment
  1 12 entered against the judgment debtor while the appeal is
  1 13 pending shall be taxed as costs to the losing party unless
  1 14 otherwise ordered by the court.
  1 15 LSB 3266HC 81
  1 16 rh:rj/gg/14