Senate
Study
Bill
1152
-
Introduced
SENATE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
LOCAL
GOVERNMENT
BILL
BY
CHAIRPERSON
GARRETT)
A
BILL
FOR
An
Act
relating
to
certain
payments
made
through
a
county
1
treasurer’s
internet
site.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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Section
1.
Section
446.32,
Code
2017,
is
amended
to
read
as
1
follows:
2
446.32
Payment
of
subsequent
taxes
by
purchaser.
3
The
county
treasurer
shall
provide
to
the
purchaser
of
a
4
parcel
sold
at
tax
sale
a
receipt
for
the
total
amount
paid
5
by
the
purchaser
after
the
date
of
purchase
for
a
subsequent
6
year.
Taxes
for
a
subsequent
year
may
be
paid
by
the
purchaser
7
beginning
one
month
and
fourteen
days
following
the
date
8
from
which
an
installment
becomes
delinquent
as
provided
in
9
section
445.37
.
Notwithstanding
any
provision
to
the
contrary,
10
a
subsequent
payment
must
be
received
and
recorded
by
the
11
treasurer
in
the
county
system
or
initiated
through
the
county
12
treasurer’s
authorized
internet
site
no
later
than
5:00
p.m.
on
13
the
last
business
day
of
the
month
for
interest
for
that
month
14
to
accrue
and
be
added
to
the
amount
due
under
section
447.1
.
15
However,
the
treasurer
may
establish
a
deadline
for
receipt
of
16
subsequent
payments
that
is
other
than
5:00
p.m.
on
the
last
17
business
day
of
the
month
to
allow
for
timely
processing
of
18
the
subsequent
payments.
Late
interest
shall
be
calculated
19
through
the
date
that
the
subsequent
payment
is
recorded
by
the
20
treasurer
in
the
county
system
or
initiated
through
the
county
21
treasurer’s
authorized
internet
site
.
In
no
instance
shall
the
22
date
of
postmark
of
a
subsequent
payment
be
used
by
a
treasurer
23
either
to
calculate
interest
or
to
determine
whether
interest
24
shall
accrue
on
the
subsequent
payment.
25
Sec.
2.
Section
447.1,
unnumbered
paragraph
1,
Code
2017,
26
is
amended
to
read
as
follows:
27
A
parcel
sold
under
this
chapter
and
chapter
446
may
be
28
redeemed
at
any
time
before
the
right
of
redemption
expires,
by
29
payment
to
the
county
treasurer,
to
be
held
by
the
treasurer
30
subject
to
the
order
of
the
purchaser,
of
the
amount
for
which
31
the
parcel
was
sold,
including
the
fee
for
the
certificate
32
of
purchase,
and
interest
of
two
percent
per
month,
counting
33
each
fraction
of
a
month
as
an
entire
month,
from
the
month
34
of
sale,
and
the
total
amount
paid
by
the
purchaser
or
the
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purchaser’s
assignee
for
any
subsequent
year,
with
interest
1
at
the
same
rate
added
on
the
amount
of
the
payment
for
each
2
subsequent
year
from
the
month
of
payment,
counting
each
3
fraction
of
a
month
as
an
entire
month.
The
amount
of
interest
4
must
be
at
least
one
dollar
and
shall
be
rounded
to
the
nearest
5
whole
dollar.
Interest
shall
accrue
on
subsequent
amounts
as
6
provided
in
section
446.32
.
The
redemption
must
be
received
7
by
the
treasurer
or
initiated
through
the
county
treasurer’s
8
authorized
internet
site
on
or
before
the
last
day
of
the
9
month
to
avoid
additional
interest
being
added
to
the
amount
10
necessary
to
redeem.
However,
if
the
last
day
of
a
month
11
falls
on
a
Saturday,
Sunday,
or
a
holiday,
the
payment
must
12
be
received
by
the
treasurer
or
initiated
through
the
county
13
treasurer’s
authorized
internet
site
by
the
close
of
business
14
on
the
first
business
day
of
the
following
month.
15
Sec.
3.
Section
447.12,
Code
2017,
is
amended
to
read
as
16
follows:
17
447.12
When
service
deemed
complete
——
presumption.
18
Service
is
complete
only
after
an
affidavit
has
been
19
filed
with
the
county
treasurer,
showing
the
making
of
the
20
service,
the
manner
of
service,
the
time
when
and
place
where
21
made,
under
whose
direction
the
service
was
made,
and
costs
22
incurred
as
provided
in
section
447.13
.
Costs
not
filed
with
23
the
treasurer
before
a
redemption
is
complete
shall
not
be
24
collected
by
the
treasurer.
Costs
shall
not
be
filed
with
25
the
treasurer
prior
to
the
filing
of
the
affidavit.
The
26
affidavit
shall
be
made
by
the
holder
of
the
certificate
or
by
27
the
holder’s
agent
or
attorney,
and
in
either
of
the
latter
28
cases
stating
that
the
affiant
is
the
agent
or
attorney
of
the
29
holder
of
the
certificate.
The
affidavit
shall
be
filed
by
the
30
treasurer
and
entered
in
the
county
system
and
is
presumptive
31
evidence
of
the
completed
service
of
the
notice.
The
right
of
32
redemption
shall
not
expire
until
ninety
days
after
service
33
is
complete.
A
redemption
shall
not
be
considered
valid
34
unless
received
by
the
treasurer
or
initiated
through
the
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county
treasurer’s
authorized
internet
site
prior
to
the
close
1
of
business
on
the
ninetieth
day
from
the
date
of
completed
2
service
except
in
the
case
of
a
public
bidder
certificate
held
3
by
the
county
in
which
case
the
county
may
accept
a
redemption
4
at
any
time
prior
to
the
issuance
of
the
tax
deed.
However,
if
5
the
ninetieth
day
falls
on
a
Saturday,
Sunday,
or
a
holiday,
6
payment
of
the
total
redemption
amount
must
be
received
by
7
the
treasurer
or
initiated
through
the
county
treasurer’s
8
authorized
internet
site
before
the
close
of
business
on
the
9
first
business
day
following
the
ninetieth
day.
The
date
of
10
postmark
of
a
redemption
shall
not
be
considered
as
the
day
the
11
redemption
was
received
by
the
treasurer
for
purposes
of
the
12
ninety-day
time
period.
13
EXPLANATION
14
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
15
the
explanation’s
substance
by
the
members
of
the
general
assembly.
16
This
bill
specifies
that
for
certain
property
tax
payments
17
and
redemption
amounts
under
Code
chapters
446
(tax
sales)
and
18
447
(tax
redemption),
and
for
purposes
of
calculating
amounts
19
of
interest
due,
such
payments
and
amounts
are
considered
20
received
by
the
county
treasurer
or
considered
valid
at
21
the
time
they
are
initiated
through
the
county
treasurer’s
22
authorized
internet
site.
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