House
Study
Bill
119
-
Introduced
HOUSE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
STATE
GOVERNMENT
BILL
BY
CHAIRPERSON
KAUFMANN)
A
BILL
FOR
An
Act
repealing
the
requirement
that
a
groundwater
hazard
1
statement
be
submitted
with
each
declaration
of
value
that
2
is
submitted
to
a
county
recorder
in
order
to
grant,
assign,
3
transfer,
or
convey
real
property.
4
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
5
TLSB
2240YC
(1)
88
ko/jh
H.F.
_____
Section
1.
Section
331.606B,
subsection
5,
paragraph
i,
1
Code
2019,
is
amended
by
striking
the
paragraph.
2
Sec.
2.
Section
543B.3,
subsection
9,
Code
2019,
is
amended
3
to
read
as
follows:
4
9.
Prepares
offers
to
purchase
or
purchase
agreements,
5
listing
contracts,
agency
disclosures,
real
property
6
residential
and
agricultural
rental
agreements,
and
real
7
property
commercial
rental
agreements
of
one
year
or
less,
and
8
groundwater
hazard
statements,
including
any
modifications,
9
amendments,
or
addendums
to
these
specific
documents.
10
Sec.
3.
REPEAL.
Section
558.69,
Code
2019,
is
repealed.
11
EXPLANATION
12
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
13
the
explanation’s
substance
by
the
members
of
the
general
assembly.
14
This
bill
repeals
the
requirement
that
a
groundwater
hazard
15
statement
must
be
submitted
with
each
declaration
of
value
that
16
is
submitted
to
a
county
recorder
in
order
to
grant,
assign,
17
transfer,
or
convey
real
property.
18
The
bill
makes
conforming
changes.
19
-1-
LSB
2240YC
(1)
88
ko/jh
1/
1