HF 396 (LSB 1415HV (1) 91)

HOUSE FILE 396

BY  COMMITTEE ON STATE GOVERNMENT

(SUCCESSOR TO HSB 70)

(COMPANION TO SF 166 BY COMMITTEE ON STATE GOVERNMENT)

A BILL FOR

An Act relating to bank utilization of filing services offered by the secretary of state.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 9.11, subsection 1, Code 2025, is amended by adding the following new paragraph:
   NEW PARAGRAPH.  j.  Chapter 524, including as provided in section 524.303.
    Sec. 2.  NEW SECTION.  524.2002  Secretary of state —— extra services —— surcharge.
   Upon the request of a filer of a document under this chapter, the secretary of state shall provide an extra filing service and assess a surcharge as provided in chapter 9, subchapter II.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill relates to services provided by the secretary of state to filers of documents pursuant to Code chapter 524. The bill permits banks to use preclearance and expedited filing services offered by the secretary of state’s office.