Bill Text: IA HSB70 | 2025-2026 | 91st General Assembly | Introduced


Bill Title: A bill for an act relating to bank utilization of filing services offered by the secretary of state.(See HF 396.)

Spectrum: Committee Bill

Status: (Introduced) 2025-02-13 - Committee report approving bill, renumbered as HF 396. [HSB70 Detail]

Download: Iowa-2025-HSB70-Introduced.html
House Study Bill 70 - Introduced SENATE/HOUSE FILE _____ BY (PROPOSED SECRETARY OF STATE BILL) A BILL FOR An Act relating to bank utilization of filing services offered 1 by the secretary of state. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1415XD (2) 91 nls/ko
S.F. _____ H.F. _____ Section 1. Section 9.11, subsection 1, Code 2025, is amended 1 by adding the following new paragraph: 2 NEW PARAGRAPH . j. Chapter 524, including as provided in 3 section 524.303. 4 Sec. 2. NEW SECTION . 524.2002 Secretary of state —— extra 5 services —— surcharge. 6 Upon the request of a filer of a document under this chapter, 7 the secretary of state shall provide an extra filing service 8 and assess a surcharge as provided in chapter 9, subchapter II. 9 EXPLANATION 10 The inclusion of this explanation does not constitute agreement with 11 the explanation’s substance by the members of the general assembly. 12 This bill relates to services provided by the secretary of 13 state to filers of documents pursuant to Code chapter 524. The 14 bill permits banks to use preclearance and expedited filing 15 services offered by the secretary of state’s office. 16 -1- LSB 1415XD (2) 91 nls/ko 1/ 1
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