Bill Text: IA HF2286 | 2017-2018 | 87th General Assembly | Enrolled

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Bill Title: A bill for an act prohibiting cities and counties from imposing time-of-sale requirements on transactions involving real property. (Formerly HSB 596.) Effective 7-1-18.

Spectrum: Committee Bill

Status: (Passed) 2018-03-15 - Signed by Governor. H.J. 595. [HF2286 Detail]

Download: Iowa-2017-HF2286-Enrolled.html

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House File 2286 - Enrolled




                              HOUSE FILE       
                              BY  COMMITTEE ON COMMERCE

                              (SUCCESSOR TO HSB 596)
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                                   A BILL FOR
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                                        House File 2286

                             AN ACT
 PROHIBITING CITIES AND COUNTIES FROM IMPOSING
    TIME=OF=SALE REQUIREMENTS ON TRANSACTIONS INVOLVING REAL
    PROPERTY.

 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
    Section 1.  Section 331.301, subsection 6, Code 2018, is
 amended by adding the following new paragraph:
    NEW PARAGRAPH.  d.  A county shall not adopt an ordinance,
 motion, resolution, or amendment, or use any other means, that
 restricts an owner of real property from refinancing existing
 debt on, selling, or otherwise transferring title to the
 property by requiring the owner to take or show compliance with
 any action with respect to the property or pay any fee before,
 during, or after refinancing existing debt on, selling, or
 otherwise transferring title to the property.
    Sec. 2.  Section 364.3, subsection 3, Code 2018, is amended
 by adding the following new paragraph:
    NEW PARAGRAPH.  d.  A city shall not adopt an ordinance,
 motion, resolution, or amendment, or use any other means, that
 restricts an owner of real property from refinancing existing
 debt on, selling, or otherwise transferring title to the
 property by requiring the owner to take or show compliance with
 any action with respect to the property or pay any fee before,
 during, or after refinancing existing debt on, selling, or
 transferring title to the property.


                                                                                            LINDA UPMEYER


                                                                                            JACK WHITVER


                                                                                            CARMINE BOAL


                                                                                            KIM REYNOLDS

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