Bill Text: IA HF2286 | 2017-2018 | 87th General Assembly | Enrolled
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
House File 2286 - Enrolled HOUSE FILE BY COMMITTEE ON COMMERCE (SUCCESSOR TO HSB 596) \5 A BILL FOR \1 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 -1-