Bill Text: IA SSB3153 | 2017-2018 | 87th General Assembly | Introduced
Bill Title: A bill for an act relating to fees established and collected by the county treasurer at a tax sale and including applicability provisions.
Spectrum: Committee Bill
Status: (N/A - Dead) 2018-03-06 - Subcommittee recommends amendment and passage. [SSB3153 Detail]
Download: Iowa-2017-SSB3153-Introduced.html
Senate
Study
Bill
3153
-
Introduced
SENATE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
WAYS
AND
MEANS
BILL
BY
CHAIRPERSON
FEENSTRA)
A
BILL
FOR
An
Act
relating
to
fees
established
and
collected
by
the
1
county
treasurer
at
a
tax
sale
and
including
applicability
2
provisions.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
TLSB
6165XC
(1)
87
md/jh
S.F.
_____
Section
1.
Section
446.16,
subsection
2,
Code
2018,
is
1
amended
to
read
as
follows:
2
2.
a.
The
treasurer
may
establish
and
collect
a
reasonable
3
registration
fee
from
each
registered
bidder
at
the
tax
sale.
4
The
fee
shall
not
be
assessed
against
a
county
or
municipality.
5
The
total
of
the
fees
collected
under
this
paragraph
shall
6
not
exceed
the
total
costs
of
the
tax
sale.
Registration
7
fees
collected
under
this
paragraph
shall
be
deposited
in
the
8
general
fund
of
the
county.
9
b.
(1)
In
addition
to
the
registration
fee
established
and
10
collected
under
paragraph
“a”
,
the
treasurer
shall
establish
11
and
collect
an
out-of-state
bidder
fee
from
each
registered
12
bidder
that
is
assessed
a
registration
fee
under
paragraph
“a”
13
in
an
amount
equal
to
two
hundred
percent
of
the
amount
of
the
14
registration
fee
collected
from
the
bidder
under
paragraph
“a”
,
15
unless
the
registered
bidder
is
one
of
the
following:
16
(a)
An
individual
resident
of
this
state.
17
(b)
A
domestic
business
entity
as
defined
in
section
18
501A.102.
19
(2)
Out-of-state
bidder
fees
collected
under
this
paragraph
20
shall
be
deposited
in
the
general
fund
of
the
county.
21
Sec.
2.
APPLICABILITY.
This
Act
applies
to
tax
sales
22
occurring
on
or
after
July
1,
2018.
23
EXPLANATION
24
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
25
the
explanation’s
substance
by
the
members
of
the
general
assembly.
26
Code
section
446.16,
subsection
2,
authorizes
the
county
27
treasurer
to
establish
and
collect
a
reasonable
registration
28
fee
from
each
registered
bidder
at
a
tax
sale,
excluding
a
29
county
or
a
municipality.
This
bill
provides
that,
in
addition
30
to
the
registration
fee
established
and
collected
from
each
31
registered
bidder
at
the
tax
sale,
the
county
treasurer
is
32
required
to
establish
and
collect
an
out-of-state
bidder
fee
33
from
each
registered
bidder
that
is
assessed
the
registration
34
fee,
unless
the
registered
bidder
is
either
an
individual
35
-1-
LSB
6165XC
(1)
87
md/jh
1/
2
S.F.
_____
resident
of
this
state
or
a
domestic
business
entity
as
defined
1
in
Code
section
501A.102.
The
bill
requires
out-of-state
2
bidder
fees
collected
under
the
bill
to
be
deposited
in
the
3
general
fund
of
the
county.
By
operation
of
law,
Code
section
4
446.16
is
also
applicable
to
cities
acting
under
a
special
5
charter
pursuant
to
Code
chapter
420.
6
The
bill
applies
to
tax
sales
occurring
on
or
after
July
1,
7
2018.
8
-2-
LSB
6165XC
(1)
87
md/jh
2/
2
