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IA SF166

IA SF166
A bill for an act relating to bank utilization of filing services offered by the secretary of state. (Formerly SSB 1034.) Effective date: 07/01/2025.


summary

Introduced
01/30/2025
In Committee
Crossed Over
02/18/2025
Passed
04/17/2025
Dead
Signed/Enacted/Adopted
04/18/2025

Introduced Session

91st General Assembly

Bill Summary

AN ACT RELATING TO BANK UTILIZATION OF FILING SERVICES OFFERED BY THE SECRETARY OF STATE.

AI Summary

This bill modifies Iowa state law to clarify and expand the Secretary of State's filing services for banks. Specifically, the bill adds Chapter 524 (which relates to banking laws) to the list of areas where the Secretary of State can provide services, and establishes a new section that allows banks to request extra filing services from the Secretary of State and be charged a surcharge for those additional services. The new provisions are consistent with existing rules in chapter 9, subchapter II regarding such service fees. The bill will take effect on July 1, 2025, and appears to be primarily a technical amendment that formalizes and standardizes the process for banks to obtain additional filing services from the state government, potentially streamlining administrative procedures for financial institutions in Iowa.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Government (Senate)

Last Action

Signed by Governor. S.J. 845. (on 04/18/2025)

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