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Bill > HF396


IA HF396

IA HF396
A bill for an act relating to bank utilization of filing services offered by the secretary of state.(Formerly HSB 70.)


summary

Introduced
02/13/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill relates to services provided by the secretary of state to filers of documents pursuant to Code chapter 524. The bill permits banks to use preclearance and expedited filing services offered by the secretary of state’s office.

AI Summary

This bill modifies Iowa's state law to allow banks to utilize additional filing services offered by the secretary of state's office, specifically by adding provisions for preclearance and expedited document filing. The bill amends Section 9.11 to include bank-related documents (specifically those under Chapter 524) in the list of document types eligible for extra services, and creates a new section (524.2002) that explicitly permits the secretary of state to provide extra filing services for bank documents upon request, with the ability to assess a surcharge for these services. The bill essentially expands the administrative options for banks when submitting documents, giving them more flexible and potentially faster filing methods through the secretary of state's office, with the understanding that such expedited or specialized services will come with an additional fee.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Government (House)

Last Action

Withdrawn. H.J. 607. (on 03/11/2025)

bill text


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