Senate Study Bill 1042 - Introduced SENATE/HOUSE FILE _____ BY (PROPOSED SECRETARY OF STATE BILL) A BILL FOR An Act relating to bank utilization of filing services offered 1 by the secretary of state. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1165XD (2) 90 es/rn
S.F. _____ H.F. _____ Section 1. Section 9.11, subsection 1, Code 2023, is amended 1 by adding the following new paragraph: 2 NEW PARAGRAPH . j. Chapter 524, including as provided in 3 section 524.303. 4 Sec. 2. NEW SECTION . 524.1423 Secretary of state extra 5 services surcharge. 6 Upon the request of a filer of a document under this chapter, 7 the secretary of state shall provide an extra filing service 8 and assess a surcharge as provided in sections 9.14 and 9.15. 9 EXPLANATION 10 The inclusion of this explanation does not constitute agreement with 11 the explanations substance by the members of the general assembly. 12 This bill relates to services provided by the secretary of 13 state to filers of documents pursuant to Code chapter 524. The 14 bill permits banks to use preclearance and expedited filing 15 services offered by the secretary of states office. 16 -1- LSB 1165XD (2) 90 es/rn 1/ 1