Fees for recording and filing instruments with the registers of deeds; the portion of such fees used for the land information program; and the minimum state grant amounts under the program. (FE)
Impact
The adjustments proposed in SB872 have significant implications for state laws regarding land information systems. By increasing fees, the bill aims to enhance the funding available for the land information program, which helps streamline land record management across counties. The expanded retention allowance for counties may incentivize them to set up and maintain adequate land information offices. This funding shift is expected to improve the infrastructure for land records, making information more accessible for both state agencies and the public, potentially enhancing overall efficiency in land transactions and management.
Summary
Senate Bill 872, introduced on January 5, 2024, aims to amend various statutes concerning fees for recording and filing instruments with the county registers of deeds in Wisconsin. The bill proposes to raise the general recording and filing fee from $30 to $45. It changes the contributions that counties must submit to the Department of Administration (DOA) for the land information program from $15 to $30 while allowing counties to retain more of the fees, increasing the amount from $8 to $15 when specific requirements are met. Furthermore, the bill increases the minimum state grant awarded to counties for education and training under this program from $1,000 to $5,000, with the base grant amount increased from $100,000 to $175,000, reflecting the new fee structure.
Contention
While the bill aims to improve the land information program, it may also generate discussion about the financial burden it places on individuals and businesses that require recording services. Opponents might argue that increasing fees could lead to reduced access to necessary services for lower-income residents or small businesses. The debate may center around whether the benefits of enhanced funding for land information justifies the higher costs imposed on constituents and whether the increase in fees aligns with the principle of equitable access to public services.
Fees for recording and filing instruments with the registers of deeds; the portion of such fees used for the land information program; and the minimum state grant amounts under the program. (FE)
The amount and distribution of the real estate transfer fee, grants under the land information program, real property recording notification systems, and making an appropriation. (FE)
The amount and distribution of the real estate transfer fee, grants under the land information program, real property recording notification systems, and making an appropriation. (FE)