SB 58 Modifies recording fees and their use
Sponsor: Dougherty
LR Number: 0328S.01I Fiscal Note: 0328-01
Committee: Ways & Means
Last Action: 1/13/2005 - Second Read and Referred S Ways & Means Committee Journal Page: S84
Title: Calendar Position:
Effective Date: August 28, 2005

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Current Bill Summary

SB 58 - Currently, in addition to the regular user fee an additional $3 fee is charged and collected for the recording of any instrument. This act increases the additional fee to $5. Of this $5 fee, $4.50 shall be forwarded monthly by the recorder of deeds to the Director of Revenue and will be placed in the Missouri Housing Trust Fund. The remaining 50 cents will be deposited in the recorder’s fund.

In addition, this act provides that an additional fee of $1 be charged and collected by each recorder. Such fees will be collected and forwarded monthly to the Director of Revenue and will be deposited in the Lifetime Home Fund.

This act is identical to SB 915 (2004).