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).