| SB 0411 | Separate circuit clerks and recorders in certain counties; recorders' fees |
| Sponsor: | Maxwell | |||
| LR Number: | S1699.01I | Fiscal Note: | 1699-01 | |
| Committee: | Local Government and Economic Development | |||
| Last Action: | 03/02/99 - Voted Do Not Pass S Local Government & Economic | Journal page: | ||
| Development Committee | ||||
| Title: | ||||
| Effective Date: | August 28, 1999 | |||
SB 411 - This act separates the offices of circuit clerk and recorder of deeds in third classification counties. Current law establishes separate offices in first, second and certain third classification counties.
Current law requires voter approval before these third classification counties can separate the circuit clerk's office from that of the recorder. This act mandates separation by December 31, 2002.
A charge of $10 on every recorded instrument is imposed. Three dollars is designated for the recorder's fund; $5 is placed in the county general revenue fund; $1 is placed in the housing fund; and $1 is placed in a newly created fund that will subsidize third classification counties that do not collect $65,000 annually through their $3 and $5 portions. The subsidy will raise them up to the $65,000 level.
This act is similar to portions of SB 316 (1999).
CHARLES HATCHER