SB 453 - Sater, David
Modifies certain provisions relating to county recording fees
Bill Details
Sponsor
LR Number
1970S.02I
Title
SB 453
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2017
Committee
Current Status
Voted Do Pass S Local Government and Elections Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 453 - Under current law, a certain fee relating to the recording of deeds is five dollars. This act changes the fee to six dollars and allocates the additional dollar raised to the Statutory County Recorder's Fund.
The act also creates a new process to occur when the annual average collected into the Statutory County Recorder's Fund is insufficient to meet its obligations. In that case, the fund is to be supplemented by another source or a new maximum county allocation is to be set, depending on whether the shortfall meets a certain threshold.
The act is similar to HCS/HB 957 (2017).
JOHN GRANA