Iowa HF 593: A bill for an act relating to groundwater hazard statement requirements.

Bill Text

House
File
593
-
Introduced

HOUSE
FILE
593

BY
GUSTOFF

A
BILL
FOR

An
Act
relating
to
groundwater
hazard
statement
requirements.
1

BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
2

TLSB
1538YH
(1)
91

cm/jh

H.F.
593

Section
1.
Section
558.69,
subsection
1,
unnumbered
1

paragraph
1,
Code
2025,
is
amended
to
read
as
follows:
2

With
each
declaration
of
value
submitted
to
the
county
3

recorder
under
chapter
428A
,
except
for
deeds
described
in

4

section
428A.2,
subsection
22,
and

as
specified
in
subsection
5

8
,
there
shall
be
submitted
a
groundwater
hazard
statement
6

stating
all
of
the
following:
7

EXPLANATION
8

The
inclusion
of
this
explanation
does
not
constitute
agreement
with
9

the
explanation’s
substance
by
the
members
of
the
general
assembly.
10

This
bill
creates
an
exception
to
the
requirement
to
submit
11

a
groundwater
hazard
statement
when
submitting
a
declaration
12

of
value
to
the
county
recorder.
The
bill
provides
that
when
a
13

declaration
of
value
is
submitted
to
a
county
recorder
for
a
14

deed
transferring
distributions
of
assets
to
beneficiaries
of
a
15

trust
when
conveyed
without
consideration,
the
submitter
does
16

not
have
to
also
submit
a
groundwater
hazard
statement.
17

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