Bills › 88th General Assembly

SF 620Signed by Governor · June 18, 2020

Relating to the procedure for disposal of certain city utilities by sale

Sponsored by the Senate Ways and Means Committee

Topics:Taxes

Same legislation: SSB 1184

Where it is now

  1. Done: IntroducedApril 15, 2019
  2. Skipped: SubcommitteeSkipped
  3. Done: Senate committeeApril 15, 2019
  4. Done: Passes the SenateApril 23, 201949–0
  5. Done: House committeeJune 9, 2020
  6. Done: Passes the HouseJune 11, 202068–29
  7. Done: To the GovernorJune 16, 2020
  8. Done: Signed into lawJune 18, 2020

Signed into law What’s a funnel?

What’s in it

AI summary Cities with between 2,000 and 3,000 people would no longer need to get two separate appraisals before selling a utility that provides telecommunication services. This change simplifies the process for small cities when they decide to sell these specific types of services.1

Read the official explanation

Current law establishes a procedure for the governing body of a city to dispose of a city utility by sale. The procedure requires the governing body to obtain two separate appraisals of the city utility system to determine its fair market value. This bill provides that a governing body of a city with a population between 2,000 and 3,000 according to the 2010 federal decennial census shall not be required to obtain appraisals to dispose of a city utility providing telecommunication services by sale. The bill is repealed July 1, 2022.

Full bill text · What changed before it passed2

House subcommittee

Named February 13, 2020. Meeting: Tuesday, February 25 · 11:30 AM · House Lounge.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§388.2A

How the Code works3

Lobbying

1 for · 0 against · 14 undecided · Who →

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88th General Assembly