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What changed in SF 173

The bill as introduced, compared with the version both chambers passed (89th General Assembly).

It passed exactly as introduced.

Removed AddedIntroduced textText as passedAmendments

Section 1. Section 633A.4604, subsection 2, Code 2021, is amended by adding the following new paragraphs:

7 unchanged passages

NEW PARAGRAPH. 0a. State the names of all the currently acting trustees.

NEW PARAGRAPH. 00a. If there is more than one currently acting trustee, state whether the trustees may act individually or must act by majority decision or must act by unanimous decision.

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2. Section 633A.4604, subsection 2, paragraph c, Code 2021, is amended to read as follows:

c. Be dated and certified under penalty of perjury and pursuant to the laws of the state of Iowa that the certification of trust is true and correct or be subscribed and sworn to under penalty of perjury before a notary public as provided in chapter 9B.

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3. Section 633A.4703, subsection 4, Code 2021, is amended to read as follows:

4. Notwithstanding subsections 1, 2, or 3, a disposition in favor of the settlor’s surviving spouse who does not take an elective share shall not be abated where such abatement would have the effect of increasing the amount of federal estate or federal gift taxes payable by a person or an entity last.