How SF 620 changes current law

A bill for an act relating to the procedure for disposal of certain city utilities by sale. (Formerly SSB 1184.) Effective date: 07/01/2020. · Iowa

How this bill changes current law

2 changes

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill exempts certain small cities from needing appraisals for selling telecommunications utilities until July 1, 2022.

  • Section 388.2A

    Notwithstanding subparagraph (1), the governing body of a city which has a population between two thousand and three thousand, according to the 2010 federal decennial census, shall not be required to obtain appraisals pursuant to this paragraph for the disposal by sale of a city utility providing telecommunications services.

    Introduces an exemption for specific small cities regarding appraisals when selling telecommunications utilities.

  • Section 388.2A

    This subparagraph is repealed July 1, 2022.

    Establishes a temporary exemption that will end on July 1, 2022.

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