The bill amends Section 9.15 of the Iowa Code to establish an expedited filing service for business documents administered by the secretary of state. It introduces new surcharges for expedited services: $200 for a one-hour service, $125 for same-day service, $50 for a two-day service, and $15 for a five-day service. Additionally, the bill mandates that the secretary provide written confirmation of the filing at the time of the expedited service.
The bill also clarifies that any fees collected from these surcharges will be deposited into the business administration fund, which is designated for the administration of business organization statutes. This amendment aims to enhance the efficiency of document filing for businesses while ensuring that the secretary of state can adequately manage the associated administrative costs.
Statutes affected: Introduced: 9.15