Source: http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=HB3082%20ENR%20SUB.htm&yr=2009&sesstype=RS&i=3082
Timestamp: 2018-03-23 07:46:36
Document Index: 156697696

Matched Legal Cases: ['§31', '§38', '§44', '§59', '§31', '§38', '§44', '§59', '§31', '§38', '§ 59']

HB 3082 Text
Enrolled Committee Substitute House Bill 3082 History
HB3082 ENR SUB
H. B. 3082
(By Delegates Moore, Webster, Shook, Caputo,
Barker, Fleischauer, Fragale, Miley,
Marshall and Perry)
AN ACT to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §31A-2-4c; to amend said code by adding thereto a new section, designated §38-1-8a; to amend said code by adding thereto a new section, designated §44-13-4a; and to amend and reenact §59-1-10 of said code, all relating to the gathering and reporting of foreclosure data and statistics; providing for the gathering and reporting of information pertaining to sales of residential real estate pursuant to deeds of trust; providing for the compilation and filing of data by trustees with the report of sales filed with the county clerks; providing for the periodic forwarding of gathered information to the Commissioner of Banking; identifying the minimum information to be provided; providing for fees to be paid for receipt and processing of the filed information; providing for the reporting of foreclosure statistics by the Commissioner of Banking; authorizing the Commissioner of Banking to establish appropriate forms and filing requirements and procedures by rule.
That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §31A-2-4c; that said code be amended by adding thereto a new section, designated §38-1-8a; that said code be amended by adding thereto a new section, designated §44-13-4a; and that §59-1-10 of said code be amended and reenacted, all to read as follows:
ARTICLE 2. DIVISION OF BANKING
§31A-2-4c. County Clerk to file reports of trustees regarding sales of residential real property pursuant to deeds of trust and forward to the banking commissioner.
(a) In addition to the jurisdiction, powers, and duties set out in section four of this article, the banking commissioner is vested with the jurisdiction, powers and duties to receive and compile the data into an electronic data base and make available the raw data that is required to be reported by trustees to county clerks pursuant to chapter thirty-eight, article one, section eight-a of the Code of West Virginia. The commissioner has the power to promulgate rules in accordance with this section and the provisions of article three, chapter twenty-nine-a of this code in order to carry out the requirements of this section. The commissioner is authorized to expend funds for this purpose.
ARTICLE 1. VENDOR'S AND TRUST DEED LIENS
§38-1-8a Reports by Trustee to County Clerk; additional information to be filed with report of sale.
(18) The date the report of sale is recorded and,
(19) Any other information the banking commissioner may require by rule.
(c) The commissioner of banking shall publish a form setting out the information required by subsection (b) and instructions as to how this information is to be filed with the report of sale.
(d) Notwithstanding any other provision of this code, nothing in this section shall be deemed to create a responsibility by the commissioner of banking to provide any report other than the compiled raw data submitted from each county clerk or to verify the accuracy of the data submitted.
(a) Beginning with the third quarter of 2009, the clerk of each county commission shall file quarterly with the Division of Banking the disclosure forms of deed of trust foreclosure sales that were recorded in that county for the preceding calendar year quarter. The reports shall be filed within fifteen days of the last day of September, December, March and June of each year. The reports shall be filed in electronic format, where possible.
(b) Notwithstanding any other provision of this code, nothing in this section shall be deemed to create a responsibility on the division of banking to provide any report other than the complied raw data submitted from each county clerk or to verify the accuracy of the data submitted.
§ 59-1-10. Fees to be charged by clerk of county commission
For the purpose of this section, the word "page" is defined as being a paper or electronic writing of not more than legal size, 8 ½"' x 14"'.
(1) Deed of conveyance (with or without a plat), trust deed, fixture filing or security agreement concerning real estate lease, fifteen dollars.
(3) Financing, continuation, termination or other statement or writing permitted to be filed under chapter forty-six of this code, ten dollars.
(4) Plat or map (with no deed of conveyance), $10 dollars.
(7) If any document or writing contains more than five pages, for each additional page, one dollar.
(8) $11 dollars of each recording fee received pursuant to subdivision (1) of this subsection shall be retained by the county clerk for the operation of that office and $4 of each of the aforesaid recording fees together with $5 of the recording fee collected pursuant to subdivision (5) of this section, shall be paid by the county clerk into the State Treasurer and deposited in equal amounts for deposit into the Farmland Protection Fund created in article twelve, chapter eight-a of this code for the benefit of the West Virginia Agricultural Land Protection Authority and into the Outdoor Heritage Conservation Fund created in article two-g, chapter five-b of this code: Provided, That the funds deposited pursuant to this subdivision may only be used for costs, excluding personnel costs, associated with purpose of land conservation, as defined in subsection (f), section seven, article two-g, chapter five-b of this code.
(1) $1 of the marriage license fee received pursuant to this subsection shall be paid by the county clerk into the State Treasury as a state registration fee in the same manner that license taxes are paid into the Treasury under article twelve, chapter eleven of this code;
(2) $15 of the marriage license fee received pursuant to this subsection shall be paid by the county clerk into the State Treasury for the Family Protection Shelter Support act in the same manner that license taxes are paid into the Treasury under article twelve, chapter eleven of this code;
(3) $10 of the marriage license fee received pursuant to this subsection shall be deposited in the Courthouse Facilities Improvement Fund created by section six, article twenty-six, chapter twenty-nine of this code.
(d)(1) For a copy of any writing or document, if it is not otherwise provided for, one dollar fifty cents.
(3) For annexing the seal of the commission or clerk to any paper, one dollar.