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88th General Assembly · Iowa Funnel one-pager · Thursday, November 12, 2026

SF 98: Requesting the establishment of a pay for success bond interim study committee

Died when the session ended · The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.

What it does

This bill requests the legislative council to establish an interim study committee to determine whether opportunities exist for the use of pay for success bonds in Iowa. The bill defines “pay for success bond” to mean a financial instrument in which private investors provide working capital to nonprofit organizations to implement preventive programs aimed at achieving predefined social outcomes. If an independent evaluator determines that the predefined outcomes have been achieved, the government repays the investors their principal and a rate of return; otherwise, the investors lose their capital.

Sponsors

Not listed

Cost

No fiscal note

Senate subcommittee · named January 29, 2019

  • Sen. Zach Nunn (R)
  • Sen. Craig Johnson (R) · craig.johnson@legis.iowa.gov
  • Sen. Liz Mathis (D)

Lobbying · 1 for, 0 against

For: Iowa Conference of United Methodist Church

In plain words

  1. January 24, 2019Filed in the Senate and sent to the Commerce committee
  2. January 29, 2019Senate subcommittee named: Nunn, Johnson and Mathis

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Thursday, November 12, 2026. https://iowafunnel.com/bills/88/SF98