HF 2056: Relating to statutes of limitations on arbitration proceedings and including applicability provisions

What it does

This bill establishes statutes of limitations on when an arbitration proceeding can be requested. The bill uses the same limitations provided in Code chapter 614 (limitations of actions). Under current law, there are no time limitations for arbitration proceedings. The bill applies to all arbitration proceedings commenced on or after the effective date of the bill and any arbitration proceeding that is pending on the effective date of the bill where asserting a statute of limitation is not expressly prohibited by the rules governing the arbitration proceeding.

House subcommittee · named January 25, 2022

• Rep. Dustin D. Hite (R)
• Rep. Brian Meyer (D) · brian.meyer@legis.iowa.gov
• Rep. Anne Osmundson (R)

Lobbying · 1 for, 0 against

For: Iowa Insurance Associates

In plain words

1. January 20, 2022Filed in the House and sent to the Judiciary committee
2. January 25, 2022House subcommittee named: Hite, Meyer, B. and Osmundson
3. February 1, 2022Subcommittee recommended against it
4. February 9, 2022Subcommittee recommended passing it
5. February 15, 2022Approved by the House committee
6. February 15, 2022Approved by the House committee, and given a new number: HF 2468
7. February 24, 2022Withdrawn