89th General Assembly · Funnel one-pager · Monday, November 9, 2026
HF 2219: Relating to life insurance company or association investments in foreign countries other than Canada, and including applicability provisions
Died when the session ended · The General Assembly adjourned on May 24, 2022. Bills that didn’t pass both chambers died.
What it does
8, if the aggregate amount of foreign investments held by the company or association does not exceed percent of the company’s or association’s legal reserve, does not exceed percent of the company’s or association’s legal reserve if the foreign jurisdiction has a sovereign debt rating of SVO 1, and for all other foreign jurisdictions does not exceed percent of the legal reserve.8 for purposes of determining compliance with any limitations under those subsections. Under current law, companies and associations may invest in bonds or other evidences of indebtedness, not to include currency, issued, assumed, or guaranteed by a foreign government other than Canada, or by a corporation incorporated under the laws of a foreign government other than Canada.
Sponsors
Commerce committee
Cost
No fiscal note
Lobbying · 2 for, 0 against
For: Federation of Iowa Insurers; Iowa Insurance Associates
In plain words
- February 2, 2022Filed in the House
- March 10, 2022Withdrawn
From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/89/HF2219