Bills › 89th General Assembly
Establishing the office of financial wellness within the department of commerce
Sponsored by the House Commerce Committee
Topics:State budget
Same legislation: HSB 617
Where it is now
- Done: IntroducedJanuary 26, 2022
- Done: SubcommitteeJanuary 26, 2022
- Done: House committeeFebruary 8, 2022
- Stopped: Passes the HouseDied when the General Assembly ended
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill establishes an office of financial wellness within the department of commerce. The primary purpose of the office shall be to focus on strategic action to maximize the financial wellness efforts of the state. The office shall serve as a liaison to other government agencies, public organizations, private entities, and not-for-profit organizations. The administrator of the office shall be the director of the department of commerce or the director’s designee. The director may establish committees and hire staff as necessary in furtherance of the objectives of the office.
Read the full explanation
The primary objective of the office shall be to increase the financial literacy and well-being of Iowans by supporting education efforts, businesses, community organizations, and governmental agencies. The office shall collect and communicate financial wellness resources for Iowans and coordinate other efforts to promote financial wellness. The office shall provide an annual report regarding the office’s activities, including statistical measures, engagement, grant funding and the use thereof, initiatives sponsored by the office, and key accomplishments to the governor and the general assembly. The office shall adopt rules to implement its responsibilities and comply with the state government accountability requirements of Code chapter 8E. The bill provides that the office shall be funded from an annual assessment remitted by the banking division, credit union division, utilities division, insurance division, and alcoholic beverages division of the department of commerce.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
House subcommittee
Named February 17, 2022. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Iowa Code it changes
Creates§533B.1§533B.2§533B.3§533B.4§546.5
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
3 for · 1 against · 5 undecided · Who →
Family tree
Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.
Study bill
89th General Assembly
Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.