HF 2468: 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.

Senate subcommittee · named March 1, 2022

• Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov
• Sen. Joe Bolkcom (D)
• Sen. David D. Rowley (R) · david.rowley@legis.iowa.gov

Lobbying · 1 for, 0 against

For: Iowa Insurance Associates

In plain words

1. February 18, 2022Filed in the House
2. February 24, 2022Passed the House, 97–0
3. February 28, 2022Arrived in the Senate
4. March 1, 2022Senate subcommittee named: Schultz, Bolkcom and Rowley
5. March 9, 2022Approved by the Senate committee
6. May 24, 2022Passed the Senate, 30–15
7. June 3, 2022Sent to the Governor
8. June 13, 2022Signed into law