Bills › 89th General Assembly
HSB 139
Where it is now
- Done: IntroducedJanuary 26, 2021
- Done: SubcommitteeJanuary 26, 2021
- Done: House committeeFebruary 10, 2021
- Skipped: Passes the HouseContinued as HF 584
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Became HF 584 → Its progress continues under the new number. Go to HF 584 What’s a funnel?
What’s in it
_____ 501(c)(3) of the Internal Revenue Code as a tax-exempt organization. The corporation must be organized for the purpose of receiving and disbursing moneys from public or private sources to be used to provide Iowans with educational financial assistance, services to increase access and success in postsecondary education, and research. The incorporators of the corporation shall be the chairperson of the commission, the executive director of the commission, and a member of the commission selected by a majority vote of the commission.
Read the full explanation
The board of directors of the corporation shall be the nine members of the commission appointed by the governor, a member of the state board of regents, the director of the department of education or the director’s designee, and may include up to two additional members who shall be appointed by the commission and who shall have experience or legal and technical expertise relating to nonprofit organizations. The corporation is subject to the open meetings and open records laws in Code chapters and 22, but the corporation shall not otherwise be required to comply with any requirements that apply to a state agency, department, or administrative unit and shall not exercise any sovereign power of the state. The corporation shall collaborate with the commission for the purposes specified in the bill, but shall not be considered a unit of the state, nor shall it receive appropriations from the general assembly. The corporation shall be established so that donations and bequests to it qualify as tax deductible under federal and state income tax laws. The commission and the nonprofit corporation shall enter into a chapter 28E agreement to stipulate the powers and responsibilities of both entities. The corporation may enter into agreements with other entities as necessary. _____ obligations of the corporation. The commission shall provide staff assistance and administrative support to the corporation. The corporation shall submit a written report annually of its activities and operations to the governor, the general assembly, and the commission.
House subcommittee
Named January 26, 2021. On March 31, 2021 it recommended passage. Vote Total: 3-0.
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
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Tried before
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89th General Assembly
Earlier and later bills are matched by wording or an identical title.
Tried before
This idea has been filed in an earlier General Assembly. None became law, though one got through a chamber.
- HF 2291 Relating to the authority of the college student aid commission to organize a nonprofit co…88th General Assembly · Passed House · very similarPassed a chamber
Matched by wording or an identical title.