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89th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026

HSB 678: HSB 678

Became HF 2445 · Its progress continues under the new number.

What it does

BACKGROUND. This bill creates a new article within Code chapter 554, Iowa’s version of the uniform commercial code (UCC) covering commercial transactions involving personal property. New Article cited as “Uniform Commercial Code —— Controllable Electronic Records” was drafted by a committee appointed jointly by the uniform law commission and the American law institute.14101). New Article governs commercial transactions involving digital assets, including those involving virtual currencies, and the use of distributed ledger technology (DLT).

Sponsors

Not listed

Cost

No fiscal note

House subcommittee · named February 8, 2022

  • Rep. Jon Jacobsen (R)
  • Rep. Joe Mitchell (R)
  • Rep. Rick L. Olson (D) · rick.olson@legis.iowa.gov

Lobbying · 3 for, 0 against

For: Iowa Bankers Association; Iowa Commission on Uniform State Laws c/o David S. Walker, Chair; Iowa State Bar Association

In plain words

  1. February 8, 2022Filed in the House and sent to the Judiciary committee
  2. February 8, 2022House subcommittee named: Jacobsen, Mitchell and Olson
  3. February 10, 2022Subcommittee recommended passing it
  4. February 15, 2022Approved by the House committee
  5. February 15, 2022Approved by the House committee, and given a new number: HF 2445

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Tuesday, November 10, 2026. https://iowafunnel.com/bills/89/HSB678