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89th General Assembly · Iowa Funnel one-pager · Monday, November 9, 2026

SF 2271: Relating to the investment of certain public funds in companies that are owned or controlled by Chinese military or government services

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 it does

This bill relates to the investment of certain public funds in companies that are owned or controlled by Chinese military or government services. The bill defines “company” as any business or business entity that is publicly traded and that is not based in the United States. The bill defines “direct holdings” in a company as all securities of a company held directly by the public fund or in an account or fund in which the public fund owns all shares or interests. The bill defines “indirect holdings” in a company as all securities of a company held in an account or fund managed by one or more persons not employed by the public fund, in which the public fund owns shares or interests together with other investors not subject to the provisions of this new Code chapter 12K.

Sponsors

Not listed

Cost

Can’t be estimated

The fiscal impact of SF 2271 on the Treasurer of State, Board of Regents, IPERS, PORS, 411 System, and Judicial Retirement System cannot be determined until the list of companies and the amount to be divested can be determined. Any divested funds will be reinv…

Senate subcommittee · named February 15, 2022

  • Sen. Dennis Guth (R) · dennis.guth@legis.iowa.gov
  • Sen. Claire Celsi (D)
  • Sen. Craig Johnson (R) · craig.johnson@legis.iowa.gov

In plain words

  1. February 14, 2022Filed in the Senate and sent to the State Government committee
  2. February 15, 2022Senate subcommittee named: Guth, Celsi and Johnson
  3. February 16, 2022Subcommittee recommended passing it
  4. February 17, 2022Approved by the Senate committee
  5. March 7, 2022Cost estimate (fiscal note) posted
  6. March 24, 2022Sent to the Senate State Government committee

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/89/SF2271