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

SF 530: Relating to financial institutions, including the assets, liabilities, and merger of state banks and state credit unions

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.

Sponsors

Not listed

Cost

Less revenue: up to $280,000

The full fiscal impact to the Commerce Revolving Fund cannot be determined as it is not possible to estimate how many State-chartered credit unions will convert to federally chartered credit unions as a result of the Bill. The revenue decrease to the Fund is e…

Senate subcommittee · named February 24, 2021

  • Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov
  • Sen. Tony Bisignano (D) · tony.bisignano@legis.iowa.gov
  • Sen. Mike Klimesh (R) · mike.klimesh@legis.iowa.gov

Lobbying · 2 for, 4 against

For: Iowa Bankers Association; Wells Fargo & Company

Against: CUNA Mutual Group; Iowa Credit Union League; Iowa Institute for Cooperatives; Veridian Credit Union

In plain words

  1. February 23, 2021Filed in the Senate and sent to the Commerce committee · as SSB 1224
  2. February 24, 2021Senate subcommittee named: Schultz, Bisignano and Klimesh · as SSB 1224
  3. March 1, 2021Subcommittee recommended passing it · as SSB 1224
  4. March 3, 2021Filed in the Senate
  5. March 3, 2021Approved by the Senate committee
  6. March 3, 2021Approved by the Senate committee, and given a new number: SF 530 · as SSB 1224
  7. March 22, 2021Cost estimate (fiscal note) posted
  8. April 1, 2021Sent to the Senate Commerce committee

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/89/SF530