HF 2398: Relating to bonds and insurance policies for public officers

What it does

The inclusion of this explanation does not constitute agreement with the explanation’s substance by the members of the general assembly. This bill relates to bonds and insurance policies for public officers. The bill allows a public officer that is required to obtain a bond pursuant to Code chapter (official and private bonds) to instead obtain an insurance policy in an amount not less than the amount required of a bond for that officer. The bill requires that the terms of the insurance policy substantially comply with the terms required of an official bond.

House subcommittee · named January 23, 2024

• Rep. Cindy Golding (R) · cindy.golding@legis.iowa.gov
• Rep. Jeff Cooling (D) · jeff.cooling@legis.iowa.gov
• Rep. Mark I. Thompson (R) · mark.thompson@legis.iowa.gov

Lobbying · 9 for, 1 against

For: Independent Insurance Agents of Iowa; Iowa Association of School Boards; Iowa Communities Assurance Pool (ICAP); Iowa County Attorneys Association; Iowa League of Cities; Iowa State Association of Counties; Rural School Advocates of Iowa; School Administrators of Iowa; Urban Education Network of Iowa

Against: Iowa Alliance of Surety Companies

In plain words

1. January 23, 2024Filed in the House and sent to the Local Government committee · as HSB 597
2. January 23, 2024House subcommittee named: Golding, Cooling, Thompson and M · as HSB 597
3. January 31, 2024Subcommittee recommended passing it · as HSB 597
4. February 6, 2024Approved by the House committee · as HSB 597
5. February 8, 2024Filed in the House
6. February 8, 2024Approved by the House committee, and given a new number: HF 2398 · as HSB 597
7. February 27, 2024Passed the House, 97–0
8. February 28, 2024Arrived in the Senate
9. April 9, 2024Took the place of SF 2121 on the Senate floor (the same legislation)
10. April 9, 2024Passed the Senate, 46–0
11. April 19, 2024Sent to the Governor
12. April 19, 2024Signed into law