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90th General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 271: Relating to investments of funds by life insurers, and including applicability provisions

Signed into law

What it does

This bill relates to investments of funds by life insurers. The bill strikes and replaces Code section 511.8, and makes changes to the investments that life insurance companies organized under Code chapter 508 are allowed to acquire. The commissioner of insurance may adopt rules to administer the bill and may take any enforcement action under the commissioner’s authority to enforce compliance with the bill. The bill makes conforming changes to Code sections 508.13(1), 508.14(1), 508.14(3), 508.29, 508C.8(9)(c), 511.8A, 512B.21, 514B.15, 521A.2(1)(c), and 521A.2(3)(d).

Sponsors

Commerce committee

Cost

No fiscal note

Lobbying · 4 for, 0 against

For: Federation of Iowa Insurers; Iowa Insurance Associates; Iowa Insurance Division; Principal Financial Group

In plain words

  1. February 13, 2023Filed in the House
  2. February 22, 2023Passed the House, 95–0
  3. February 23, 2023Sent to the Senate Commerce committee
  4. April 19, 2023Took the place of SF 420 on the Senate floor (the same legislation)
  5. April 19, 2023Passed the Senate, 50–0
  6. April 28, 2023Sent to the Governor
  7. April 28, 2023Signed into law

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/90/HF271