Sign in

Back to the bill

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

HSB 213: HSB 213

Became HF 648 · Its progress continues under the new number.

What it does

404, may petition the district court sitting in equity for relief in the form of ordering the expungement of information in a record controlled by the financial industry regulatory authority (FINRA). The respondents in the case must include the commissioner of insurance and any party to a judicially enforceable arbitration proceeding who reported the information to FINRA. The district court may grant the relief by ordering the expungement of the information under certain conditions, including: the petitioner was not involved in the event that resulted in the creation of the record; the information is erroneous, impossible to be true, or defamatory; a decision in an administrative, judicial, or arbitration proceeding found that the petitioner was not liable for acting in a manner described in the record; or the court determines that equitable principles require such relief.

Sponsors

Not listed

Cost

See the fiscal note

The fiscal impact of HF 648 to add a Compliance Officer 2 position to the Iowa Insurance Division will cost between $84,000 and $125,000 to the General Fund in FY 2024. Source Iowa Insurance Division /s/ Jennifer Acton March 21, 2023 Doc ID 1371071 The fiscal …

House subcommittee · named February 27, 2023

  • Rep. Charley Thomson (R) · charley.thomson@legis.iowa.gov
  • Rep. Carter F. Nordman (R) · carter.nordman@legis.iowa.gov
  • Rep. Sami Scheetz (D)

In plain words

  1. February 27, 2023Filed in the House and sent to the Judiciary committee
  2. February 27, 2023House subcommittee named: Thomson, C., Nordman and Scheetz
  3. February 28, 2023Subcommittee recommended passing it with changes
  4. March 2, 2023Approved by the House committee
  5. March 7, 2023Approved by the House committee, and given a new number: HF 648

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/HSB213