Bills › 90th General Assembly

Where it is now

  1. Done: IntroducedJanuary 17, 2023
  2. Done: SubcommitteeJanuary 17, 2023
  3. Done: House committeeFebruary 7, 2023
  4. Skipped: Passes the HouseContinued as HF 247
  5. Next: Senate committee
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Became HF 247 → Its progress continues under the new number. Go to HF 247 What’s a funnel?

What’s in it

This bill relates to electronic communication regarding property that is assumed to be abandoned for purposes of property held by a bank, financial institution, or business association. The bill defines “electronic messaging” to mean electronic mail, text messaging, or other electronic means of communication, including an online banking website application. _____ if certain circumstances are met, prevent the property from being considered abandoned include electronic messaging along with correspondence in writing.

Read the full explanation

The bill also provides that consent for renewal of previously held property between an owner and a banking or financial organization or a business association can be considered effective if notice was sent by electronic messaging and the notice is not returned to the bank for nondelivery. The bill applies to electronic messaging sent or received on or after the effective date of the bill.

Full bill text · What changed before it passed1

House subcommittee

Named January 17, 2023. On January 23, 2023 it recommended amendment and passage. Vote Total: 3-0.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§556.1§556.2

How the Code works2

Lobbying

1 for · 0 against · 4 undecided · Who →

Family tree

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in an earlier General Assembly. None got through a chamber.

  • SSB 3127 SSB 3127
    89th General Assembly · Renumbered as SF 2313 · same title
    Cleared committee

Matched by wording or an identical title.