Bills › 90th General Assembly
HSB 554
Topics:Business & economy
Where it is now
- Done: IntroducedJanuary 11, 2024
- Done: SubcommitteeJanuary 11, 2024
- Done: House committeeJanuary 30, 2024
- Skipped: Passes the HouseContinued as HF 2263
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Became HF 2263 → Its progress continues under the new number. Go to HF 2263 What’s a funnel?
What’s in it
This bill relates to the insurance commissioner’s authority concerning insurance producers, business entity producers, and preneed sellers. Under current law, confidential information includes the information, records, and documents utilized for the investigation, regulation, or examination of an insurance company or insurance holding company. The bill also applies to the confidential information of an individual insurance producer or a business entity producer. Such information, records, and documents are confidential, and shall not be disclosed by the insurance division and are not subject to subpoena.
Read the full explanation
Current law permits the commissioner to place on probation, or suspend, revoke, or refuse to issue or renew an insurance producer’s license, or levy a civil penalty, if the insurance producer is the subject of an order of a securities administrator. The bill includes an insurance producer that is the subject of an order of the federal securities and exchange commission or the financial industry regulatory authority. _____ merchandise, and funeral services, the penalty shall not exceed $5,000 for each violation, or an aggregate of $50,000 during any six-month period.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Changed since by amendments S-5078, H-8028; see Amendments. Full bill text · What changed before it passed
House subcommittee
Named January 11, 2024. On January 23, 2024 it recommended 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§505.17§522B.11§523A.807
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
2 for · 0 against · 16 undecided · Who →
Family tree
Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.
Study bill
90th General Assembly
Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.