Bills › 90th General Assembly
Where it is now
- Done: IntroducedFebruary 5, 2024
- Done: SubcommitteeFebruary 5, 2024
- Done: House committeeFebruary 8, 2024
- Skipped: Passes the HouseContinued as HF 2490
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Became HF 2490 → Its progress continues under the new number. Go to HF 2490 What’s a funnel?
What’s in it
AI summary Certain county and state insurance companies would be allowed to reorganize into new holding companies. This change applies to specific types of property and casualty insurance companies that are licensed in Iowa. These companies would still follow the same insurance rules and regulations after they reorganize.1
Read the official explanation
This bill relates to the reorganization of county and state mutual insurance associations. The bill expands the current definition of a mutual insurer to include a domestic mutual property and casualty insurance company organized and licensed under Code chapter 518 or Code chapter 518A.14, and the reorganized stock insurer shall continue to be regulated pursuant to Code chapter 518, or Code chapter 518A, respectively.14.
Changed since by amendment S-5140; see Amendments.
House subcommittee
Named February 5, 2024. On February 7, 2024 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
Lobbying
3 for · 0 against · 9 undecided · Who →
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90th General Assembly