Bills › 90th General Assembly

SF 420Withdrawn · HF 271 became law instead · April 19, 2023

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

Sponsored by the Senate Commerce (companion To Hf 271 By Committee on Commerce) Committee

Topics:Business & economyInsurance

Same legislation: HF 271

Where it is now

  1. Done: IntroducedFebruary 13, 2023
  2. Skipped: SubcommitteeSkipped
  3. Done: Senate committeeFebruary 27, 2023
  4. Done: Passes the SenateApril 19, 202350–0
  5. Skipped: House committeeSkipped
  6. Done: Passes the HouseFebruary 22, 202395–0
  7. Done: To the GovernorApril 28, 2023
  8. Done: Signed into lawApril 28, 2023

HF 271 became law → The same legislation passed as HF 271, so this version was set aside. Go to HF 271 What’s a funnel?

What’s in it

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).

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Iowa Code it changes

Amends§508.13§508.14§508.29§508C.8§511.8§511.8A§512B.21§514B.15§521A.2

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Lobbying

4 for · 0 against · 5 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.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.