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

SF 420: Relating to investments of funds by life insurers, and including applicability provisions

Died when the session ended · The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died.

What it does

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).

Sponsors

Commerce (companion To Hf 271 By Committee on Commerce) committee

Cost

No fiscal note

Lobbying · 4 for, 0 against

For: Federation of Iowa Insurers; Iowa Insurance Associates; Iowa Insurance Division; Principal Financial Group

In plain words

  1. February 27, 2023Filed in the Senate
  2. February 27, 2023Approved by the Senate committee
  3. April 19, 2023Withdrawn

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/SF420