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

SF 507: Concerning public contracts with companies that boycott certain companies or that engage in nonpecuniary social investment policies

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 creates new Code chapter 12K, which restricts public funds, defined as the treasurer of state, the state board of regents, the Iowa public employees’ retirement system (IPERS), the public safety peace officers’ retirement system, the statewide fire and police retirement system, and the judicial retirement system, and public entities, defined to include a public fund and the state and political subdivisions of the state, from generally entering into a contract with certain companies engaged in nonpecuniary social investment or a boycott of certain companies.

Sponsors

State Government committee

Cost

No fiscal note

Lobbying · 9 for, 3 against

For: America First Works; Congressional Sportsmen's Foundation; Faith & Freedom Coalition; Heritage Action for America; Iowa Baptists For Biblical Values; Iowa Faith and Freedom Coalition; Iowans for Tax Relief; National Rifle Association of America; National Shooting Sports Foundation, Inc.

Against: AFSCME Iowa Council 61; Iowa Chapter of Sierra Club; Wells Fargo & Company

In plain words

  1. March 2, 2023Filed in the Senate
  2. March 2, 2023Approved by the Senate committee
  3. March 7, 2023Passed the Senate, 33–16
  4. March 15, 2023Took the place of HF 653 on the House floor (the same legislation)
  5. March 15, 2023Passed the House, 63–34

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/SF507