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

SSB 1084: SSB 1084

Became SF 420 · Its progress continues under the new number.

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

Not listed

Cost

No fiscal note

Senate subcommittee · named January 30, 2023

  • Sen. David D. Rowley (R) · david.rowley@legis.iowa.gov
  • Sen. Eric Giddens (D)
  • Sen. Mike Klimesh (R) · mike.klimesh@legis.iowa.gov

Lobbying · 4 for, 0 against

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

In plain words

  1. January 25, 2023Filed in the Senate and sent to the Commerce committee
  2. January 30, 2023Senate subcommittee named: Rowley, Giddens and Klimesh
  3. February 1, 2023Subcommittee recommended passing it with changes
  4. February 27, 2023Approved by the Senate committee, and given a new number: SF 420

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/SSB1084