Bills › 90th General Assembly
SSB 1084
Topics:Business & economyInsurance
Where it is now
- Done: IntroducedJanuary 25, 2023
- Done: SubcommitteeJanuary 30, 2023
- Done: Senate committeeFebruary 27, 2023
- Skipped: Passes the SenateContinued as SF 420
- Skipped: House committee
- Done: Passes the HouseFebruary 22, 2023
- Next: To the Governor
- Next: Signed into law
Became SF 420 → Its progress continues under the new number. Go to SF 420 What’s a funnel?
What’s in it
AI summary Life insurance companies in Iowa would have different rules about what kinds of investments they can buy with their money. The commissioner of insurance will oversee these changes and can take action if companies do not follow the new rules.1
Read the official explanation
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).
Senate subcommittee
Named January 30, 2023. On February 1, 2023 it recommended amendment and passage. [].
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
Amends§508.13§508.14§508.29§508C.8§511.8§511.8A§512B.21§514B.15§521A.2
Lobbying
4 for · 0 against · 6 undecided · Who →
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90th General Assembly