91st General Assembly · Funnel one-pager · Monday, November 9, 2026
HF 2373: Establishing a retirement savings plan trust, providing penalties, and including implementation provisions
Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.
What it does
This bill creates the Iowa retirement savings plan trust under the office of treasurer of state for the purpose of helping Iowans save for retirement. The bill provides that the trust be operated so that, for federal tax purposes, it meets the requirements of a retirement plan as provided by the Internal Revenue Code. The state treasurer is the trustee of the trust and has numerous powers, as specified in the bill, for the purpose of carrying out the purpose of the trust. Powers granted the treasurer of state to effectuate the purpose of the trust include entering into agreements with trust participants and employers, investing moneys in the trust, and entering into any agreements or contracts necessary to carry out the purposes of the trust.
Sponsors
Rep. Jerome Amos Jr. (D), Rep. Sean Bagniewski (D), Rep. Timi M. Brown-Powers (D), Rep. Ken Croken (D), Rep. Tracy A. Ehlert (D), Rep. Ruth Ann Gaines (D), Rep. Eric J. Gjerde (D), Rep. Daniel Gosa (D), Rep. David Jacoby (D), Rep. Rob Johnson (D), Rep. Bob Kressig (D), Rep. Monica Kurth (D), Rep. Elinor A. Levin (D), Rep. Mary Lee Madison (D), Rep. Heather Matson (D), Rep. Larry McBurney (D), Rep. Brian Meyer (D), Rep. Rick L. Olson (D), Rep. Angel Ramirez (D), Rep. Dr. Megan L. Srinivas (D), Rep. Beth Wessel-Kroeschell (D), Rep. Aime Wichtendahl (D), Rep. Ross Wilburn (D), Rep. Elizabeth Wilson (D)
Cost
No fiscal note
In plain words
- February 10, 2026Filed in the House and sent to the State Government committee
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/91/HF2373