Relating to the investment of public funds in precious metals, oil, and natural gas

Where it is now

1. ✓
   Done: IntroducedFebruary 11, 2026
2. ✕
   Stopped: SubcommitteeDied when the General Assembly ended
3. Next: House committeeFunnel: by February 20, 2026
4. Next: Passes the House
5. Next: Senate committeeFunnel: by March 20, 2026
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

This bill requires the treasurer of state to invest percent of the public moneys in the general fund of the state in gold, silver, platinum, and palladium and percent in equity interests in businesses engaged in the production of gold, silver, platinum, palladium, oil, and natural gas.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text

Iowa Code it changes

Creates§12B.10D

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works