HF 2634: Relating to preneed sellers, sales agents and sales agent applicants, and government cemeteries

What it does

This bill relates to preneed sellers, sales agents and sales agent applicants, and government cemeteries.602(2)(c) to calculate the rate of inflation by relying on the most recently released consumer price index for all urban consumers published by the United States department of labor, bureau of labor statistics, rather than relying on the inflation as set by the commissioner of insurance (commissioner) based on the consumer price index under current law. The bill eliminates the requirement under current law that if a preneed seller has a trust agreement, the commissioner shall conduct an examination of the preneed seller at least once every five years unless the preneed seller has annually provided to the commissioner a certified copy of an audit conducted by an independent certified public accountant.

Senate subcommittee · named April 13, 2026

• Sen. Jeff Taylor (R) · jeff.taylor@legis.iowa.gov
• Sen. Mike Bousselot (R) · mike.bousselot@legis.iowa.gov
• Sen. William A. Dotzler Jr. (D) · bill.dotzler@legis.iowa.gov

Lobbying · 2 for, 0 against

For: Iowa Insurance Division; Iowa League of Cities

In plain words

1. January 21, 2026Filed in the House and sent to the Commerce committee · as HSB 600
2. January 21, 2026House subcommittee named: Wills, J., Kressig, Thomson and C · as HSB 600
3. February 10, 2026Subcommittee recommended passing it with changes · as HSB 600
4. February 16, 2026Approved by the House committee · as HSB 600
5. February 16, 2026Committee vote: 22–0 · as HSB 600
6. February 19, 2026Filed in the House
7. February 19, 2026Approved by the House committee, and given a new number: HF 2634 · as HSB 600
8. March 5, 2026Passed the House, 86–0
9. March 9, 2026Arrived in the Senate
10. March 12, 2026Senate subcommittee named: Reichman, Bisignano and Bousselot
11. April 13, 2026Sent to the Senate Ways and Means committee
12. April 13, 2026Senate subcommittee named: Taylor, Bousselot and Dotzler
13. April 15, 2026Approved by the Senate committee
14. April 22, 2026Passed the Senate, 44–0
15. May 6, 2026Sent to the Governor
16. May 15, 2026Signed into law