91st General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 2698: Relating to business entity-owned residential arrangements, and including effective date 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 regulates certain business entity-owned residential arrangements. The bill defines “business entity”, “managing entity”, “residential arrangement”, and “residential property”. The bill requires that an agreement for the purchase of an interest in a managing entity must disclose to the purchaser that the agreement is for the purchase of an interest in the entity and not for the purchase of any residential property. The bill prohibits a purchase agreement, operating agreement, bylaws, rules, or other governing document relating to a residential arrangement or ownership interest from requiring that disputes be resolved in a forum other than a court established under the laws of this state or the United States.

Cost

No fiscal note

Senate subcommittee · named March 10, 2026

Sen. Jeff Reichman (R) · jeff.reichman@legis.iowa.gov
Sen. Matt Blake (D) · matt.blake@legis.iowa.gov
Sen. Scott Webster (R) · scott.webster@legis.iowa.gov

Lobbying · 1 for, 0 against

For: Iowa Housing Partnership

In plain words

February 17, 2026Filed in the House and sent to the Judiciary committee · as HSB 750
February 17, 2026House subcommittee named: Thomson, C., Fett and Wichtendahl · as HSB 750
February 18, 2026Subcommittee recommended passing it · as HSB 750
February 19, 2026Approved by the House committee · as HSB 750
February 19, 2026Committee vote: 19–1 · as HSB 750
February 23, 2026Filed in the House
February 23, 2026Approved by the House committee, and given a new number: HF 2698 · as HSB 750
March 4, 2026Passed the House, 91–6
March 5, 2026Arrived in the Senate
March 10, 2026Senate subcommittee named: Reichman, Blake and Webster