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

HF 2766: Relating to captive insurance companies and life captive reinsurance companies, and including civil penalties

Signed into law

What it does

This bill relates to captive insurance companies (captive companies) and life captive reinsurance companies (LCRCs). Under the bill, a tax return on gross premiums filed by an insurance company or a captive company shall not be subject to inspection under Code chapter 22, and it shall be unlawful for any present or former officer or employee of the state to willfully or recklessly publish such tax return. A person who violates the bill shall be guilty of a serious misdemeanor and, in addition to any other penalty, shall be dismissed from state office or discharged from state employment.

Sponsors

Ways and Means committee

Cost

Cost: up to $6,200

The fiscal impact for House File 2766 cannot be determined because the number of companies that will domicile or redomesticate to Iowa is unknown. The number of convictions under the Bill for willfully or recklessly publishing a tax return by a State officer o…

House subcommittee · named February 25, 2026

  • Rep. Shannon Lundgren (R) · shannon.lundgren@legis.iowa.gov
  • Rep. Elizabeth Wilson (D) · elizabeth.wilson@legis.iowa.gov
  • Rep. David E. Young (R) · david.young@legis.iowa.gov

Lobbying · 2 for, 0 against

For: American Property Casualty Insurance Association (APCIA); Iowa Insurance Division

In plain words

  1. February 25, 2026Filed in the House and sent to the Ways and Means committee · as HSB 756
  2. February 25, 2026House subcommittee named: Lundgren, Wilson and Young · as HSB 756
  3. March 3, 2026Subcommittee recommended passing it · as HSB 756
  4. April 8, 2026Approved by the House committee · as HSB 756
  5. April 8, 2026Committee vote: 25–0 · as HSB 756
  6. April 13, 2026Filed in the House
  7. April 13, 2026Approved by the House committee, and given a new number: HF 2766 · as HSB 756
  8. April 16, 2026Cost estimate (fiscal note) posted
  9. April 20, 2026Passed the House, 91–1
  10. April 21, 2026Arrived in the Senate
  11. April 21, 2026Took the place of SF 2499 on the Senate floor (the same legislation)
  12. April 21, 2026Passed the Senate, 44–0
  13. May 6, 2026Sent to the Governor
  14. May 15, 2026Signed into law
  15. May 27, 2026Cost estimate (fiscal note) posted

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/HF2766