Relating to requirements for, and regular meetings of, the board of directors of a state bank

Where it is now

1. ✓
   Done: IntroducedJanuary 28, 2025
2. ✓
   Done: SubcommitteeJanuary 28, 2025
3. ✓
   Done: House committeeFebruary 6, 2025
4. ✓
   Done: Passes the HouseMarch 2, 202690–0
5. –
   Skipped: Senate committeeSkipped
6. ✓
   Done: Passes the SenateMarch 10, 202547–0
7. ✓
   Done: To the GovernorApril 30, 2026
8. ✓
   Done: Signed into lawApril 30, 2026

SF 413 became law → The same legislation passed as SF 413, so this version was set aside. Go to SF 413 What’s a funnel?

What’s in it

This bill relates to the requirements to serve on the board of directors (board) of a state bank, and the regular meetings of a board. Under current law, a board consists of five or more directors years of age or older, a majority of whom are residents of the state of Iowa and citizens of the United States. Under the bill, a board consists of five or more directors years of age or older, a majority of whom are citizens of the United States, and at least three of whom are residents of the state of Iowa.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Changed since by amendment H-8001; see Amendments. Full bill text · What changed before it passed

House subcommittee

Named January 28, 2025 (as HSB 95). On February 3, 2025 it recommended amendment and passage.

• Rep. Tom Determann REmail
• Rep. David L. Blom REmail
• Rep. Rob Johnson DEmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§524.601§524.607

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

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.