HF 311: Relating to requirements for, and regular meetings of, the board of directors of a state bank

What it does

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.

House subcommittee · named January 28, 2025

• Rep. Tom Determann (R) · tom.determann@legis.iowa.gov
• Rep. David L. Blom (R) · david.blom@legis.iowa.gov
• Rep. Rob Johnson (D) · rob.johnson@legis.iowa.gov

Lobbying · 4 for, 0 against

For: Community Bankers of Iowa; Dr. Tanja Garrison; Iowa Bankers Association; Iowa Division of Banking

In plain words

1. January 28, 2025Filed in the House and sent to the Commerce committee · as HSB 95
2. January 28, 2025House subcommittee named: Determann, Blom, Johnson and R · as HSB 95
3. February 3, 2025Subcommittee recommended passing it with changes · as HSB 95
4. February 6, 2025Approved by the House committee · as HSB 95
5. February 6, 2025Committee vote: 22–1 · as HSB 95
6. February 10, 2025Filed in the House
7. February 10, 2025Approved by the House committee, and given a new number: HF 311 · as HSB 95
8. April 3, 2025Sent to the House Commerce committee