91st General Assembly · Funnel one-pager · Monday, November 9, 2026
HF 508: Providing for the marketing of grain by licensed warehouse operators and grain dealers, including by providing for indemnity fees and the indemnification of grain depositors and sellers for losses following the cessation of a license or bankruptcy
Became HF 999 · Its progress continues under the new number.
What it does
BACKGROUND —— GRAIN DEALERS AND WAREHOUSE OPERATORS. This bill amends provisions regulating marketers of grain, referred to as grain dealers purchasing grain (Code chapter 203), and grain warehouse operators storing grain under bailment (Code chapter 203C). The bill also provides for sellers of grain to licensed grain dealers, and depositors storing grain with a licensed grain warehouse, by indemnifying losses resulting from the sale or deposit (Code chapter 203D). BACKGROUND —— LICENSURE REQUIREMENTS.
Sponsors
Agriculture committee
Cost
No fiscal note
House subcommittee · named February 26, 2025
- Rep. Michael V. Sexton (R)
- Rep. Kenan Judge (D) · kenan.judge@legis.iowa.gov
- Rep. Derek Wulf (R) · derek.wulf@legis.iowa.gov
Lobbying · 5 for, 3 against
For: Agribusiness Association of Iowa; Iowa Corn Growers Association; Iowa Department of Agriculture & Land Stewardship; Iowa Farm Bureau Federation; Iowa Soybean Association
Against: Agribusiness Association of Iowa; Iowa Corn Growers Association; Iowa Institute for Cooperatives
In plain words
- February 5, 2025Filed in the House and sent to the Agriculture committee · as HSB 131
- February 5, 2025House subcommittee named: Mommsen, Scholten and Sexton · as HSB 131
- February 11, 2025Subcommittee recommended passing it with changes · as HSB 131
- February 18, 2025Approved by the House committee · as HSB 131
- February 18, 2025Committee vote: 21–1 · as HSB 131
- February 20, 2025Filed in the House and sent to the Ways and Means committee
- February 20, 2025Approved by the House committee, and given a new number: HF 508 · as HSB 131
- February 26, 2025House subcommittee named: Sexton, Judge and Wulf
- March 18, 2025Subcommittee recommended passing it
- April 2, 2025Approved by the House committee
- April 2, 2025Committee vote: 24–0
- April 8, 2025Approved by the House committee, and given a new number: HF 999
- May 9, 2025Withdrawn
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/HF508