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

HSB 302: Relating to the financing of the acquisition, construction, reconstruction, expansion, improvement, or repair of conduit and the acquisition of associated real estate interests

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 amends the definition of “essential corporate purpose” contained in Code section 384.24 to include the acquisition, construction, reconstruction, expansion, improvement, and repair of conduit and the acquisition of real estate interests needed for such purposes. Under Code chapter 384, a city council may generally contract indebtedness and approve the issuance of general obligation bonds to carry out an essential corporate purpose without approval by voters at an election, while the issuance of general obligation bonds to carry out a general corporate purpose generally requires approval by voters at election.

Sponsors

Not listed

Cost

No fiscal note

House subcommittee · named March 5, 2025

  • Rep. Ray Sorensen (R) · ray.sorensen@legis.iowa.gov
  • Rep. Heather Matson (D) · heather.matson@legis.iowa.gov
  • Rep. Devon Wood (R) · devon.wood@legis.iowa.gov

In plain words

  1. March 5, 2025Filed in the House and sent to the Economic Growth and Technology committee
  2. March 5, 2025House subcommittee named: Sorensen, Matson and Wood

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/HSB302