HSB 750: Relating to business entity-owned residential arrangements, and including effective date provisions

What it does

This bill regulates certain business entity-owned residential arrangements. The bill defines “business entity”, “managing entity”, “residential arrangement”, and “residential property”. The bill requires that an agreement for the purchase of an interest in a managing entity must disclose to the purchaser that the agreement is for the purchase of an interest in the entity and not for the purchase of any residential property. The bill prohibits a purchase agreement, operating agreement, bylaws, rules, or other governing document relating to a residential arrangement or ownership interest from requiring that disputes be resolved in a forum other than a court established under the laws of this state or the United States.

House subcommittee · named February 17, 2026

• Rep. Charley Thomson (R) · charley.thomson@legis.iowa.gov
• Rep. Samantha Fett (R) · samantha.fett@legis.iowa.gov
• Rep. Aime Wichtendahl (D) · aime.wichtendahl@legis.iowa.gov

Lobbying · 1 for, 0 against

For: Iowa Housing Partnership

In plain words

1. February 17, 2026Filed in the House and sent to the Judiciary committee
2. February 17, 2026House subcommittee named: Thomson, C., Fett and Wichtendahl
3. February 18, 2026Subcommittee recommended passing it
4. February 19, 2026Approved by the House committee
5. February 19, 2026Committee vote: 19–1
6. February 23, 2026Approved by the House committee, and given a new number: HF 2698