Bills › 91st General Assembly
Relating to record access by members of cooperative associations providing utility service
Sponsored by Sen. Adrian Dickey (R)
Topics:Business & economy
Same legislation: SF 578
Where it is now
- Done: IntroducedJanuary 30, 2025
- Done: SubcommitteeFebruary 5, 2025
- Done: Senate committeeMarch 10, 2025
- Next: Passes the Senate
- Next: House committeeFunnel: by March 20, 2026
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 578 → Its progress continues under the new number. Go to SF 578 What’s a funnel?
What’s in it
This bill provides that if a nonprofit cooperative association or cooperative association provides utility service to members, the most recent biennial report and financial information, including the budget and balance sheet, for the nonprofit cooperative association or cooperative association must be made available to a member within days of a reasonable request by the member. A nonprofit cooperative association means a corporate body composed of actual producers or consumers of the given commodity handled by the association, whose business is conducted for the mutual benefit of its members and not for the profit of stockholders, and for which control is vested in its members upon the basis of one vote to each member.
Read the full explanation
A cooperative association is one that deals with or functions for its member and that distributes its net earnings among its members in proportion to their dealings with it, except for limited dividends or other items permitted in Code chapter 499, and in which each voting member has one vote and no more.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
Senate subcommittee
Named February 5, 2025. On February 13, 2025 it recommended amendment and passage.
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
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
1 for · 4 against · 9 undecided · Who →
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.
91st General Assembly
Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.