SF 169: Relating to record access by members of cooperative associations providing utility service

What it does

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.

Senate subcommittee · named February 5, 2025

• Sen. Adrian Dickey (R) · adrian.dickey@legis.iowa.gov
• Sen. Annette Sweeney (R) · annette.sweeney@legis.iowa.gov
• Sen. Zach Wahls (D) · zach.wahls@legis.iowa.gov

Lobbying · 1 for, 4 against

For: Iowa Chapter of Sierra Club

Against: Iowa Association of Electric Cooperatives; Iowa Communications Alliance; Iowa Institute for Cooperatives; Iowa Rural Water Association

In plain words

1. January 30, 2025Filed in the Senate and sent to the Commerce committee
2. February 5, 2025Senate subcommittee named: Dickey, Sweeney and Wahls
3. February 13, 2025Subcommittee recommended passing it with changes
4. March 10, 2025Approved by the Senate committee, and given a new number: SF 578