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

SF 185: Establishing a retirement savings plan trust, and including implementation provisions

Died when the session ended · The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.

What it does

This bill creates the Iowa retirement savings plan trust under the office of treasurer of state for the purpose of helping Iowans save for retirement. The bill provides that the trust be operated so that, for federal tax purposes, it meets the requirements of a retirement plan as provided by the Internal Revenue Code and functions according to other federal law. The state treasurer is the trustee of the trust and has numerous powers, as specified in the bill, for the purpose of carrying out the purpose of the trust.

Sponsors

Sen. Liz Bennett (D), Sen. Tony Bisignano (D), Sen. Matt Blake (D), Sen. Molly Donahue (D), Sen. William A. Dotzler Jr. (D), Sen. Sarah Trone Garriott (D), Sen. Janet Petersen (D), Sen. Herman C. Quirmbach (D), Sen. Art Staed (D), Sen. Thomas Townsend (D), Sen. Janice Weiner (D), Sen. Cindy Winckler (D)

Cost

No fiscal note

Senate subcommittee · named February 5, 2025

  • Sen. Ken Rozenboom (R) · ken.rozenboom@legis.iowa.gov
  • Sen. Matt Blake (D) · matt.blake@legis.iowa.gov
  • Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov

In plain words

  1. February 3, 2025Filed in the Senate and sent to the State Government committee
  2. February 5, 2025Senate subcommittee named: Rozenboom, Blake and Schultz

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/91/SF185