SF 2147: Relating to respondents in a proceeding to expunge information in a record in the investment adviser registration depository

What it does

This bill relates to respondents in a proceeding to expunge information in a record in the investment adviser registration depository. Under current law, the commissioner of insurance, or the investment adviser that reported the information in the record in the investment adviser registration depository, may be named as a respondent or as respondents in a proceeding to expunge the information. Under the bill, the commissioner shall be named as a respondent and the investment adviser may be named as a respondent in such a proceeding.

Senate subcommittee · named January 21, 2026

• Sen. David D. Rowley (R) · david.rowley@legis.iowa.gov
• Sen. Kerry Gruenhagen (R) · kerry.gruenhagen@legis.iowa.gov
• Sen. Janet Petersen (D) · janet.petersen@legis.iowa.gov

Lobbying · 1 for, 0 against

For: Iowa Insurance Division

In plain words

1. January 21, 2026Filed in the Senate and sent to the Commerce committee · as SSB 3056
2. January 21, 2026Senate subcommittee named: Rowley, Gruenhagen and Petersen · as SSB 3056
3. January 27, 2026Subcommittee recommended passing it · as SSB 3056
4. January 28, 2026Approved by the Senate committee, and given a new number: SF 2147 · as SSB 3056
5. January 29, 2026Filed in the Senate
6. January 29, 2026Approved by the Senate committee
7. March 10, 2026Passed the Senate, 46–0
8. March 13, 2026Arrived in the House