SF 2296: Relating to digital financial kiosks, modifying civil penalties, and including effective date and applicability provisions

What it does

This bill relates to digital financial asset transaction kiosks.1004 (digital financial asset transaction kiosks).16 (consumer frauds), and subjects such violations to the remedies and enforcement provisions available under that section.16.1004, the attorney general may bring a civil action to seek a civil penalty of up to $100,000 for a violation of the injunction.

House subcommittee · named March 4, 2026

• Rep. Shannon Lundgren (R) · shannon.lundgren@legis.iowa.gov
• Rep. Jacob Bossman (R) · jacob.bossman@legis.iowa.gov
• Rep. Kenan Judge (D) · kenan.judge@legis.iowa.gov

Lobbying · 3 for, 1 against

For: AARP Iowa; Iowa Attorney General Dept. of Justice; Iowa State Sheriffs' & Deputies' Association

Against: CoinFlip

In plain words

1. January 27, 2026Filed in the Senate and sent to the Technology committee · as SSB 3086
2. January 28, 2026Senate subcommittee named: McClintock, Bennett and Sires · as SSB 3086
3. February 3, 2026Subcommittee recommended passing it · as SSB 3086
4. February 11, 2026Approved by the Senate committee, and given a new number: SF 2296 · as SSB 3086
5. February 12, 2026Filed in the Senate
6. February 12, 2026Approved by the Senate committee
7. March 2, 2026Passed the Senate, 44–0
8. March 2, 2026Arrived in the House
9. March 4, 2026House subcommittee named: Lundgren, Bossman and Judge
10. March 9, 2026Subcommittee recommended passing it
11. March 19, 2026Approved by the House committee
12. March 19, 2026Committee vote: 22–0
13. March 24, 2026Passed the House, 95–0
14. May 5, 2026Sent to the Governor
15. May 6, 2026Signed into law