SF 2363: Providing for the conversion of partnerships into other forms of domestic or foreign organizations, and providing for fees

What it does

BACKGROUND —— GENERAL. This bill amends the “Uniform Partnership Act” (Code chapter 486A) prepared and recommended by the national conference of commissioners of uniform state laws, and providing for partnership law in Iowa. A partnership refers to a general partnership which involves an association of individuals who assume co-ownership of business assets. Generally, the general partners are responsible for collective decisionmaking, taking an equal share of business profits, and assuming full personal liability in case of a lawsuit or creditor action.

Senate subcommittee · named February 24, 2026

• Sen. Jeff Taylor (R) · jeff.taylor@legis.iowa.gov
• Sen. Jesse Green (R) · jesse.green@legis.iowa.gov
• Sen. Herman C. Quirmbach (D) · herman.quirmbach@legis.iowa.gov

Lobbying · 2 for, 0 against

For: Iowa Secretary of State; Iowa State Bar Association

In plain words

1. February 11, 2026Filed in the Senate and sent to the Judiciary committee · as SSB 3160
2. February 11, 2026Senate subcommittee named: Shipley, Blake and Reichman · as SSB 3160
3. February 12, 2026Subcommittee recommended passing it · as SSB 3160
4. February 17, 2026Approved by the Senate committee, and given a new number: SF 2363 · as SSB 3160
5. February 18, 2026Filed in the Senate
6. February 18, 2026Approved by the Senate committee
7. February 24, 2026Sent to the Senate Ways and Means committee
8. February 24, 2026Senate subcommittee named: Taylor, Green and Quirmbach
9. March 12, 2026Subcommittee recommended passing it
10. March 12, 2026Approved by the Senate committee, and given a new number: SF 2468