Sign in

Back to the bill

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

SF 2446: Relating to captive insurance companies and life captive reinsurance companies, and including civil penalties

Became SF 2499 · Its progress continues under the new number.

What it does

This bill relates to captive insurance companies (captive companies) and life captive reinsurance companies (LCRCs). Under the bill, a tax return on gross premiums filed by an insurance company or a captive company shall not be subject to inspection under Code chapter 22, and it shall be unlawful for any present or former officer or employee of the state to willfully or recklessly publish such tax return. A person who violates the bill shall be guilty of a serious misdemeanor and, in addition to any other penalty, shall be dismissed from state office or discharged from state employment.

Sponsors

Commerce committee

Cost

See the fiscal note

The fiscal impact for House File 2766 cannot be determined because the number of companies that will domicile or redomesticate to Iowa is unknown. The number of convictions under the Bill for willfully or recklessly publishing a tax return by a State officer o…

Senate subcommittee · named February 24, 2026

  • Sen. Mike Bousselot (R) · mike.bousselot@legis.iowa.gov
  • Sen. Janet Petersen (D) · janet.petersen@legis.iowa.gov
  • Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov

Lobbying · 2 for, 0 against

For: American Property Casualty Insurance Association (APCIA); Iowa Insurance Division

In plain words

  1. February 17, 2026Filed in the Senate and sent to the Commerce committee · as SSB 3179
  2. February 17, 2026Senate subcommittee named: Sweeney, Bisignano and Gruenhagen · as SSB 3179
  3. February 19, 2026Subcommittee recommended passing it · as SSB 3179
  4. February 19, 2026Approved by the Senate committee, and given a new number: SF 2446 · as SSB 3179
  5. February 23, 2026Filed in the Senate
  6. February 23, 2026Approved by the Senate committee
  7. February 24, 2026Sent to the Senate Ways and Means committee
  8. February 24, 2026Senate subcommittee named: Bousselot, Petersen and Schultz
  9. March 30, 2026Subcommittee recommended passing it
  10. April 15, 2026Approved by the Senate committee, and given a new number: SF 2499

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/91/SF2446