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

SF 2468: Providing for the conversion of partnerships into other forms of domestic or foreign organizations, and providing for fees

Signed into law

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.

Sponsors

Ways and Means (successor To Ssb 3160) committee

Cost

No fiscal note

Lobbying · 2 for, 0 against

For: Iowa Secretary of State; Iowa State Bar Association

In plain words

  1. March 12, 2026Filed in the Senate
  2. March 12, 2026Approved by the Senate committee
  3. April 14, 2026Passed the Senate, 47–0
  4. April 27, 2026Took the place of HF 2776 on the House floor (the same legislation)
  5. April 27, 2026Passed the House, 89–0
  6. May 5, 2026Sent to the Governor
  7. May 15, 2026Signed into law

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/SF2468