Bills › 91st General Assembly

SF 413Signed by Governor · April 30, 2026

Relating to requirements for, and regular meetings of, the board of directors of a state bank, and electronic activities of a state bank

Sponsored by the Senate Commerce (companion To Hf 311 By Committee on Commerce) Committee

Topics:Business & economy

Same legislation: HSB 95, SSB 1070, HF 311

Where it is now

  1. Done: IntroducedJanuary 29, 2025
  2. Done: SubcommitteeJanuary 29, 2025
  3. Done: Senate committeeFebruary 20, 2025
  4. Done: Passes the SenateMarch 10, 202547–0
  5. Done: House committeeJanuary 21, 2026
  6. Done: Passes the HouseMarch 2, 202690–0
  7. Done: To the GovernorApril 30, 2026
  8. Done: Signed into lawApril 30, 2026

Signed into law What’s a funnel?

What’s in it

This bill relates to the requirements to serve on the board of directors (board) of a state bank, and the regular meetings of a board. Under current law, a board consists of five or more directors years of age or older, a majority of whom are residents of the state of Iowa and citizens of the United States. Under the bill, a board consists of five or more directors years of age or older, a majority of whom are citizens of the United States and at least three of whom are residents of the state of Iowa.

Read the full explanation

Under current law, a board shall hold at least nine regular meetings each calendar year, and no more than one regular meeting shall be held in any one calendar month. Under the bill, a board shall hold at least nine regular meetings each calendar year, and at least one regular meeting shall occur in each quarter of a calendar year.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Changed since by amendment H-8001; see Amendments. Full bill text · What changed before it passed

House subcommittee

Named January 12, 2026. On January 14, 2026 it recommended amendment and passage.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§524.601§524.607

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Lobbying

4 for · 0 against · 4 undecided · Who →

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.