Sign in

Back to the bill

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

SF 557: Relating to transactions involving covered financial instruments by members of the general assembly, legislative staff, and their immediate family, based on nonpublic information, and providing penalties

Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.

What it does

This bill relates to trading transactions involving covered financial instruments by members of the general assembly, legislative staff persons, and the immediate family of either based on nonpublic information. The bill prohibits a member of the general assembly, a legislative staff person, and the immediate family of either from directly or indirectly buying, selling, or otherwise engaging in a transaction involving a covered financial instrument if the transaction is based on information derived from the member’s position or official duties, that has not been made publicly available, and that could reasonably be expected to affect the market value of the covered financial instrument, subject to limited exceptions.

Sponsors

Sen. Matt Blake (D), Sen. Sarah Trone Garriott (D), Sen. Thomas Townsend (D), Sen. Zach Wahls (D), Sen. Janice Weiner (D), Sen. Mike Zimmer (D)

Cost

No fiscal note

Senate subcommittee · named March 11, 2025

  • Sen. Ken Rozenboom (R) · ken.rozenboom@legis.iowa.gov
  • Sen. Matt Blake (D) · matt.blake@legis.iowa.gov
  • Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov

In plain words

  1. March 6, 2025Filed in the Senate and sent to the State Government committee
  2. March 11, 2025Senate subcommittee named: Rozenboom, Blake and Schultz

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/SF557