Relating to bonds for general contractors

Where it is now

1. ✓
   Done: IntroducedFebruary 18, 2025
2. ✓
   Done: SubcommitteeFebruary 18, 2025
3. ✓
   Done: Senate committeeMarch 6, 2025
4. ✓
   Done: Passes the SenateMarch 2, 202644–0
5. Next: House committeeFunnel: by March 20, 2026
6. Next: Passes the House
7. Next: To the Governor
8. Next: Signed into law

Became SF 2376 → Its progress continues under the new number. Go to SF 2376 What’s a funnel?

What’s in it

This bill requires a general contractor, defined as a person who does work or furnishes materials by contract, express or implied, with an owner, to obtain a performance bond payable to the person for whom the general contractor is performing work in the amount of $50,000 prior to performing any work in this state. The bill does not apply to a general contractor performing work for the state or a political subdivision of the state, including a general contractor subject to state agency competitive bidding requirements. The bill prohibits a county, city, township, or school district from requiring that a general contractor file a bond for private work other than as required by the bill.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Changed since by amendment S-5044; see Amendments. Full bill text

Senate subcommittee

Named January 15, 2026. On January 22, 2026 it recommended passage.

• Sen. Scott Webster REmail
• Sen. Herman C. Quirmbach DEmail
• Sen. Dave Sires REmail

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

Fiscal note

5 additional FTE positions and a one-time programming cost of $10,000 to the ALIGN system. The costs for FY 2028 and thereafter will be approximately $724,000 annually. Source Department of Inspections, Appeals, and Licensing /s/ Jennifer Acton March 18, 2026 Doc ID 1602502 The Fiscal Note for this Bill was prepared pursuant to Joint Rule 17 and the Iowa Code.

• Contractor Bond Requirements · March 18, 2026 · $724,000

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Iowa Code it changes

Creates§572A.1

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

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.