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

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

Became SF 413 → Its progress continues under the new number. Go to SF 413 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, at least three of whom are residents of the state of Iowa and citizens of the United States. 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.

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

Senate subcommittee

Named January 29, 2025. On February 19, 2025 it recommended passage.

• Sen. Kara Warme REmail
• Sen. Izaah Knox DEmail
• Sen. David D. Rowley 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

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

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.