SSB 3058: Relating to preneed sellers, sales agents and sales agent applicants, and government cemeteries

What it does

This bill relates to preneed sellers, sales agents and sales agent applicants, and government cemeteries.602(2)(c) to calculate the rate of inflation by relying on the most recently released consumer price index for all urban consumers published by the United States department of labor, bureau of labor statistics, rather than relying on the inflation as set by the commissioner of insurance (commissioner) based on the consumer price index under current law. The bill eliminates the requirement under current law that if a preneed seller has a trust agreement, the commissioner shall conduct an examination of the preneed seller at least once every five years unless the preneed seller has annually provided to the commissioner a certified copy of an audit conducted by an independent certified public accountant.

Senate subcommittee · named January 21, 2026

• Sen. David D. Rowley (R) · david.rowley@legis.iowa.gov
• Sen. Tony Bisignano (D) · tony.bisignano@legis.iowa.gov
• Sen. Jeff Reichman (R) · jeff.reichman@legis.iowa.gov

Lobbying · 2 for, 0 against

For: Iowa Insurance Division; Iowa League of Cities

In plain words

1. January 21, 2026Filed in the Senate and sent to the Commerce committee
2. January 21, 2026Senate subcommittee named: Rowley, Bisignano and Reichman
3. January 27, 2026Subcommittee recommended passing it with changes
4. January 28, 2026Approved by the Senate committee, and given a new number: SF 2148