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

SSB 3180: Providing for investment by regents institutions in certified innovation funds and including effective date provisions

Became SF 2453 · Its progress continues under the new number.

What it does

52. The bill provides that each institution shall retain discretion to determine which innovation funds to invest in, when investments are made, and the structure of commitments. The bill authorizes an institution to implement investments through direct commitments, reallocation of existing assets, or rolling commitments as capital is called. Investments made pursuant to the bill shall be managed in accordance with generally accepted institutional fiduciary standards applicable to endowment funds.

Sponsors

Not listed

Cost

See the fiscal note

The fiscal impact of SF 2453 is unknown. There may be some costs associated with the reallocation of assets or varying returns on investments, but the potential impact cannot be estimated with the information available. Source Board of Regents /s/ Jennifer Act…

Senate subcommittee · named February 17, 2026

  • Sen. Mike Bousselot (R) · mike.bousselot@legis.iowa.gov
  • Sen. Izaah Knox (D) · izaah.knox@legis.iowa.gov
  • Sen. Carrie Koelker (R) · carrie.koelker@legis.iowa.gov

Lobbying · 2 for, 1 against

For: Genvax Technologies, Inc.; Iowa Venture Capital Association

Against: Iowa Board of Regents

In plain words

  1. February 17, 2026Filed in the Senate and sent to the Commerce committee
  2. February 17, 2026Senate subcommittee named: Bousselot, Knox and Koelker
  3. February 19, 2026Subcommittee recommended passing it
  4. February 19, 2026Approved by the Senate committee, and given a new number: SF 2453

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/SSB3180