Bills › 91st General Assembly

Providing for partial liability of regents institutions for defaulted educational loans

Topics:Higher education

Same legislation: HF 2241

Where it is now

  1. Done: IntroducedJanuary 13, 2026
  2. Done: SubcommitteeJanuary 13, 2026
  3. Done: House committeeJanuary 28, 2026
  4. Skipped: Passes the HouseContinued as HF 2241
  5. Next: Senate committee
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Became HF 2241 → Its progress continues under the new number. Go to HF 2241 What’s a funnel?

What’s in it

AI summary If a student fails to pay back a loan used for college at a state university, the school would have to pay back a portion of what is owed. This payment from the school would reduce the amount the student is responsible for paying.1

Read the official explanation

This bill relates to borrowers of educational loans, as those terms as defined under current law. The bill provides that if a borrower defaults on an educational loan obtained to pay for or finance the higher education expenses of a student incurred during the student’s enrollment at an institution of higher education governed by the state board of regents, the institution shall be liable for percent of the amount owed by the borrower as a result of the default. The institution’s liability shall offset percent of the borrower’s liability for the default. The institution’s liability shall be governed by the same terms as the borrower unless otherwise negotiated by the institution.

Full bill text2

House subcommittee

Named January 13, 2026. On January 21, 2026 it recommended passage.

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

Creates§262C.1§262C.2

How the Code works3

Lobbying

1 for · 0 against · 2 undecided · Who →

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