Bills › 91st General Assembly

SF 2296Signed by Governor · May 6, 2026

Relating to digital financial kiosks, modifying civil penalties, and including effective date and applicability provisions

Sponsored by the Senate Technology Committee

Topics:Business & economyCourts & civil lawTechnology & privacy

Same legislation: SSB 3086

Where it is now

  1. Done: IntroducedJanuary 27, 2026
  2. Done: SubcommitteeJanuary 28, 2026
  3. Done: Senate committeeFebruary 11, 2026
  4. Done: Passes the SenateMarch 2, 202644–0
  5. Done: House committeeMarch 19, 2026
  6. Done: Passes the HouseMarch 24, 202695–0
  7. Done: To the GovernorMay 5, 2026
  8. Done: Signed into lawMay 6, 2026

Signed into law What’s a funnel?

What’s in it

AI summary Instead of having its own separate rules, the state will now treat violations involving digital financial asset kiosks as consumer fraud. This change allows the attorney general to use existing consumer protection laws to punish people who break these rules. If someone ignores a court order meant to stop these violations, the attorney general can seek fines of up to $100,000.1

Read the official explanation

This bill relates to digital financial asset transaction kiosks.1004 (digital financial asset transaction kiosks).16 (consumer frauds), and subjects such violations to the remedies and enforcement provisions available under that section.16.1004, the attorney general may bring a civil action to seek a civil penalty of up to $100,000 for a violation of the injunction.

Changed since by amendment S-5042; see Amendments.

Full bill text · What changed before it passed2

House subcommittee

Named March 4, 2026. On March 9, 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

Amends§533C.1004§714.16

How the Code works3

Lobbying

3 for · 1 against · 11 undecided · Who →

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91st General Assembly