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Read. Follow. Verify.Iowa removes state beneficiary and loss-benefit requirements for public officer insurance policies
Last action · April 16, 2026: Signed by Governor . H.J. 950 .
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What This Bill Does
Iowa eliminates the statutory mandate requiring the state to be named as the beneficiary on public officer insurance policies obtained in lieu of s, and removes the requirement that such policies benefit injured corporations or persons.
Changes the regulatory requirements for liability or surety coverage held by state and local public officers by removing specific statutory beneficiary designations.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Public officers
Public officers are no longer subject to specific statutory beneficiary and loss-benefit mandates when obtaining an insurance policy in lieu of a bond.
Key Facts
- Senate File 2342 strikes subsection 4 of section 64.3 of the Code 2026.
- The bill removes the requirement that the state must be the beneficiary of an insurance policy obtained by a public officer in lieu of a bond.
- The bill removes the requirement that such an insurance policy be for the use and benefit of any public or private corporation or person injured or sustaining loss.
- Under prior law enacted in 2024, public officers were allowed to obtain an insurance policy in lieu of a bond under specific beneficiary and loss-use terms.
Frequently Asked Questions
What does Senate File 2342 change?
Are public officers still required to hold bonds?
What else do you want to know?
News Coverage
Follow the record
Votes, people, money & the original sourceWhere This Stands
Current status: Signed into law.
Procedural history
33 actions- Apr 16, 2026HouseEnrolledSigned by Governor . H.J. 950 .
- Apr 16, 2026HouseReported correctly enrolled, signed by Speaker and President, and sent to Governor. H.J. 933 .
- Mar 23, 2026HouseMessage from Senate. H.J. 725 .
- Mar 23, 2026SenateImmediate message. S.J. 616 .
- Mar 23, 2026SenateFloorPassed Senate , yeas 47, nays 0. S.J. 615 .
- Mar 23, 2026SenateSubstituted for SF 2342 . S.J. 615 .
Show 27 earlier actions
- Mar 23, 2026SenateWithdrawn. S.J. 616 .
- Mar 23, 2026SenateHF 2522 substituted. S.J. 615 .
- Mar 23, 2026SenateFloorAmendment S-5039 adopted. S.J. 615 .
- Mar 19, 2026SenatePlaced on calendar under unfinished business. S.J. 600 .
- Mar 19, 2026SenatePlaced on calendar under unfinished business. S.J. 600 .
- Mar 9, 2026SenateIntroducedRead first time, attached to SF 2342 . S.J. 494 .
- Mar 9, 2026HouseMessage from House. S.J. 494 .
- Mar 9, 2026SenateAttached to HF 2522 . S.J. 494 .
- Mar 5, 2026HouseImmediate message. H.J. 601 .
- Mar 5, 2026HouseFloorPassed House , yeas 86, nays 0. H.J. 596 .
- Mar 2, 2026SenateAmendment S-5039 filed. S.J. 437 .
- Feb 16, 2026HouseIntroducedIntroduced, placed on calendar. H.J. 302 .
- Feb 16, 2026Iowa LegislatureCommittee report approving bill, renumbered as HF 2522 .
- Feb 16, 2026SenateCommittee report, approving bill. S.J. 298 .
- Feb 16, 2026SenateIntroducedIntroduced, placed on calendar. S.J. 292 .
- Feb 12, 2026Iowa LegislatureCommittee report approving bill, renumbered as SF 2342 .
- Feb 10, 2026HouseCommittee vote: Yeas, 21. Nays, 0. H.J. 268 .
- Feb 10, 2026HouseCommittee report, recommending amendment and passage. H.J. 268 .
- Feb 9, 2026Iowa LegislatureSubcommittee recommends passage.
- Feb 9, 2026HouseSubcommittee reassigned: Kniff McCulla, Blom and McBurney. H.J. 237 .
- Feb 9, 2026Iowa LegislatureSubcommittee recommends amendment and passage.
- Feb 5, 2026Iowa LegislatureSubcommittee Meeting: 02/09/2026 11:00AM Room 315.
- Feb 4, 2026HouseSubcommittee Meeting: 02/09/2026 12:45PM House Lounge.
- Feb 3, 2026HouseSubcommittee: Kniff McCulla, Blom and Wichtendahl. H.J. 198 .
- Feb 3, 2026HouseIntroducedIntroduced, referred to Local Government. H.J. 195 .
- Jan 22, 2026Iowa LegislatureSubcommittee: Driscoll, Guth, and Weiner.
- Jan 22, 2026Iowa LegislatureIntroducedIntroduced, referred to Local Government.
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Connected Entities
Sources
www.legis.iowa.gov
Analysis Score
0–100- Significance40How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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