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Read. Follow. Verify.Iowa Senate File 413 reduces minimum bank board meetings and updates electronic activity rules
Last action · April 30, 2026: Signed by Governor . S.J. 947 .
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What This Bill Does
State bank boards of directors are now required to hold at least six regular meetings per calendar year instead of nine, with at least one meeting per calendar quarter. The law takes effect on July 1, 2026.
State bank directors face modified operational scheduling requirements for governance meetings and updated oversight standards regarding electronic banking operations.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
State banks
State banks and their boards of directors are subject to the revised schedule of at least six regular annual meetings and updated rules regarding electronic activities.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
How many regular board meetings must a state bank hold each year under the new law?
Can bank directors participate in meetings remotely?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
Current status: Signed into law.
Procedural history
38 actions- Apr 30, 2026SenateEnrolledSigned by Governor . S.J. 947 .
- Apr 30, 2026SenateReported correctly enrolled, signed by President and Speaker, and sent to Governor. S.J. 947 .
- Mar 10, 2026HouseMessage from Senate. H.J. 629 .
- Mar 10, 2026SenateImmediate message. S.J. 533 .
- Mar 10, 2026SenateFloorPassed Senate , yeas 46, nays 0. S.J. 529 .
- Mar 10, 2026SenateFloorSenate concurred with S-5052 . S.J. 529 .
Show 32 earlier actions
- Mar 3, 2026HouseMessage from House, with amendment S-5052 . S.J. 439 .
- Mar 2, 2026HouseImmediate message. H.J. 483 .
- Mar 2, 2026HouseFloorPassed House , yeas 90, nays 0. H.J. 465 .
- Mar 2, 2026HouseFloorCommittee amendment H-8001 adopted. H.J. 465 .
- Jan 26, 2026HousePlaced on calendar. H.J. 155 .
- Jan 26, 2026HouseCommittee amendment H-8001 filed. H.J. 155 .
- Jan 21, 2026HouseCommittee vote: Yeas, 22. Nays, 0. Excused, 1. H.J. 155 .
- Jan 21, 2026HouseCommittee report, recommending amendment and passage. H.J. 154 .
- Jan 14, 2026Iowa LegislatureSubcommittee recommends amendment and passage.
- Jan 12, 2026HouseSubcommittee Meeting: 01/14/2026 12:00PM House Lounge.
- Jan 12, 2026HouseSubcommittee: Determann, Blom and Srinivas. H.J. 20 .
- Apr 3, 2025HouseCommitteeReferred to Commerce. H.J. 895 .
- Apr 3, 2025HouseRereferred to Commerce. H.J. 895 .
- Mar 11, 2025HouseIntroducedRead first time, passed on file. H.J. 595 .
- Mar 10, 2025HouseMessage from Senate. H.J. 589 .
- Mar 10, 2025SenateImmediate message. S.J. 454 .
- Mar 10, 2025SenateFloorPassed Senate , yeas 47, nays 0. S.J. 453 .
- Feb 24, 2025SenateCommittee report, approving bill. S.J. 344 .
- Feb 24, 2025SenateIntroducedIntroduced, placed on calendar. S.J. 339 .
- Feb 20, 2025Iowa LegislatureCommittee report approving bill, renumbered as SF 413 .
- Feb 19, 2025Iowa LegislatureSubcommittee recommends passage.
- Feb 10, 2025HouseIntroducedIntroduced, placed on calendar. H.J. 278 .
- Feb 10, 2025Iowa LegislatureCommittee report approving bill, renumbered as HF 311 .
- Feb 6, 2025HouseCommittee vote: Yeas, 22. Nays, 1. Excused, 2. H.J. 267 .
- Feb 6, 2025HouseCommittee report, recommending amendment and passage. H.J. 267 .
- Feb 3, 2025Iowa LegislatureSubcommittee Meeting: 02/04/2025 1:00PM Lobbyist Lounge.
- Feb 3, 2025Iowa LegislatureSubcommittee recommends amendment and passage.
- Jan 29, 2025Iowa LegislatureSubcommittee: Warme, Knox, and Rowley.
- Jan 29, 2025Iowa LegislatureIntroducedIntroduced, referred to Commerce.
- Jan 29, 2025HouseSubcommittee Meeting: 02/03/2025 11:30AM House Lounge.
- Jan 28, 2025HouseSubcommittee: Determann, Blom and Johnson, R. H.J. 135 .
- Jan 28, 2025HouseIntroducedIntroduced, referred to Commerce. H.J. 134 .
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- Significance45How 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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