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IA HSB567
SB
Status
Introduced
1/15/2026
Primary Sponsor
Judiciary
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AI Summary
- Amends Iowa Code Section 573.16 regarding public improvement contracts by adding a new notification requirement after project completion
- Public corporations must send written notification of the final acceptance date within 14 calendar days to the principal contractor, performance bond surety, and any claimants who filed labor or material claims
- Existing law allows parties to bring equity actions between 30 and 60 days after final acceptance to adjudicate fund rights or enforce bond liability
- Public corporations are shielded from liability for claims or damages arising from failure to comply with the new notification requirement
Legislative Description
A bill for an act relating to public improvement contracts, including notice requirements.(See HF 2189.)
Last Action
Committee report approving bill, renumbered as HF 2189.
1/28/2026
Committee Referrals
Judiciary1/15/2026
Full Bill Text
No bill text available