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IA HSB660

SB

Official Source

Status

Introduced

2/3/2026

Primary Sponsor

Local Government

Click for details

Origin

House of Representatives

91st General Assembly

AI Summary

  • Amends Iowa Code Section 64.3, subsection 4, by striking the entire subsection relating to insurance policy requirements for public officers.
  • Removes the requirement that the state must be named as beneficiary on insurance policies obtained by public officers in lieu of a bond.
  • Eliminates the requirement that such insurance policies must be for the use and benefit of any corporation (public or private) or person injured or sustaining loss.
  • Current law (since 2024) allows public officers to obtain insurance policies instead of bonds, but this bill removes the conditions that made the insurance policy mirror the bond's beneficiary and use requirements.

Legislative Description

A bill for an act relating to the required beneficiary and use of a public officer insurance policy.(See HF 2522.)

Last Action

Committee report approving bill, renumbered as HF 2522.

2/16/2026

Committee Referrals

Local Government2/3/2026

Full Bill Text

No bill text available