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IA SSB3069

SB

Status

Introduced

1/22/2026

Primary Sponsor

Local Government

Click for details

Origin

Senate

91st General Assembly

AI Summary

  • Amends Iowa Code Section 64.3, subsection 4, by striking the subsection entirely
  • Removes requirements that insurance policies obtained by public officers in lieu of bonds must name the state as beneficiary
  • Eliminates the requirement that such insurance policies be for the use and benefit of any corporation (public or private) or person injured or sustaining loss
  • Current law (enacted in 2024) allows public officers to obtain insurance policies instead of bonds; this bill removes the specific beneficiary and use restrictions that applied to those policies

Legislative Description

A bill for an act relating to the required beneficiary and use of a public officer insurance policy.(See SF 2342.)

Last Action

Committee report approving bill, renumbered as SF 2342.

2/12/2026

Committee Referrals

Local Government1/22/2026

Full Bill Text

No bill text available