Iowa SF2286 Public Funds Investment Bill
Iowa Legislative Events
Summary
Iowa Senate passed SF2286 on April 8, 2026, establishing new requirements for the investment of public funds by government entities. The bill, formerly SSB 3075, makes penalties applicable for violations and advanced from the Senate State Government Committee with a 14-2 favorable vote before passing the full Senate 32-13.
What changed
Iowa SF2286 establishes new requirements for how state and local government entities may invest public funds. The bill, which passed the Iowa Senate on April 8, 2026, by a 32-13 vote after adopting amendment S-5164, makes penalties applicable for violations of investment restrictions.
Government agencies managing public funds will face new compliance obligations and potential penalties under this legislation. Financial institutions and investment managers handling public money should prepare for modified investment standards and increased regulatory scrutiny once the bill becomes law.
What to do next
- Government agencies should review current public funds investment policies
- Fund managers handling public money should assess compliance gaps
- Monitor for House passage and gubernatorial action
Archived snapshot
Apr 9, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Iowa / SF2286 Passed SF2286 SF Passed 2026-04-08
A bill for an act relating to the investment of public funds, and making penalties applicable. (Formerly SSB 3075.)
Bill Details
State Iowa
Session 91st General Assembly
Chamber Senate
Official Source www.legis.iowa.gov/legislation/BillBook?ga...
LegiScan View on LegiScan
Sponsors
State Government
Action History
2026-04-08 H Read first time, passed on file. H.J. 04/08. 2026-04-08 H Message from Senate. H.J. 04/08. 2026-04-08 S Immediate message. S.J. 753. 2026-04-08 S Passed Senate, yeas 32, nays 13. S.J. 752. 2026-04-08 S Amendment S-5164 filed, adopted. S.J. 752. 2026-03-20 S Fiscal note. 2026-03-19 S Placed on calendar under unfinished business. S.J. 600. 2026-02-11 S Committee report, approving bill. S.J. 261. 2026-02-11 S Introduced, placed on calendar. S.J. 253.
Votes
2026-02-11 Senate State Government Report Yea: 14 Nay: 2 2026-04-08 Shall the bill pass? Yea: 32 Nay: 13
Bill Text Versions
2026-02-11 Introduced 2026-04-08 Amended Legislative data powered by LegiScan (CC BY 4.0)
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