Week 3-January 23-27

The week started off with a late-night debate Monday. Both chambers debated and passed the education savings account (ESA) bill that Republican leadership tagged as a priority during the first week of session. Governor Reynolds signed the bill on Tuesday morning. You can read more about the bill and eligibility requirements here.

With one of the bigger issues of the session out of the way, everyone is anxious to see what issues the legislature tackles next. In her Condition of the State address a few weeks ago, Gov. Reynolds stated that setting caps on medical malpractice suits was another priority she wanted to see accomplished this session. The Senate and House held subcommittees on their bills dealing with issue this week. The bills would cap non-economic damages like pain and suffering in medical malpractice suits at $1 million dollars. The bill does not cap economic or punitive damages.

We will continue to keep you updated on big issues like the medical malpractice bill and issues more specific to our members as the session progresses.

IIC bill declarations

This list is the positions IIC has taken on various bills at the statehouse following our Policy Resolutions voted on at the 2022 annual meeting.

HF 131 (Formerly HSB 35)- FOR

This bill makes updates to credit union regulations in Iowa including allowing credit union boards to compensate directors. Right now, credit unions are the only cooperative that is expressly prohibited from compensating directors. Passed Commerce committee, now eligible for floor debate.

HSB 67 - FOR

Expressly states aboveground flammable or combustible liquid storage tanks of any size are not assessed or taxed as real property. Passed subcommittee 3-0, now in House Ways and Means committee.