HF101 • 2026

A bill for an act relating to the sale of bonds by limiting the amount offered for sale.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: MEGGERS
Last action: 2025-01-23
Official status: Subcommittee: Meggers, Wichtendahl and Wills, J. H.J. 123 .
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

A bill for an act relating to the sale of bonds by limiting the amount offered for sale.

What This Bill Does

A bill for an act relating to the sale of bonds by limiting the amount offered for sale.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-01-23 Iowa Legislature
Subcommittee: Meggers, Wichtendahl and Wills, J. H.J. 123 .
2025-01-22 Iowa Legislature
Introduced, referred to Ways and Means. H.J. 109 .

Official Summary Text

A bill for an act relating to the sale of bonds by limiting the amount offered for sale.

Current Bill Text

Read the full stored bill text

House

File

101

-

Introduced

HOUSE

FILE

101

BY

MEGGERS

A

BILL

FOR

An

Act

relating

to

the

sale

of

bonds

by

limiting

the

amount

1

offered

for

sale.

2

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

3

TLSB

1262YH

(3)

91

jm/md

H.F.

101

Section

1.

NEW

SECTION

.

75.1A

Bond

issuance

——

limitation.

1

For

projects

for

which

a

proposition

to

issue

bonds

was

2

approved

at

an

election

held

after

July

1,

2025,

the

total

3

amount

of

bonds

issued

for

the

project

under

any

provision

of

4

law

shall

not

exceed

an

amount

equal

to

eighty

percent

of

the

5

total

cost

of

the

project.

The

remaining

costs

of

the

project

6

shall

be

funded

from

sources

other

than

from

the

sale

of

bonds.

7

EXPLANATION

8

The

inclusion

of

this

explanation

does

not

constitute

agreement

with

9

the

explanation’s

substance

by

the

members

of

the

general

assembly.

10

This

bill

relates

to

the

sale

of

bonds

by

limiting

the

amount

11

offered

for

sale

for

certain

projects.

Under

the

bill,

for

12

projects

for

which

a

proposition

to

issue

bonds

was

approved

at

13

an

election

held

after

July

1,

2025,

the

total

amount

of

bonds

14

issued

for

the

project

under

any

provision

of

law

shall

not

15

exceed

an

amount

equal

to

80

percent

of

the

total

cost

of

the

16

project.

The

remaining

costs

of

the

project

shall

be

funded

17

from

sources

other

than

from

the

sale

of

bonds.

18

-1-

LSB

1262YH

(3)

91

jm/md

1/

1