All Roll Calls
Yes: 135 • No: 0
IowaSF 221591st General Assembly (2025–2026)SenateWALLET
A bill for an act relating to the applicability of the standard nonforfeiture law for individual deferred annuities to contingent deferred annuities. (Formerly SSB 3064.) Effective date: 07/01/2026.
Sponsored By: COMMITTEE ON COMMERCE
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
New protection rules for contingent deferred annuities
Beginning July 1, 2026, Iowa's standard nonforfeiture benefit requirements no longer apply to contingent deferred annuities. Instead, the Iowa Insurance Commissioner may set nonforfeiture benefits through state rulemaking, but replacement benefits are not guaranteed. Any benefits set must be fair to policyholders and fit the risks insured. They must also follow the law's general purpose as far as possible.
Sponsors & Cosponsors
Sponsor
COMMITTEE ON COMMERCE
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 3/12/2026
Passed House
Yes: 91 • No: 0
Senate vote • 3/3/2026
Passed Senate
Yes: 44 • No: 0
Actions Timeline
Signed by Governor.
4/9/2026SenateReported correctly enrolled, signed by President and Speaker, and sent to Governor.
4/9/2026SenateMessage from House.
3/16/2026SenateImmediate message.
3/12/2026HousePassed House, yeas 91, nays 0.
3/12/2026HouseSubstituted for HF 2184.
3/12/2026HouseRead first time, passed on file.
3/4/2026HouseMessage from Senate.
3/3/2026HouseImmediate message.
3/3/2026SenatePassed Senate, yeas 44, nays 0.
3/3/2026SenateCommittee report, approving bill.
2/5/2026SenateIntroduced, placed on calendar.
2/5/2026Senate
Bill Text
As Introduced
Enrolled
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