# Iowa SF 2296: A bill for an act relating to digital financial kiosks, modifying civil penalties, and including effective date and applicability provisions. (Formerly SSB 3086.) Effective date: 05/06/2026. Iowa SF 2296, A bill for an act relating to digital financial kiosks, modifying civil penalties, and including effective date and applicability provisions. (Formerly SSB 3086.) Effective date: 05/06/2026., is a 91st General Assembly (2025–2026) Senate bill sponsored by COMMITTEE ON TECHNOLOGY; status signed, last action 2026-05-06 (Signed by Governor.); PRIA reads it as touching household money (as of 2026-10-18). - Canonical: https://policyrisk.com/state-bill/IA-SF2296-2025-2026 - As of: 2026-10-18 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Iowa SF 2296 - State: Iowa - Session: 91st General Assembly (2025–2026) - Title: A bill for an act relating to digital financial kiosks, modifying civil penalties, and including effective date and applicability provisions. (Formerly SSB 3086.) Effective date: 05/06/2026. - Status: signed - Chamber: Senate - Introduced: 2026-02-12 - Last action: 2026-05-06, Signed by Governor. - Sponsor: COMMITTEE ON TECHNOLOGY - Cosponsors: 0 - Subjects: commerce - Touches household money: yes - Roll calls: 2 (139 yes, 0 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - Consumers get public Iowa kiosk lists: benefit, low. Beginning May 6, 2026, operators must report Iowa kiosks they own, operate, or manage as authorized delegates. They must report each physical location to the Iowa Division of Banking. Operators must update their lists within 30 calendar days after a change. The Division must post each operator’s li… - Stronger enforcement protects Iowa kiosk users: benefit, low. Beginning May 6, 2026, violating Iowa’s kiosk requirements counts as an unlawful practice under state consumer-protection law. The Attorney General may seek a civil penalty up to $100,000 for violating a covered court order, called an injunction. This authority requires a reasonable belief that a p… - Iowa kiosk operators need money-transmitter licenses: cost, low. Beginning May 6, 2026, anyone owning, operating, soliciting, marketing, advertising, or facilitating an Iowa digital asset kiosk needs a money-transmission license. Covered kiosks exchange digital assets for money, bank credit, or other digital assets through a separate licensed exchange or operato… - Kiosk users face 15% transaction charges: mixed, medium. Beginning May 6, 2026, Iowa digital asset kiosk transactions carry a 15% charge. The calculation uses the assets’ U.S. dollar value at the market value when the consumer starts the transaction. This replaces pricing based on a licensed exchange’s quoted price. Operators must show the dollar amount… ## Sponsors and cosponsors - Sponsor: COMMITTEE ON TECHNOLOGY ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-03-24 | House | Passed House | pass | 95 | 0 | | | 2026-03-02 | Senate | Passed Senate | pass | 44 | 0 | | ## Actions (19) - 2026-05-06: Signed by Governor. (Senate) - 2026-05-05: Reported correctly enrolled, signed by President and Speaker, and sent to Governor. (Senate) - 2026-03-30: Explanation of vote. (House) - 2026-03-24: Message from House. (Senate) - 2026-03-24: Immediate message. (House) - 2026-03-24: Passed House, yeas 95, nays 0. (House) - 2026-03-19: Placed on calendar. (House) - 2026-03-19: Committee vote: Yeas, 22. Nays, 0. Excused, 1. (House) - 2026-03-19: Committee report, recommending passage. (House) - 2026-03-09: Subcommittee recommends passage. (legislature) - 2026-03-04: Subcommittee Meeting: 03/09/2026 12:00PM House Lounge. (House) - 2026-03-04: Subcommittee: Lundgren, Bossman and Judge. (House) - 2026-03-02: Read first time, referred to Commerce. (House) - 2026-03-02: Message from Senate. (House) - 2026-03-02: Immediate message. (Senate) - 2026-03-02: Passed Senate, yeas 44, nays 0. (Senate) - 2026-03-02: Amendment S-5042 filed, adopted. (Senate) - 2026-02-12: Committee report, approving bill. (Senate) - 2026-02-12: Introduced, placed on calendar. (Senate) ## Bill text - As Introduced: [PDF](https://www.legis.iowa.gov/docs/publications/LGI/91/SF2296.pdf) - Enrolled: [PDF](https://www.legis.iowa.gov/docs/publications/LGE/91/SF2296.pdf) ## Related bills - HF 2801: A bill for an act modifying the major economic growth attraction program, and including effective date provisions. (Formerly HSB 785.) Effective date: 10/02/20… (signed) - SF 2472: A bill for an act relating to state and local government taxes, fees, financial authority, and budgets, by modifying property assessment provisions, divisions… (signed) - HF 2601: A bill for an act relating to campaign finance, including participation in ballot issue campaigns by foreign nationals and investigations of election misconduc… (signed) - SF 2399: A bill for an act relating to bail and bond amounts and conditions. (Formerly SSB 3162.) Effective date: 07/01/2026. (signed) - SF 2471: A bill for an act relating to fees for lifetime fur harvester licenses. (Formerly SF 2317, SSB 3121.) Effective date: 07/01/2026. (signed) - SF 2299: A bill for an act relating to the district-to-community college sharing or concurrent enrollment program. (Formerly SF 2176.) Vetoed 6-2-26. (vetoed) ## Sources - [As Introduced (PDF)](https://www.legis.iowa.gov/docs/publications/LGI/91/SF2296.pdf) - [Enrolled (PDF)](https://www.legis.iowa.gov/docs/publications/LGE/91/SF2296.pdf) ## Related - [HF 2801: A bill for an act modifying the major economic growth attraction program, and i…](https://policyrisk.com/state-bill/IA-HF2801-2025-2026) - [SF 2472: A bill for an act relating to state and local government taxes, fees, financial…](https://policyrisk.com/state-bill/IA-SF2472-2025-2026) - [HF 2601: A bill for an act relating to campaign finance, including participation in ball…](https://policyrisk.com/state-bill/IA-HF2601-2025-2026) - [SF 2399: A bill for an act relating to bail and bond amounts and conditions. (Formerly S…](https://policyrisk.com/state-bill/IA-SF2399-2025-2026) - [SF 2471: A bill for an act relating to fees for lifetime fur harvester licenses. (Former…](https://policyrisk.com/state-bill/IA-SF2471-2025-2026) - [SF 2299: A bill for an act relating to the district-to-community college sharing or conc…](https://policyrisk.com/state-bill/IA-SF2299-2025-2026) - [Iowa bills](https://policyrisk.com/states/iowa/bills) - [Iowa state hub](https://policyrisk.com/states/iowa) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/IA-SF2296-2025-2026 (as of 2026-10-18).