# Iowa SF 2304: A bill for an act relating to certain public utilities, including the development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities and cost considerations for acquisitions of water, sanitary sewer, or storm water utilities. (Formerly SSB 3068.) Effective date: 07/01/2026. Iowa SF 2304, A bill for an act relating to certain public utilities, including the development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities and cost considerations for acquisitions of water, sanitary sewer, or storm water utilities. (Formerly SSB 3068.) Effective date: 07/01/2026., is a 91st General Assembly (2025–2026) Senate bill sponsored by COMMITTEE ON COMMERCE; status signed, last action 2026-06-01 (Signed by Governor.); PRIA reads it as touching household money (as of 2026-10-18). - Canonical: https://policyrisk.com/state-bill/IA-SF2304-2025-2026 - 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 2304 - State: Iowa - Session: 91st General Assembly (2025–2026) - Title: A bill for an act relating to certain public utilities, including the development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities and cost considerations for acquisitions of water, sanitary sewer, or storm water utilities. (Formerly SSB 3068.) Effective date: 07/01/2026. - Status: signed - Chamber: Senate - Introduced: 2026-02-12 - Last action: 2026-06-01, Signed by Governor. - Sponsor: COMMITTEE ON COMMERCE - Cosponsors: 0 - Touches household money: yes - Roll calls: 2 (138 yes, 0 no in all) - Economic provisions PRIA read: 2 ## Summary No summary available. ## Bill overview: provisions PRIA read - New water charges for Iowa customers: cost, low. Beginning July 1, 2026, Iowa’s rate-regulated, investor-owned water and wastewater utilities can seek approval for new infrastructure charges. These fixed monthly charges depend on meter size and require Iowa Utilities Commission approval of a multiyear improvement plan. Eligible projects address l… - Utility buyouts can affect customer rates: cost, low. Beginning July 1, 2026, qualifying buyers of water, sanitary sewer, or storm water utilities can submit initial rates before closing. If the acquired system fails Iowa Code section 476.84(2)(a)’s requirements, the commission must consider acquisition expenses in the buyer’s next rate case. These in… ## Sponsors and cosponsors - Sponsor: COMMITTEE ON COMMERCE ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-06 | House | Passed House | pass | 92 | 0 | | | 2026-03-31 | Senate | Passed Senate | pass | 46 | 0 | | ## Actions (15) - 2026-06-01: Signed by Governor. (Senate) - 2026-05-05: Reported correctly enrolled, signed by President and Speaker, and sent to Governor. (Senate) - 2026-04-07: Message from House. (Senate) - 2026-04-06: Immediate message. (House) - 2026-04-06: Passed House, yeas 92, nays 0. (House) - 2026-04-06: Substituted for HF 2581. (House) - 2026-04-01: Read first time, passed on file. (House) - 2026-04-01: Message from Senate. (House) - 2026-03-31: Immediate message. (Senate) - 2026-03-31: Passed Senate, yeas 46, nays 0. (Senate) - 2026-03-31: Amendment S-5124 adopted. (Senate) - 2026-03-23: Amendment S-5124 filed. (Senate) - 2026-03-19: Placed on calendar under unfinished business. (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/SF2304.pdf) - Enrolled: [PDF](https://www.legis.iowa.gov/docs/publications/LGE/91/SF2304.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/SF2304.pdf) - [Enrolled (PDF)](https://www.legis.iowa.gov/docs/publications/LGE/91/SF2304.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-SF2304-2025-2026 (as of 2026-10-18).