# Iowa SF 557: A bill for an act relating to transactions involving covered financial instruments by members of the general assembly, legislative staff, and their immediate family, based on nonpublic information, and providing penalties.

Iowa SF 557, A bill for an act relating to transactions involving covered financial instruments by members of the general assembly, legislative staff, and their immediate family, based on nonpublic information, and providing penalties., is a 91st General Assembly (2025–2026) Senate bill sponsored by Zach Wahls (Democratic); status failed, last action 2025-03-11 (Subcommittee: Rozenboom, Blake, and Schultz.) (as of 2026-10-18).

- Canonical: https://policyrisk.com/state-bill/IA-SF557-2025-2026
- 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 557
- State: Iowa
- Session: 91st General Assembly (2025–2026)
- Title: A bill for an act relating to transactions involving covered financial instruments by members of the general assembly, legislative staff, and their immediate family, based on nonpublic information, and providing penalties.
- Status: failed
- Chamber: Senate
- Introduced: 2025-03-06
- Last action: 2025-03-11, Subcommittee: Rozenboom, Blake, and Schultz.
- Sponsor: Zach Wahls (Democratic)
- Cosponsors: 5
- Subjects: state government
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Zach Wahls (Democratic), Senate
- Cosponsor: Matt Blake (Democratic), Senate
- Cosponsor: Thomas Townsend (Democratic), Senate
- Cosponsor: Sarah Trone Garriott (Democratic), Senate
- Cosponsor: Janice Weiner (Democratic), Senate
- Cosponsor: Mike Zimmer (Democratic), Senate

## Actions (2)

- 2025-03-11: Subcommittee: Rozenboom, Blake, and Schultz. (Senate)
- 2025-03-06: Introduced, referred to State Government. (Senate)

## Bill text

- As Introduced: [PDF](https://www.legis.iowa.gov/docs/publications/LGI/91/SF557.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 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 2399: A bill for an act relating to bail and bond amounts and conditions. (Formerly SSB 3162.) 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/SF557.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 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 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 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)
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Source: PRIA, https://policyrisk.com/state-bill/IA-SF557-2025-2026 (as of 2026-10-18).