IowaIowa bank boards meet quarterly and may use remote meetings
Iowa law requires state bank boards to meet each quarter, allows remote participation under stated conditions, and lets the superintendent set rules for electronic activities.
What it does
State bank boards hold at least one regular meeting in every calendar quarter.
Directors may join board meetings remotely if they can all hear one another at the same time. The bank's articles or bylaws may set a different rule.
The superintendent may set rules for banks' electronic activities, including application steps and technology requirements. Rules may also allow additional activities without prior approval.
Argument forRemote participation may help directors take part in board meetings when they cannot be in the same place.
Argument againstBanks could face added work if the superintendent sets application steps or technology requirements for certain electronic activities.
More detail
State bank boards hold at least one regular meeting in each calendar quarter. This applies to the board of directors of a state bank. The minimum applies in each calendar year.
Directors may take part in board meetings using communication that lets all participating directors hear one another at the same time. This applies to directors of a state bank. The bank's articles of incorporation or bylaws may provide a different rule.
The superintendent may adopt rules for state banks' electronic activities. This concerns electronic activities of state banks. Rules may cover applications and the systems, processes, and technology banks must maintain for certain new or innovative activities. Rules may identify additional activities that banks can conduct without prior approval.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 30Signed by Governor Kim Reynolds.Became Law
- Apr 30Reported correctly enrolled, signed by President and Speaker, and sent to Governor.To Governor
- Mar 10Message from Senate.
- Vote recorded Shall the bill pass? Result: pass.Upper
- Mar 10Immediate message.
- Mar 10Passed Senate, yeas 46, nays 0.Major
- Mar 10Senate concurred with S-5052.
- Mar 3Message from House, with amendment S-5052.
- Mar 2Immediate message.
- Vote recorded Shall the bill pass? Result: pass.Lower
- Mar 2Passed House, yeas 90, nays 0.Passed 2nd Chamber
- Mar 2Committee amendment H-8001 adopted.Major
- Jan 26Placed on calendar.
- Jan 26Committee amendment H-8001 filed.Minor
- Jan 21Committee vote: Yeas, 22. Nays, 0. Excused, 1.
- Jan 21Committee report, recommending amendment and passage.Minor
- Jan 14Subcommittee recommends amendment and passage.
- Jan 12Subcommittee Meeting: 01/14/2026 12:00PM House Lounge.
- Jan 12Subcommittee: Determann, Blom and Srinivas.
- 2025
- Apr 3Rereferred to Commerce.
- Mar 11Read first time, passed on file.Minor
- Mar 10Message from Senate.
- Vote recorded Shall the bill pass? Result: pass.Upper
- Mar 10Immediate message.
- Mar 10Passed Senate, yeas 47, nays 0.Passed 1st Chamber
- Feb 24Committee report, approving bill.Minor
- Feb 24Introduced, placed on calendar.Introduced
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