Iowa 2023-2024 Regular Session

Iowa House Bill HSB597

Introduced
1/23/24  
Introduced
1/23/24  

Caption

A bill for an act relating to bonds and insurance policies for public officers.(See HF 2398.)

Impact

The implications of HSB597 are twofold. Firstly, it provides public officials with more flexibility in how they secure their official duties, potentially making it easier for them to fulfill bond requirements without the administrative complexities of traditional bonds. However, it also maintains the necessary legal structure by ensuring that any alternative insurance policy must meet specific criteria, thereby preserving the intent behind having bonds in place.

Summary

House Study Bill 597 (HSB597) introduces significant changes to the requirements regarding bonds for public officers in Iowa. Specifically, the bill allows public officers who are required to obtain a bond to instead opt for an insurance policy. This policy must provide coverage equal to or greater than the amounts specified for traditional bonds and must comply with existing bond regulations. Furthermore, if a county or township usually bears the cost of such a bond, it will also be responsible for the expenses associated with the insurance policy, ensuring that the financial burden does not shift onto individual officers.

Contention

One notable aspect of the bill is its provisions regarding the removal of officers. HSB597 outlines new procedures for suspending an official who fails to provide a required bond or insurance policy. Officers can be suspended until they meet the bonding requirement, and if they do not comply within a reasonable timeframe, they may face removal from office. This creates a more structured approach to enforcing bonding requirements, which some may view as increasing accountability for public officials.

Conclusions

Overall, HSB597 represents a modernization of the approach to bonding for public officers in Iowa. While it introduces flexibility through the option of insurance, it also strengthens accountability with the clear procedures regarding the suspension and removal of non-compliant officials. Stakeholders, including local governments and public officers, may have varied responses to these changes, but the bill aligns with efforts to streamline administrative processes while upholding public trust.

Companion Bills

IA SF2121

Replaced by A bill for an act relating to bonds and insurance policies for public officers.

IA HF2398

Replaced by A bill for an act relating to bonds and insurance policies for public officers. (Formerly HSB 597.) Effective date: 07/01/2024.

Previously Filed As

IA SF2121

A bill for an act relating to bonds and insurance policies for public officers.

IA HF2398

A bill for an act relating to bonds and insurance policies for public officers. (Formerly HSB 597.) Effective date: 07/01/2024.

IA HF578

A bill for an act relating to the office of the consumer advocate.(Formerly HF 239.)

IA SSB1151

A bill for an act relating to bonds for construction contractors.(See SF 576.)

IA SF480

A bill for an act relating to the publication of certain public notices by designated public entities, providing for fees, and including effective date provisions.(Formerly SSB 1190; See SF 546.)

IA HB1012

State Officers and Employees – Required Surety Bonds – Insurance Policies Authorized

IA SB775

State Officers and Employees - Required Surety Bonds - Insurance Policies Authorized

IA HSB124

A bill for an act relating to the creation of land redevelopment trusts.(See HF 665.)

IA SSB1190

A bill for an act relating to the publication of certain public notices by designated public entities, providing for fees, and including effective date provisions.(See SF 480, SF 546.)

IA HSB159

A bill for an act relating to nonsubstantive Code corrections, and including effective date and retroactive applicability provisions.(See HF 567.)

Similar Bills

No similar bills found.