IA
Iowa House Bill HF1012

Iowa 2025-2026 Regular Session

Iowa House Bill HF1012

Caption

A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(Formerly HF 982, HF 957, HSB 246.)

Impact

The bill positively modifies current laws, enhancing the state’s capacity to respond to disasters by expanding access to financial assistance for homeowners and renters affected by natural disasters. A significant change includes the non-requirement for applicants for financial assistance to register with the advocacy program beforehand, which the previous law mandated. By simplifying the access process to financial assistance, it is expected that more individuals can recover faster from disaster-related damages. The appropriations included in the bill also provide substantial funding for this initiative, designating $11.6 million specifically for the disaster recovery housing assistance program for FY 2024-2025.

Summary

House File 1012 addresses the establishment of a natural hazard mitigation financing program, disaster recovery housing assistance, and a new housing program aimed at aiding victims of natural disasters. This bill proposes the creation of a natural hazard mitigation revolving loan fund to provide loans for financing disaster recovery projects. The Iowa Finance Authority (IFA) is tasked with managing these funds and ensuring they are used effectively to assist eligible projects and entities. The intention is to facilitate timely recovery from disasters, ultimately contributing to community resilience in the face of future emergencies.

Contention

Despite strong support for the provisions aimed at disaster recovery, some concerns may arise regarding the oversight and administration of the funds dispersed by the IFA. Stakeholders might question the adequacy of the proposed administrative costs cap of 5% on fund usage, which could limit the program's effectiveness if management is overstretched. Additionally, there may be scrutiny over the terms under which financial assistance is dispensed, concerning equity and accessibility for all affected individuals and families planning to utilize these funds, as it is critical that aid reaches the most vulnerable populations promptly.

Latest IA HF1012 Activity

View All Events: IA 2025-2026 Regular Session HF1012

Companion Bills

IA SF591

Similar To A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(Formerly SSB 1188; See SF 619.)

IA HF957

Similar To A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(Formerly HSB 246; See HF 982, HF 1012.)

IA HF982

Similar To A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(Formerly HF 957, HSB 246; See HF 1012.)

IA SF619

Similar To A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and applicability provisions. (Formerly SF 591, SSB 1188.) Effective date: 04/22/2025, 07/01/2025. Applicability date: Conditional, 01/01/2024.

IA HSB246

Related A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(See HF 957, HF 982, HF 1012.)

IA SSB1188

Related A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(See SF 591, SF 619.)

Previously Filed As

IA HF2510

A bill for an act relating to agriculture, by providing for the administration of programs and regulations, making appropriations, and including effective date provisions.(Formerly HSB 560; See HF 2641.)

IA HF2167

A bill for an act relating to disaster aid including the disaster aid individual assistance grant fund and program and the disaster case advocacy grant fund and program. (Formerly HSB 549.) Effective date: 07/01/2024.

IA HF2614

A bill for an act relating to the conservation and improvement of soil and water resources, including by providing for the administration of associated programs and regulations, making appropriations, and including effective date provisions.(Formerly HSB 674; See HF 2642.)

IA HSB549

A bill for an act relating to disaster aid including the disaster aid individual assistance grant fund and program and the disaster case advocacy grant fund and program.(See HF 2167.)

IA HF2642

A bill for an act relating to the conservation and improvement of soil and water resources, including by providing for the administration of associated programs and regulations, making appropriations, and including effective date provisions.(Formerly HF 2614, HSB 674.)

IA HF2267

A bill for an act relating to the more options for maternal support program, and including effective date and retroactive applicability provisions.(Formerly HF 2057.)

IA HSB601

A bill for an act relating to money transmission services, providing penalties, and including effective date and retroactive applicability provisions.(See HF 2262.)

IA HF2262

A bill for an act relating to money transmission services, providing penalties, and including effective date and retroactive applicability provisions. (Formerly HSB 601.) Effective date: 04/10/2024. Applicability date: 07/01/2023.

IA HF2641

A bill for an act relating to agriculture, by providing for the administration of programs and regulations, making appropriations, providing penalties, and including effective date provisions. (Formerly HF 2510, HSB 560.) Effective date: Enactment, 05/17/2024, 07/01/2024, 12/31/2024.

IA HF2057

A bill for an act relating to the more options for maternal support program, and including effective date and retroactive applicability provisions.(See HF 2267.)

Similar Bills

IA SF619

A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and applicability provisions. (Formerly SF 591, SSB 1188.) Effective date: 04/22/2025, 07/01/2025. Applicability date: Conditional, 01/01/2024.

IA SF591

A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(Formerly SSB 1188; See SF 619.)

IA HF957

A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(Formerly HSB 246; See HF 982, HF 1012.)

IA HF982

A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(Formerly HF 957, HSB 246; See HF 1012.)

IA HSB246

A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(See HF 957, HF 982, HF 1012.)

IA SSB1188

A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.(See SF 591, SF 619.)

MS SB2248

Fresh Start Act; revise.

MS HB362

Fresh Start Act; revise certain provisions of.