Iowa 2025-2026 Regular Session

Iowa House Bill HSB109

Introduced

1/30/25

Refer

1/30/25

Caption

A bill for an act providing fees for the filing of a biennial report by business entities with the secretary of state.(See HF 759, HF 997.)

Impact

The introduction of filing fees for biennial reports is set to impact the way businesses in Iowa operate in relation to compliance and reporting obligations. By allowing the Secretary of State to determine the filing fees, the bill aims to align these costs more closely with the administrative responsibilities involved in processing the reports. Supporters may argue that this approach yields a more sustainable revenue stream for the state while ensuring that businesses remain accountable for their reporting duties.

Summary

House Study Bill 109 proposes a legislative framework that introduces a fee structure for the filing of biennial reports by business entities with the Iowa Secretary of State. The bill outlines amendments to existing state law, specifically addressing the fees associated with the biennial reports that need to be submitted by both domestic and foreign business entities. This move seeks to streamline the reporting process while ensuring that the Secretary of State has the authority to set the specific fee amounts, which offers some flexibility going forward.

Contention

There are potential points of contention regarding the bill, principally around the implications of the fees imposed. Opponents might express concerns that introducing such fees could disproportionately affect smaller businesses or startups, which may already face financial burdens. Critics may argue that imposing these fees could hinder business growth and create additional barriers to entry for new enterprises in Iowa. The ongoing debates around the adequacy of support for local businesses in this context could lead to discussions about equity and access within the regulatory landscape.

Latest IA HSB109 Activity

View All Events: IA 2025-2026 Regular Session HSB109

Companion Bills

IA HF759

Replaced by A bill for an act providing fees for the filing of a biennial report by business entities with the secretary of state.(Formerly HSB 109; See HF 997.)

IA HF997

Replaced by A bill for an act providing fees for the filing of a biennial report by business entities with the secretary of state.(Formerly HF 759, HSB 109.)

Previously Filed As

IA HSB632

A bill for an act providing for certain business entities by establishing a military service filing fee waiver, and including effective date provisions.(See HF 2446.)

IA SF425

A bill for an act relating to utilization of filing services offered by the secretary of state.(Formerly SSB 1042.)

IA HF2446

A bill for an act providing for certain business entities by establishing a military service filing fee waiver, and including effective date provisions.(Formerly HSB 632.)

IA HSB659

A bill for an act providing for limited liability companies, providing for fees, and including effective date provisions.(See HF 2582, HF 2647.)

IA HF2582

A bill for an act providing for limited liability companies, providing for fees, and including effective date provisions.(Formerly HSB 659; See HF 2647.)

IA HF2647

A bill for an act providing for limited liability companies, providing for fees, and including effective date provisions. (Formerly HF 2582, HSB 659.) Effective date: 05/01/2024.

IA HSB207

A bill for an act providing for business organizations, including limited liability companies, providing penalties, and including effective date provisions.(See HF 655.)

IA SSB3147

A bill for an act providing for limited liability companies, providing for fees, and including effective date provisions.(See SF 2347.)

IA HSB663

A bill for an act relating to interests in agricultural land acquired or held by foreign businesses, foreign governments, or nonresident aliens, or by agents, trustees, or fiduciaries thereof, by providing for registration and reporting requirements, providing for enforcement, and providing penalties.(See HF 2483.)

IA SF2347

A bill for an act providing for limited liability companies, providing for fees, and including effective date provisions.(Formerly SSB 3147.)