Iowa 2023-2024 Regular Session

Iowa House Bill HF2536

Introduced
2/15/24  

Caption

A bill for an act relating to the duties of the Iowa finance authority.(Formerly HSB 661.)

Impact

If enacted, HF2536 would amend existing regulations governing the authority’s selection criteria for awarding financial assistance. It introduces a mechanism for immediate disqualification of individuals or vendors who have compromised public safety or failed to maintain integrity in transactions. This move is aimed at tightening the authority's oversight and ensuring that only responsible entities engage in financial dealings that support public welfare goals, such as those related to low-income housing and water quality improvements.

Summary

House File 2536 is a legislative proposal concerning the operational duties of the Iowa Finance Authority. The bill outlines specific circumstances under which the authority can prohibit individuals or entities from receiving financial assistance or being selected as vendors to provide goods or services. These circumstances hinge on concerns regarding public health, safety, and integrity, particularly in cases involving dishonesty or violations of agreements that affect the authority's operations.

Contention

The legislative discussions surrounding HF2536 may include debates regarding the balance of accountability versus accessibility in public assistance programs. Advocates argue that stricter prohibitive measures are necessary for safeguarding public resources and ensuring that financial assistance contributes positively to community welfare. Critics, however, may raise concerns that these measures could inadvertently restrict access to funding for legitimate providers who may have minor infractions or past issues, thus impacting project development and public services in their regions.

Companion Bills

IA SSB3118

Related A bill for an act relating to the duties of the Iowa finance authority.(See SF 2387.)

IA HSB661

Related A bill for an act relating to the duties of the Iowa finance authority.(See HF 2536.)

IA SF2387

Similar To A bill for an act relating to the duties of the Iowa finance authority. (Formerly SSB 3118.) Effective date: 07/01/2024.

Previously Filed As

IA HF260

A bill for an act relating to the Iowa lottery. (Formerly HSB 69.) Effective date: 07/01/2025.

IA SF306

A bill for an act relating to the Iowa lottery.(Formerly SSB 1035.)

IA HF2541

A bill for an act relating to local laws implementing the Iowa civil rights Act of 1965.(Formerly HSB 664.)

IA HF2590

A bill for an act relating to the Iowa communications network, and including effective date provisions.(Formerly HSB 709.)

IA HF2772

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program. (Formerly HSB 773.) Effective date: 07/01/2026

IA SF2485

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions.(Formerly SSB 3188.)

IA HF2570

A bill for an act relating to the authority of an attorney in fact under a durable power of attorney for health care.(Formerly HSB 161.)

IA HF1040

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and eliminating the repeal of the housing renewal pilot program.(Formerly HSB 336.)

IA HF544

A bill for an act relating to matters before the Iowa ethics and campaign disclosure board, including campaign finance filings and attribution statements.(Formerly HSB 110.)

IA SF2385

A bill for an act relating to the Iowa communications network, and including effective date provisions.(Formerly SSB 3149.)

Similar Bills

No similar bills found.