A bill for an act relating to insurance requirements for the granting of a hazardous liquid pipeline permit.

HF 240 requires pipeline applicants in Iowa to provide proof of sufficient insurance or surety before a hazardous liquid pipeline permit is granted. This insurance must cover damages from pipeline discharges (both negligent and intentional), property damage from construction or leaks, and increased insurance costs or inability to obtain insurance for nearby residents. Pipeline companies must either purchase insurance for affected residents or reimburse them for higher premiums caused by the pipeline's presence. The bill was recommended for passage by committees but was withdrawn on March 31, 2025.