A bill for an act providing for the conversion of partnerships into other forms of domestic or foreign organizations, and providing for fees.

This bill allows existing partnerships in Iowa to legally transform into other business structures, such as limited liability companies or corporations, without needing to dissolve and re-form the entity. The process requires unanimous partner approval and ensures the new organization type permits such a conversion under its own rules. While the text outlines definitions and initial requirements, the bill was ultimately withdrawn from consideration on April 27, 2026, and did not become law.