A bill for an act relating to record access by members of cooperative associations providing utility service.
This bill requires utility cooperatives in Iowa to provide members with specific financial records upon request. It directly affects members of nonprofit and standard utility cooperatives (like electric or water co-ops owned by their customers), mandating that they receive the association's most recent biennial report, budget, and balance sheet. Cooperatives must deliver these documents within 30 days of a reasonable member request. The bill does not change utility rates or services but ensures transparency in how cooperatives manage member-owned finances.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2025
Last action Mar 10, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
4
Committee
4
Mar 10, 2025
Upper · Passed
Committee report approving bill, renumbered as SF 578.
upper
Feb 13, 2025
Legislature · Passed
Subcommittee recommends amendment and passage.
legislature
Feb 11, 2025
Legislature · Passed
Subcommittee Meeting: 02/13/2025 10:00AM Senate Lounge.
legislature
Feb 5, 2025
Upper · Passed
Subcommittee: Dickey, Sweeney, and Wahls.
upper
Jan 30, 2025
Introduced
Introduced, referred to Commerce.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Adrian Dickey
RRepublican
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