A bill for an act relating to the minimum amounts required for motor vehicle financial responsibility, and making penalties applicable.

This bill (SF 2073) increases Iowa's minimum auto insurance requirements for drivers. It raises bodily injury coverage to $50,000 per person (up from $20,000) and $100,000 for multiple people (up from $40,000), while increasing property damage coverage to $25,000 (up from $15,000). These changes align standard driver coverage with existing requirements for transportation network company drivers (e.g., Uber/Lyft). The bill also updates penalties: driving without required insurance becomes a misdemeanor with fines up to $645 if involved in an accident, up from $325.