A bill for an act relating to bonds for construction contractors.

This bill requires most construction contractors (defined as those earning at least $2,000 annually) to provide a $50,000 surety bond to the Department of Inspections, Appeals, and Licensing, unless they are prequalified to bid on state transportation projects. It prohibits counties, cities, townships, or school districts from demanding additional bonds beyond what Iowa Code specifies. The key change increases the required bond amount from $25,000 to $50,000 for out-of-state contractors and clarifies that local entities cannot impose extra bond requirements. This directly affects contractors working on public projects across Iowa, particularly those operating outside the state.