---
type: "Bill"
title: "A bill for an act relating to the creation, administration, and termination of custodial trusts. (Formerly SSB 1016.) Effective date: 07/01/2021."
description: "A bill for an act relating to the creation, administration, and termination of custodial trusts. (Formerly SSB 1016.) Effective date: 07/01/2021."
jurisdiction: "us/states/ia"
legislature: "Iowa General Assembly"
session: "2021-2022"
identifier: "SF 240"
citation: "Iowa SF 240 (2021-2022)"
classification: ["bill"]
subjects: ["probate code", "trusts and trustees"]
status: "enacted"
primary_sponsors: []
version_count: 6
action_count: 15
vote_count: 2
first_action: "2021-02-03"
last_action: "2021-03-08"
source: "openstates"
source_identifier: "ocd-bill/be081045-8f6c-4648-8df5-9e2ce6cefdee"
source_url: "https://www.legis.iowa.gov/legislation/billTracking/billHistory?billName=SF 240&ga=89"
source_hash: "9c4c3d0452f9eaf4c2c56ec5a8ae1cf2a510dc72db9b03698390626e4e188d39"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ia"]
---

# Iowa SF 240 (2021-2022) — A bill for an act relating to the creation, administration, and termination of custodial trusts. (Formerly SSB 1016.) Effective date: 07/01/2021.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://www.legis.iowa.gov/docs/publications/LGI/89/attachments/SF240.html)
2. **Amendment S-3017** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/89/S3017.pdf)
3. **Reprinted** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGR/89/attachments/SF240.html)
4. **Reprinted Marked Up** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGRM/89/attachments/SF240.html)
5. **Signed Enrolled Bill (PDF)** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGE/89/Attachments/SF240_GovLetter.pdf)
6. **Enrolled** (enrolled) — [source](https://www.legis.iowa.gov/docs/publications/LGE/89/attachments/SF240.html)

## Votes

- Shall the bill pass? — **94–0** (pass) · lower
- Shall the bill pass? — **48–0** (pass) · upper

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-02-03** Introduced, placed on calendar. `introduction`
- **2021-02-03** Committee report, approving bill.
- **2021-02-09** Amendment S-3017 filed, adopted. `amendment-introduction, amendment-passage`
- **2021-02-09** Passed Senate, yeas 48, nays 0. `passage`
- **2021-02-09** Immediate message.
- **2021-02-09** Message from Senate.
- **2021-02-09** Read first time, passed on file. `reading-1`
- **2021-02-10** Substituted for HF 295.
- **2021-02-10** Passed House, yeas 94, nays none. `passage`
- **2021-02-11** Explanation of vote.
- **2021-02-10** Immediate message.
- **2021-02-11** Message from House.
- **2021-02-15** Secretary's report on correction in enrollment.
- **2021-03-08** Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
- **2021-03-08** Signed by Governor. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/be081045-8f6c-4648-8df5-9e2ce6cefdee`. Confidence: reported (aggregated from official Iowa legislature records).