---
type: "Bill"
title: "A bill for an act relating to banks, making appropriations, and making civil penalties applicable. (Formerly SF 566, SSB 1236.) Effective date: 07/01/2022."
description: "A bill for an act relating to banks, making appropriations, and making civil penalties applicable. (Formerly SF 566, SSB 1236.) Effective date: 07/01/2022."
jurisdiction: "us/states/ia"
legislature: "Iowa General Assembly"
session: "2021-2022"
identifier: "SF 586"
citation: "Iowa SF 586 (2021-2022)"
classification: ["bill"]
subjects: ["appropriations", "banks", "commercial law", "financial institutions"]
status: "enacted"
primary_sponsors: []
version_count: 6
action_count: 30
vote_count: 3
first_action: "2021-03-25"
last_action: "2022-05-12"
source: "openstates"
source_identifier: "ocd-bill/b7cc3ef0-f258-4583-9dff-68d346f51198"
source_url: "https://www.legis.iowa.gov/legislation/billTracking/billHistory?billName=SF 586&ga=89"
source_hash: "403a520928756975520c33d3aebed0e8fa29a4e81322eec41f92f51317b3c893"
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 586 (2021-2022) — A bill for an act relating to banks, making appropriations, and making civil penalties applicable. (Formerly SF 566, SSB 1236.) Effective date: 07/01/2022.

## 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/SF586.html)
2. **Amendment H-8001** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/89/H8001.pdf)
3. **Amendment H-8270** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/89/H8270.pdf)
4. **Amendment S-5104** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/89/S5104.pdf)
5. **Signed Enrolled Bill (PDF)** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGE/89/Attachments/SF586_GovLetter.pdf)
6. **Enrolled** (enrolled) — [source](https://www.legis.iowa.gov/docs/publications/LGE/89/attachments/SF586.html)

## Votes

- Shall the bill pass? — **45–0** (pass) · upper
- Shall the bill pass? — **96–0** (pass) · lower
- Shall the bill pass? — **48–0** (pass) · upper

## Timeline

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

- **2021-03-25** Introduced, placed on Appropriations calendar. `introduction`
- **2021-03-25** Committee report, approving bill.
- **2021-04-13** Passed Senate, yeas 45, nays 0. `passage`
- **2021-04-13** Immediate message.
- **2021-04-13** Message from Senate.
- **2021-04-21** Read first time, referred to Commerce. `reading-1`
- **2022-01-11** Subcommittee: Mohr, G., Bousselot and Nielsen.
- **2022-01-19** Subcommittee Meeting: 01/24/2022 12:00PM House Lounge 2.
- **2022-01-24** Subcommittee recommends amendment and passage.
- **2022-01-24** Committee report, recommending amendment and passage. `committee-passage`
- **2022-01-25** Committee amendment H-8001 filed
- **2022-01-25** Pursuant to Rule 31.7, referred to Appropriations.
- **2022-02-01** Subcommittee: Mohr, G., Deyoe and Hall.
- **2022-02-21** Subcommittee Meeting: 02/22/2022 5:00PM House Lounge.
- **2022-02-22** Subcommittee Meeting: 02/22/2022 4:30PM House Lounge.
- **2022-02-22** Subcommittee recommends amendment and passage.
- **2022-03-01** Committee report, recommending passage. `committee-passage`
- **2022-03-01** Placed on Appropriations calendar.
- **2022-03-28** Amendment H-8270 filed. `amendment-introduction`
- **2022-03-29** Amendment H-8001 adopted. `amendment-passage`
- **2022-03-29** Amendment H-8270 adopted. `amendment-passage`
- **2022-03-29** Passed House, yeas 96, nays 0. `passage`
- **2022-03-29** Immediate message.
- **2022-03-30** Message from House, with amendment S-5104.
- **2022-04-05** Senate concurred with S-5104.
- **2022-04-05** Passed Senate, yeas 48, nays 0. `passage`
- **2022-04-05** Immediate message.
- **2022-04-05** Message from Senate.
- **2022-05-12** Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
- **2022-05-12** 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/b7cc3ef0-f258-4583-9dff-68d346f51198`. Confidence: reported (aggregated from official Iowa legislature records).