---
type: "Bill"
title: "A bill for an act providing for an assignment of assets for the benefit of creditors, exempting the related tax on the transfer of real estate, and including effective date provisions."
description: "A bill for an act providing for an assignment of assets for the benefit of creditors, exempting the related tax on the transfer of real estate, and including effective date provisions."
jurisdiction: "us/states/ia"
legislature: "Iowa General Assembly"
session: "2025-2026"
identifier: "SF 2497"
citation: "Iowa SF 2497 (2025-2026)"
classification: ["bill"]
subjects: ["assignment for benefit of creditors", "assignments", "business entities", "commercial law", "creditors", "liens", "real estate transfer taxes", "real property", "security interests", "tax exemptions", "taxation", "titles (property)"]
status: "enacted"
primary_sponsors: []
version_count: 6
action_count: 21
vote_count: 2
first_action: "2026-04-15"
last_action: "2026-06-02"
source: "openstates"
source_identifier: "ocd-bill/315e546a-f419-46f8-b541-52e0989abb38"
source_url: "https://www.legis.iowa.gov/legislation/billTracking/billHistory?billName=SF 2497&ga=91"
source_hash: "bc96df88805ad862ecc41b45de80027fcd29255025ad69e7a676dc083cc67bf5"
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 2497 (2025-2026) — A bill for an act providing for an assignment of assets for the benefit of creditors, exempting the related tax on the transfer of real estate, and including effective date provisions.

## 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/91/attachments/SF2497.html)
2. **Amendment H-8473** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/91/H8473.pdf)
3. **Amendment S-5257** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/91/S5257.pdf)
4. **Enrolled with Governor's Action** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGEG/91/attachments/SF2497.html)
5. **Signed Enrolled Bill (PDF)** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGE/91/Attachments/SF2497_GovLetter.pdf)
6. **Enrolled** (enrolled) — [source](https://www.legis.iowa.gov/docs/publications/LGE/91/attachments/SF2497.html)

## Votes

- Shall the bill pass? — **45–0** (pass) · upper
- Shall the bill pass? — **44–0** (pass) · upper

## Sponsors

- COMMITTEE ON WAYS AND MEANS — primary (organization)

## Timeline

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

- **2026-04-15** Introduced, placed on Ways and Means calendar. `introduction`
- **2026-04-15** Committee report, approving bill. `committee-passage`
- **2026-04-20** Passed Senate, yeas 44, nays 0. `passage`
- **2026-04-20** Immediate message.
- **2026-04-20** Message from Senate.
- **2026-04-21** Read first time, referred to Ways and Means. `reading-1`
- **2026-05-01** Subcommittee: Gustoff, Jacoby and Jones.
- **2026-05-01** Committee report, recommending passage. `committee-passage`
- **2026-05-01** Committee vote: Yeas, 24. Nays, 0. Excused, 1.
- **2026-05-01** Placed on Ways and Means calendar.
- **2026-05-02** Amendment H-8473 filed, adopted. `amendment-introduction, amendment-passage`
- **2026-05-02** Passed House, yeas 86, nays 0. `passage`
- **2026-05-02** Explanation of vote.
- **2026-05-02** Immediate message.
- **2026-05-02** Message from House, with amendment S-5257.
- **2026-05-03** Senate concurred with S-5257.
- **2026-05-03** Passed Senate, yeas 45, nays 0. `passage`
- **2026-05-03** Immediate message.
- **2026-05-02** Message from Senate.
- **2026-05-18** Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
- **2026-06-02** 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/315e546a-f419-46f8-b541-52e0989abb38`. Confidence: reported (aggregated from official Iowa legislature records).