---
type: "Bill"
title: "A bill for an act relating to closing costs for a debt secured by an interest in land."
description: "A bill for an act relating to closing costs for a debt secured by an interest in land."
jurisdiction: "us/states/ia"
legislature: "Iowa General Assembly"
session: "2025-2026"
identifier: "SF 398"
citation: "Iowa SF 398 (2025-2026)"
classification: ["bill"]
subjects: ["consumer loans", "creditors", "debts", "fees", "financial institutions", "interest", "loans", "mortgage bankers", "mortgages", "real property"]
status: "enacted"
primary_sponsors: []
version_count: 7
action_count: 22
vote_count: 3
first_action: "2025-02-20"
last_action: "2025-05-06"
source: "openstates"
source_identifier: "ocd-bill/126599de-33b1-4cb7-bedd-678031228717"
source_url: "https://www.legis.iowa.gov/legislation/billTracking/billHistory?billName=SF 398&ga=91"
source_hash: "f5a61287bb19095b10852aaf926d0fce0d34cacdf4c3d2b14a1fee4508da2c1c"
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 398 (2025-2026) — A bill for an act relating to closing costs for a debt secured by an interest in land.

## 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/SF398.html)
2. **Amendment H-1226** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/91/H1226.pdf)
3. **Amendment H-1240** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/91/H1240.pdf)
4. **Amendment S-3112** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/91/S3112.pdf)
5. **Enrolled with Governor's Action** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGEG/91/attachments/SF398.html)
6. **Signed Enrolled Bill (PDF)** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGE/91/Attachments/SF398_GovLetter.pdf)
7. **Enrolled** (enrolled) — [source](https://www.legis.iowa.gov/docs/publications/LGE/91/attachments/SF398.html)

## Votes

- Shall the bill pass? — **49–0** (pass) · upper
- Shall the bill pass? — **47–0** (pass) · upper
- Shall the bill pass? — **93–0** (pass) · lower

## Sponsors

- COMMITTEE ON COMMERCE — primary (organization)

## Timeline

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

- **2025-02-20** Introduced, placed on calendar. `introduction`
- **2025-02-20** Committee report, approving bill. `committee-passage`
- **2025-03-26** Passed Senate, yeas 47, nays 0. `passage`
- **2025-03-26** Immediate message.
- **2025-03-26** Message from Senate.
- **2025-03-26** Read first time, passed on file. `reading-1`
- **2025-04-03** Placed on calendar under unfinished business.
- **2025-04-14** Amendment H-1226 filed. `amendment-introduction`
- **2025-04-16** Amendment H-1240 filed. `amendment-introduction`
- **2025-04-17** Substituted for HF 512.
- **2025-04-17** Amendment H-1226 withdrawn.
- **2025-04-17** Amendment H-1240 adopted. `amendment-passage`
- **2025-04-17** Passed House, yeas 93, nays 0. `passage`
- **2025-04-24** Explanation of vote.
- **2025-04-17** Immediate message.
- **2025-04-21** Message from House, with amendment S-3112.
- **2025-04-28** Senate concurred with S-3112.
- **2025-04-28** Passed Senate, yeas 49, nays 0. `passage`
- **2025-04-28** Immediate message.
- **2025-04-29** Message from Senate.
- **2025-05-06** Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
- **2025-05-06** 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/126599de-33b1-4cb7-bedd-678031228717`. Confidence: reported (aggregated from official Iowa legislature records).