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state_legiscan_drain · IA

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. (Formerly SF 2213.) Effective date: 01/01/2027.

April 15, 2026

Summary

If enacted, this bill would allow debtors to assign assets for the benefit of creditors and exempt the transfer of real estate from related taxes. It affects creditors, assignees, and real estate transactions, broadly impacting banks, servicers, and other creditors operating in Iowa.

Source: https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=SF2497

Common questions

What does "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. (Formerly SF 2213.) Effective date: 01/01/2027." cover?
If enacted, this bill would allow debtors to assign assets for the benefit of creditors and exempt the transfer of real estate from related taxes. It…
When was it published?
It was published on April 15, 2026.

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