House File 2468 - Enrolled House File 2468 AN ACT RELATING TO STATUTES OF LIMITATIONS ON ARBITRATION PROCEEDINGS AND INCLUDING APPLICABILITY PROVISIONS. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: Section 1. NEW SECTION . 679A.20 Limitations of arbitration proceedings. If, at the time a demand for arbitration was made or notice of intention to arbitrate was served, the claim sought to be arbitrated would have been barred by limitation of time pursuant to chapter 614 had it been asserted in a court of this state, a party may assert the limitation as a bar to the arbitration on an application to the court. Sec. 2. APPLICABILITY. This Act applies to all arbitration proceedings commenced on or after the effective date of this Act and any arbitration proceeding that is pending on the effective date of this Act where asserting a statute of

House File 2468, p. 2 limitation is not expressly prohibited by the rules governing the arbitration proceeding. ______________________________ PAT GRASSLEY Speaker of the House ______________________________ JAKE CHAPMAN President of the Senate I hereby certify that this bill originated in the House and is known as House File 2468, Eighty-ninth General Assembly. ______________________________ MEGHAN NELSON Chief Clerk of the House Approved _______________, 2022 ______________________________ KIM REYNOLDS Governor