House File 453 - Introduced HOUSE FILE 453 BY COMMITTEE ON JUDICIARY (SUCCESSOR TO HSB 30) A BILL FOR An Act prohibiting the imposition of certain requirements on 1 nonprofit corporations by state agencies or state officials. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1732HV (2) 89 je/rn
H.F. 453 Section 1. NEW SECTION . 504.103 Limitation on requirements 1 imposed on corporations. 2 1. A state agency or state official shall not impose any 3 requirement on a corporation, as defined in section 504.141, 4 that is more stringent, restrictive, or expansive than 5 requirements in Iowa or federal law. Any requirement imposed 6 on a corporation contrary to this section is void. 7 2. This section does not apply to any of the following: 8 a. University foundations. 9 b. General administrative requirements regarding 10 facilitation of basic communications between a state agency or 11 official and a corporation. 12 EXPLANATION 13 The inclusion of this explanation does not constitute agreement with 14 the explanation’s substance by the members of the general assembly. 15 This bill prohibits a state agency or state official from 16 imposing any requirement on a nonprofit corporation that is 17 more stringent, restrictive, or expansive than requirements in 18 Iowa or federal law. Any contrary requirement imposed on a 19 nonprofit corporation is void. 20 The bill does not apply to university foundations or general 21 administrative requirements regarding facilitation of basic 22 communications between a state agency or official and a 23 corporation. 24 -1- LSB 1732HV (2) 89 je/rn 1/ 1