SSB 3194 (LSB 6959XC (2) 91)

SENATE FILE _____ 

BY  (PROPOSED COMMITTEE ON APPROPRIATIONS BILL BY CHAIRPERSON KRAAYENBRINK)

A BILL FOR

An Act related to the periods of time to bring civil actions for injuries that result from sex offenses against minors for the purpose of filing claims against the bankruptcy estate of a congressionally chartered organization.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  2024 Iowa Acts, chapter 1089, section 3, is amended to read as follows:
   SEC. 3.  FUTURE REPEAL.  This Act is repealed December 31, 2026 upon the conclusion of the bankruptcy proceeding described in section 2 of this Act, including all appeals thereto.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   2024 Iowa Acts, chapter 1089, establishes a limited exception to the statute of limitations for civil actions arising from injuries resulting from sex offenses against children. The exception applies only to actions brought for the purpose of making a claim against the bankruptcy estate of a congressionally chartered organization in a bankruptcy proceeding initiated on February 18, 2020. Under current law, 2024 Iowa Acts, chapter 1089, is repealed on December 31, 2026.
   This bill modifies the repeal provision to provide that 2024 Iowa Acts, chapter 1089, is repealed upon the conclusion of the bankruptcy proceeding described in the 2024 Act, including any appeals thereto.