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