House File 2421 - EnrolledAn Actrelating to firearms by limiting civil liability of
federal firearms licensees who enter into voluntary firearm
hold agreements with individuals.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
   Section 1.  Section 683.1, Code 2024, is amended by adding
the following new subsections:
   NEW SUBSECTION.  1A.  “Federal firearms licensee” means any
person engaged in the business of importing, manufacturing, or
dealing in firearms as defined by the federal National Firearms
Act, 26 U.S.C. §5841, and who currently holds a valid license
according to provisions of the federal Gun Control Act of 1968,
18 U.S.C. §921.
   NEW SUBSECTION.  1B.  “Firearm hold agreement” means a
private transaction between a federal firearms licensee and an
individual owner where the licensee takes possession of the
owner’s lawfully possessed firearm at the owner’s request,
holds the firearm for an agreed period of time, and returns the
firearm according to the terms of the transaction.
   Sec. 2.  NEW SECTION.  683.4  Firearm hold agreements —
liability.
   1.  A person shall not have a cause of action against a
federal firearms licensee operating lawfully in the state for
any act or omission arising from or subsequent to a firearm
hold agreement and resulting in personal injury or death of
any natural person, including the return of a firearm to the
individual firearm owner by a federal firearms licensee at the
termination of a firearm hold agreement.
   2.  Subsection 1 shall not apply to any action arising from
a firearm hold agreement if such action was the result of
otherwise unlawful conduct on the part of the federal firearms
licensee.
______________________________
PAT GRASSLEYSpeaker of the House
______________________________
AMY SINCLAIRPresident of the Senate
   I hereby certify that this bill originated in the House and is known as House File 2421, Ninetieth General Assembly.______________________________
MEGHAN NELSONChief Clerk of the House
Approved _______________, 2024______________________________
KIM REYNOLDSGovernor
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