Legislation / SF 586

SENATE FILE 586 Passed committee

Third-party litigation funding and including applicability provisions

Sponsor   Senate Judiciary Committee Formerly   SF 54; See SF 2419 Last action   Committee report approving bill, renumbered as SF 2419. S.J. 368. — February 23, 2026 Full text   Iowa Legislature ↗
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Introduced
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Passed subcommittee
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Passed committee
Passed one chamber
Passed both chambers
Signed by Governor

Lobbyist declarations

23 declarations filed on this bill
● 13 For ● 2 Against ● 8 Undecided

Related legislation

Part of a group of 4 related bills
SF 2419 Third-party litigation funding and including applicability provisions
Passed committee
SF 54 Regulating litigation financing contracts.(See SF 586, SF 2419.)
Passed committee
HF 210 Regulating litigation financing contracts
Introduced
Date Chamber Action
Mar 10, 2025 Senate Introduced, placed on calendar. S.J. 463.
Mar 10, 2025 Senate Committee report, approving bill. S.J. 473.
Mar 18, 2025 Senate Referred to Ways and Means. S.J. 553.
Mar 26, 2025 Senate Subcommittee: Rowley, Dotzler, and Sweeney. S.J. 653.
Apr 8, 2025 Senate Subcommittee Meeting: 04/09/2025 8:30AM Room 217 Conference Room.
Apr 9, 2025 Senate Subcommittee recommends amendment and passage.
Jan 14, 2026 Senate Referred to Judiciary. S.J. 69.
Jan 21, 2026 Senate Subcommittee: Bousselot, Blake, and Schultz. S.J. 123.
Feb 3, 2026 Senate Subcommittee Meeting: 02/04/2026 10:30AM Room 315.
Feb 4, 2026 Senate Subcommittee recommends passage.
Feb 23, 2026 Senate Committee report approving bill, renumbered as SF 2419. S.J. 368.
No floor votes on this bill yet.
Client Declaration Last updated
International Legal Finance Association Against Mar 14, 2025
Iowa Academy of Trial Lawyers Against Mar 24, 2025
American Legal Finance Association For Apr 8, 2025
American Property Casualty Insurance Association (APCIA) For Jan 12, 2026
Bayer U.S. LLC For Mar 11, 2025
COPIC For Jan 23, 2026
Iowa Defense Counsel Association For Mar 24, 2025
Iowa Insurance Associates For Jan 22, 2026
Iowa Insurance Institute For Mar 13, 2025
Iowa Medical Society For Mar 11, 2025
Iowa Motor Truck Association For Jan 27, 2026
National Association of Mutual Insurance Companies (NAMIC) For Feb 4, 2026
National Insurance Crime Bureau For Feb 11, 2026
Nationwide Mutual Ins. Co. For Feb 3, 2026
Travelers For Feb 4, 2026
Cedar Rapids Metro Economic Alliance Undecided Mar 12, 2025
Helena Agri-Enterprises, LLC Undecided Mar 11, 2025
Iowa Association for Justice Undecided Apr 9, 2025
Iowa Insurance Division Undecided Feb 3, 2026
Iowa Secretary of State Undecided Apr 9, 2025
Iowa State Bar Association Undecided Apr 8, 2025
Reforging Families Undecided Feb 4, 2026
State Farm Insurance Undecided Mar 11, 2025
Date Time Type Description Location
Apr 9, 2025 8:30 AM Hearing Senate Ways and Means Subcommittee Room 217 Conference Room
Feb 4, 2026 10:30 AM Hearing Senate Judiciary Subcommittee Room 315
Feb 18, 2026 4:00 PM Hearing Senate Judiciary Committee RM 116