Iowa HF2032: A BILL FOR An Act establishing procedures for system enhancement of infrastructure, including for development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities

What the bill says

A bill FOR An Act establishing procedures for system enhancement of infrastructure, including for development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities.

From the introduced text, January 14, 2026:

A BILL FOR An Act establishing procedures for system enhancement of infrastructure, including for development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 5582YH (2) sb/js H.F. 2032 Section 1. NEW SECTION. 476.59 System enhancement infrastructure. 1. It is the intent of the general assembly to authorize alternative ratemaking mechanisms to develop and sustain adequate water and wastewater treatment facilities within the state to ensure resilient water supply and sanitation services for Iowa consumers and provide economic benefits to the state. The commission shall not be bound by traditional ratemaking principles or traditional cost recovery mechanisms with respect to system enhancement infrastructure. 2. For purposes of this section: a. "Blanket-type work project order" means an agreement between an eligible utility and a supplier to deliver goods or services at a set price on a recurring basis over a specified time period. b. "Eligible utility" means an investor-owned public utility providing water or wastewater service subject to rate regulation by the commission pursuant to section 476.1. c. "Plan" means a multiyear plan to implement system enhancement improvements. d. "Pretax return" means the revenues necessary to accomplish all of the following: (1) Producing net operating income equal to the utility's …

Read the full official text

Sponsors

• Mike Vondran (R, 94) · primary sponsor

Latest actions

1. April 9, 2026: Withdrawn. H.J. 870 .
2. February 18, 2026: Committee report approving bill, renumbered as HF 2581 .
3. February 16, 2026: Committee vote: Yeas, 22. Nays, 0. Excused, 1. H.J. 312 .
4. February 16, 2026: Committee report, recommending amendment and passage. H.J. 312 .
5. January 28, 2026: Subcommittee recommends passage.
6. January 22, 2026: Subcommittee Meeting: 01/27/2026 12:00PM RM 102.
7. January 20, 2026: Subcommittee: Vondran, Bagniewski and Mohr, G. H.J. 125 .
8. January 14, 2026: Introduced, referred to Commerce. H.J. 74 .

Votes

• Committee vote: Yeas, 22. Nays, 0. Excused, 1. H.J. 312 . (February 16, 2026): 22 yea, 0 nay, passed
• Committee report, recommending amendment and passage. H.J. 312 . (February 16, 2026): 22 yea, 0 nay, passed

Common questions

What is HF2032?

HF2032 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act establishing procedures for system enhancement of infrastructure, including for development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities.

What does HF2032 do?

In its own words: A bill FOR An Act establishing procedures for system enhancement of infrastructure, including for development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities.

What is the status of HF2032?

In committee as of February 18, 2026. Latest action: Withdrawn. H.J. 870 . (April 9, 2026).

Who sponsored HF2032?

Mike Vondran (R, 94).

Where is the official record for HF2032?

On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=HF+2032&ga=91