Iowa HF2196: A BILL FOR An Act relating to proxy advisors and proxy advisory services, and including applicability provisions

What the bill says

A bill FOR An Act relating to proxy advisors and proxy advisory services, and including applicability provisions.

From the introduced text, January 29, 2026:

A BILL FOR An Act relating to proxy advisors and proxy advisory services, and including applicability provisions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 5225HH (4) nls/ko H.F. 2196 Section 1. NEW SECTION. 545.1 Definitions. As used in this section, unless the context otherwise requires: 1. "Company" means a publicly traded, for-profit corporation, limited liability company, partnership, or other business entity that is organized under the laws of this state and that maintains its principal place of business in this state. "Company" includes a foreign entity that has made a company proposal to become a domestic entity by merger, conversion, or other means. 2. "Company proposal" means a proposal by a company to the company's shareholders that is included in the company's proxy statement and includes but is not limited to a proposal related to director nominations or elections, executive compensation, corporate transactions, corporate structure, auditor selection, or company policy. 3. "Default recommendation" means a system, set of rules, principles, or guidelines to assist shareholders with voting decisions on a company proposal or proxy proposal. 4. "Financial analysis" means a written document that does all of the following: a. Analyzes the expected short-term and long-term financial benefits and costs to a company of implementing a company proposal or proxy proposal. b. Reaches a conclusion …

Read the full official text

Sponsors

• John Wills (R, 10) · primary sponsor

Latest actions

1. February 10, 2026: Subcommittee recommends passage.
2. February 4, 2026: Subcommittee Meeting: 02/10/2026 12:00PM House Lounge.
3. January 29, 2026: Subcommittee: Wulf, Johnson, C. and Johnson, R. H.J. 178 .
4. January 29, 2026: Introduced, referred to State Government. H.J. 172 .

Common questions

What is HF2196?

HF2196 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act relating to proxy advisors and proxy advisory services, and including applicability provisions.

What does HF2196 do?

In its own words: A bill FOR An Act relating to proxy advisors and proxy advisory services, and including applicability provisions.

What is the status of HF2196?

In committee as of February 10, 2026. Latest action: Subcommittee recommends passage. (February 10, 2026).

Who sponsored HF2196?

John Wills (R, 10).

Where is the official record for HF2196?

On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=HF+2196&ga=91