Sen. Rocky De Witt

Maddy summarySF 112 would establish a new Iowa transactional currency backed by physical gold and silver stored in a state-approved depository. Individuals or other states could purchase the currency by paying for the equivalent amount of gold or silver (with fees), with each unit representing a specific fractional troy ounce of metal. Holders could redeem the currency for U.S. dollars (by selling the metal) or for physical gold/silver (by receiving the metal from the depository), and the treasurer of state would set security and fraud prevention rules. The bill directly affects currency buyers, the treasurer’s office, and approved depositories, but does not change existing state or federal currency laws.

Maddy summarySF 95 amends Iowa's eminent domain laws to raise the evidence standard for pipeline projects. It requires agencies seeking to condemn agricultural land for hazardous liquid pipelines (under Chapter 479B) to prove "public use" by "clear and convincing evidence" instead of the lower "preponderance of evidence" standard. This directly affects pipeline companies and landowners in agricultural areas, making it harder to acquire farmland for such projects without owner consent. The bill also clarifies that agricultural land cannot be condemned for "private development" without the owner's agreement. It takes effect immediately upon enactment and applies to condemnation cases filed after that date.

Maddy summarySF 74 repeals a specific Iowa law (Section 479B.15) that previously allowed pipeline companies to enter private land for surveys related to hazardous liquid pipeline projects by providing landowners with 10 days' written notice. This bill removes the requirement for pipeline companies to notify landowners before conducting surveys on their property. It directly affects landowners whose property might be surveyed for pipeline projects and pipeline companies seeking survey access. The repeal takes immediate effect upon enactment, eliminating this specific access provision.