IA SF239

Bill

A bill for an act relating to insurance requirements for the granting of a hazardous liquid pipeline permit.

Introduced
02/10/2025

In Committee
02/10/2025

Crossed Over

Passed

Dead

Introduced Session

91st General Assembly

Bill Summary

This bill relates to insurance requirements for the granting of a hazardous liquid pipeline permit. The bill requires an applicant for a hazardous liquid pipeline permit to submit evidence to the Iowa utilities commission of a surety or insurance policy that ensures payment of all damages that may result from the construction or operation of the hazardous liquid pipeline before a permit may be granted by the commission. The surety or insurance policy must be sufficient to cover losses and injury resulting from construction of the hazardous liquid pipeline and from any discharge of content from the pipeline. The surety or insurance policy must also be sufficient to cover any person’s increased insurance costs, or the person’s inability to obtain insurance, due to the construction or presence of the pipeline. The bill requires the pipeline company to either purchase insurance on behalf of or reimburse any person who experiences increased insurance premiums or the inability to obtain insurance due to the construction or presence of the pipeline.

AI Summary

This bill establishes new insurance requirements for hazardous liquid pipeline permits in Iowa, mandating that pipeline applicants provide comprehensive insurance coverage before receiving a permit from the Iowa utilities commission. Specifically, the bill requires a surety or insurance policy that fully covers three key areas: (1) financial damages from any negligent or intentional discharge of pipeline contents, (2) injuries and property value reductions resulting from pipeline construction or content discharge, and (3) insurance-related costs experienced by affected property owners. If local property owners find themselves unable to obtain insurance or facing increased insurance premiums due to the pipeline's presence or construction, the pipeline company must either purchase insurance on their behalf or reimburse them for the additional premium costs. This legislation aims to protect landowners and communities by ensuring that pipeline companies are financially responsible for potential damages and insurance disruptions caused by their infrastructure projects.

Committee Categories

Business and Industry

Sponsors (7)

Kevin Alons (R)*, Doug Campbell (R)*, Jesse Green (R)*, Dennis Guth (R)*, Sandy Salmon (R)*, Jeff Taylor (R)*, Cherielynn Westrich (R)*,

Last Action

Subcommittee: Bousselot, Blake, and Gruenhagen. S.J. 255. (on 02/12/2025)

Official Document

https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=SF239

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=SF239
BillText	https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/SF239.html

Bill	Bill Name	Last Action	Type
HF240	A bill for an act relating to insurance requirements for the granting of a hazardous liquid pipeline permit.(See HF 639.)	Committee report approving bill, renumbered as HF 639.	Similar To
HF639	A bill for an act relating to hazardous liquid pipelines, including common carrier requirements, proceedings under the Iowa utilities commission, including commission member attendance at hearings and informational meetings, including allowing certain persons to intervene in such proceedings, including sanctions on intervenors in contested cases, and permit, permit renewal, and operation limitations, and including effective date and applicability provisions. (Formerly HF 240.)	Reported correctly enrolled, signed by Speaker and President, and sent to Governor. H.J. 05/22.	Similar To

Bill > SF239

IA SF239

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (7)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary