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IA HF1010

IA HF1010
A bill for an act providing for an annual authorization fee to be collected by the college student aid commission from certain postsecondary educational institutions not subject to registration with the commission.(Formerly HF 772, HSB 48.)


summary

Introduced
04/14/2025
In Committee
02/24/2026
Crossed Over
04/23/2025
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill requires the college student aid commission to collect a single, nonrefundable annual authorization fee, in an amount specified in the bill, from certain entities that do not pay a registration fee to the commission under current law. Such entities include an entity exempt from registration with the commission under Code chapter 261B or an entity maintaining or conducting in Iowa any educational course by classroom instruction or by correspondence or by other delivery method, or soliciting in Iowa the sale of such course under Code section 714.18, other than certain entities providing driver education. The commission may increase the fee annually by an amount not to exceed 3 percent.

AI Summary

This bill establishes an annual authorization fee that the Iowa College Student Aid Commission must collect from certain postsecondary educational institutions not currently paying registration fees. Specifically, the bill requires the commission to charge a single, nonrefundable annual fee for entities authorized under specific sections of Iowa law, with different fee amounts based on the institution's primary location (in or outside of Iowa). For entities with a primary location in Iowa, the fee will be $2,000, while entities with a primary location outside of Iowa will be charged $3,500. The fee applies to institutions granted exemptions under section 261B.11 and entities offering educational courses under section 714.18, excluding driver education providers. The bill allows the commission to increase the fee annually by up to 3 percent, starting from the fiscal year beginning July 1, 2025. The purpose of these fees is to help cover the administrative costs of overseeing and regulating these educational institutions, ensuring proper oversight and potentially generating revenue to support the commission's regulatory activities.

Committee Categories

Budget and Finance, Education

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Ways and Means (House)

Last Action

Subcommittee Meeting: 03/04/2026 1:00PM Room 315 (Cancelled). (on 03/04/2026)

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