STATEHouse OFile F2329 IOWAH-8196 KIMAmend REYNOLDSHouse GOVERNORFile May2329 02,as 2026follows: The Honorable Paul Pate Secretary of State of Iowa State Capitol Des Moines, Iowa 50319 Dear Mr.

Secretary,1. I hereby transmit:

HousePage File1, 2329,line an34, Actby relatingstriking to<either interestten> rates and chargesinserting on<ten regulatedeither Joans,three> and______________________________ consumerBARKER creditof transactionStory serviceHF charges.2329.3270 (2) 91 -1- nls/ko 1/1

The above House File is hereby approved on this date.

cc:

Secreta1y of the Senate Clerk of the House STATE CAPITOL DES MOINES, IOWA 50319 515.281.5211 WWW.GOVERNOR.IOWA.GOV l" ' m., " ' ' u nm 1 • mnu1 nmU mua n" ' J House F ile 2329 AN ACT RELCONSUMER CREDIT TRANSACTION SERVICE CHARGES.ATED LOANS, AND BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

2026, are amended by s trik in g the subsections.

and 3, Code Sec.

2.

Section 536.13, subsections 4 and 5, Code 2026, are amended to read as follow s:

4.

BegiHHiHg Jtlly 4, 1965, aHd tlHtil StlCfl time as a ra te of in te re s t or charges upon tfie c la ss er c la sse s ofmum regulated loans is as fellow s:

s h a ll be th ree percent per month.

a.

~firee percent per meHtfi OH aHy p a rt of tfie tlHpaid d o lla rs.balaHce of tfie leaH Hot exceeding one fltlHdred f if ty b.

~we perceHt per mentfi OH any p a rt of tfie lean iH excess of eHe fltlHdred f if ty d o lla rs , btlt Hot exceeding tfiree fitlHdred d oc.laOne and eHe fialf perceHt per meHth OH aHy p a rt of tfie tlHpaid priH cipal balaHce of the leaH iH excess of th ree htiHdred d o lla rs , btlt Hot exceediHg seveH htlHdred d o lla rs.

a.

One perceHt per meHth en any p a rt of the tlHpaid priH cipal bal5.eeA licen see under th is chapter may lend any sum of money not exceeding the threshold amount as defined in sectio n House F ile 2329, p .

2 537.1301 in amount and may c h a rg e , c o n tra c t f o r , and re c e iv e on th e lo an i n t e r e s t or charges a t a r a te not exceeding th e maximum r a te o f i n t e r e s t o r ch arg es determ iR ed aRd fix e d by th e sttperiR teR deR t ttRder a ttth o rity o f t h i s seetio R or p u rsu an t to su b se c tio n 7 fo r th o se amottRts iR excess o f teR thottsaRd d o lla r s 4.

Sec .

3.

S e c tio n 536.13, su b se c tio n 7 , paragraph a , Code 2026, i s amended by s tr ik in g th e p arag rap h .

Sec.

4.

S e c tio n 537.2501, su b se c tio n 1 , paragraph 1 , Code 2026, i s amended to read as fo llo w s:

For a consumer c r e d it tr a n s a c tio n , a s e rv ic e charge in an amount not to exceed th e le s s e r o-tefe ith e r th re e p e rc e n t o f th e amount fin a n c e hundred d o lla r s .

-zz~ :

e~ ~1--_,.I<:- -./-~ ~ ~ ~ ~ ~ ~ ~ A M Y S I N ~ Speaker o f P re s id e n t o f th e S enate I hereby c e r t i f y th a t t h i s b i l l o rig in a te d in th e House and i s known as House F ile 2329, N in e ty - f ir s t G eneral Assembly.

Approved ~ znl.

2026 Governor