A bill for an act relating to pipeline project investor disclosures, making penalties applicable, and providing effective date and retroactive applicability provisions.

Summary

The bill forces any pipeline firm applying for eminent‑domain rights in Iowa to list each investor’s name, home address, and investment range in its permit application. If the information is inaccurate or incomplete, the company faces a civil penalty of at least $1 million and Iowa residents may sue for damages. It becomes effective immediately and applies retroactively to applications filed after July 1 2019.

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