Iowa House panel approves bill directing some university endowment investments

By: Brooklyn Draisey

Outlets: Iowa Capital Dispatch

Published: March 18, 2026

Words: 395

Last Updated: 2 days, 19 hours ago

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An Iowa House committee approved legislation Wednesday that supporters say would keep investments in venture capital in Iowa, though some shared concerns about the public taking of private dollars.

Senate File 2453, passed unanimously by the Senate March 10, would require state universities to invest at least 1% of their total endowment assets in one of the state’s innovation funds by July 1, 2027, except assets with restrictions placed by the donor.

The …

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