Bill Text: IA SF413 | 2017-2018 | 87th General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: A bill for an act relating to statute-of-repose periods for improvements to real property and including applicability provisions. (Formerly SSB 1010.) Effective 7-1-17.
Spectrum: Committee Bill
Status: (Passed) 2017-04-13 - Signed by Governor. S.J. 1021. [SF413 Detail]
Download: Iowa-2017-SF413-Amended.html
Bill Title: A bill for an act relating to statute-of-repose periods for improvements to real property and including applicability provisions. (Formerly SSB 1010.) Effective 7-1-17.
Spectrum: Committee Bill
Status: (Passed) 2017-04-13 - Signed by Governor. S.J. 1021. [SF413 Detail]
Download: Iowa-2017-SF413-Amended.html
Senate File 413 - Reprinted SENATE FILE BY COMMITTEE ON JUDICIARY (SUCCESSOR TO SSB 1010) (As Amended and Passed by the Senate March 8, 2017) A BILL FOR 1 An Act relating to statute=of=repose periods for improvements 2 to real property and including applicability provisions. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: SF 413 (3) 87 jh/rj/jh PAG LIN 1 1 Section 1. Section 614.1, subsection 11, Code 2017, is 1 2 amended to read as follows: 1 3 11. Improvements to real property. 1 4 a. In addition to limitations contained elsewhere in this 1 5 section, an action arising out of the unsafe or defective 1 6 condition of an improvement to real property based on tort 1 7 and implied warranty and for contribution and indemnity, and 1 8 founded on injury to property, real or personal, or injury to 1 9 the person or wrongful death, shall not be brought more than 1 10fifteenthe number of years specified below after the date on 1 11 which occurred the act or omission of the defendant alleged in 1 12 the action to have been the cause of the injury or death.: 1 13 (1) For an action arising from or related to a nuclear 1 14 power plant licensed by the United States nuclear regulatory 1 15 commission or an interstate pipeline licensed by the federal 1 16 energy regulatory commission, fifteen years. 1 17 (2) For an action arising from or related to residential 1 18 construction, as defined in section 572.1, ten years. 1 19 (3) For an action arising from or related to any other kind 1 20 of improvement to real property, eight years. 1 21 b. Notwithstanding paragraph "a", an action arising from or 1 22 related to the intentional misconduct or fraudulent concealment 1 23 of an unsafe or defective condition of an improvement to real 1 24 property shall not be brought more than fifteen years after the 1 25 date on which occurred the act or omission of the defendant 1 26 alleged in the action to have been the cause of the injury or 1 27 death. 1 28 c. If the unsafe or defective condition is discovered within 1 29 one year prior to the expiration of the applicable period of 1 30 repose, the period of repose shall be extended one year. 1 31 d.However, thisThis subsection does not bar an action 1 32 against a person solely in the person's capacity as an owner, 1 33 occupant, or operator of an improvement to real property. 1 34 Sec. 2. APPLICABILITY. This Act does not apply to an 1 35 improvement to real property in existence prior to the 2 1 effective date of this Act or to an improvement to real 2 2 property, whether construction has begun or not, that is the 2 3 subject of a binding agreement as of the effective date of this 2 4 Act. SF 413 (3) 87 jh/rj/jh