Iowa bill mandates public availability of financial data from regents institutions.

The bill requires regents institutions to publicly disclose certain financial information on their websites. This includes annual budgets, expenditures, vendor details, and contracts totaling $1,000 or more. The information must be accessible within three links from the homepage, searchable, and updated regularly. It must also remain available for ten years. The bill specifies that the information should be accessible without registration and include details such as transaction registers, diversity commitments, and month-end financial statements. The bill takes effect December 1, 2025.

Iowa bill mandates public availability of financial data from regents institutions.

The bill requires regents institutions to publicly disclose certain financial information on their websites. This includes annual budgets, expenditures, vendor details, and contracts totaling $1,000 or more. The information must be accessible within three links from the homepage, searchable, and updated regularly. It must also remain available for ten years. The bill specifies that the information should be accessible without registration and include details such as transaction registers, diversity commitments, and month-end financial statements. The bill takes effect December 1, 2025.