Establishes a business court in Iowa to handle complex civil business litigation and business transactions.

The bill creates a specialty business court in Iowa to handle civil actions involving complex business litigation and transactions. The court will have jurisdiction over actions involving organizations, governing persons, and members, as well as actions with an amount in controversy exceeding ten million dollars. The business court will be composed of three judges appointed by the governor, subject to senate confirmation. The court will have the same powers as a district court, including the ability to issue writs and grant relief.

Establishes a business court in Iowa to handle complex civil business litigation and business transactions.

The bill creates a specialty business court in Iowa to handle civil actions involving complex business litigation and transactions. The court will have jurisdiction over actions involving organizations, governing persons, and members, as well as actions with an amount in controversy exceeding ten million dollars. The business court will be composed of three judges appointed by the governor, subject to senate confirmation. The court will have the same powers as a district court, including the ability to issue writs and grant relief.