Establishes a specialty business court in Iowa with jurisdiction over certain civil actions.

The bill creates a specialty business court in Iowa, which will have jurisdiction over specific civil actions. The court will handle cases involving commercial transactions of $10 million or more, disputes over the governance or internal affairs of organizations, and certain claims under securities or trade regulation laws. The business court will have the same powers as a district court, including the ability to issue writs and grant relief. Judges will be appointed by the governor and must meet certain qualifications, including being at least 35 years old, a U.S.

Establishes a specialty business court in Iowa with jurisdiction over certain civil actions.

The bill creates a specialty business court in Iowa, which will have jurisdiction over specific civil actions. The court will handle cases involving commercial transactions of $10 million or more, disputes over the governance or internal affairs of organizations, and certain claims under securities or trade regulation laws. The business court will have the same powers as a district court, including the ability to issue writs and grant relief. Judges will be appointed by the governor and must meet certain qualifications, including being at least 35 years old, a U.S.