ARC 9869C

ARC 9869C

HIGHER EDUCATION LOAN AUTHORITY[284]

Notice of Intended Action

Proposing rulemaking related to agency procedure for rulemaking
and providing an opportunity for public comment

    The Higher Education Loan Authority hereby proposes to rescind Chapter 4, “Agency Procedure for Rule Making,” and to adopt a new Chapter 4, “Agency Procedure for Rulemaking,” Iowa Administrative Code.

Legal Authority for Rulemaking

    This rulemaking is proposed under the authority provided in Iowa Code section 261A.7.

State or Federal Law Implemented

    This rulemaking implements, in whole or in part, Iowa Code section 261A.7.

Purpose and Summary

    The Authority serves Iowa’s independent nonprofit colleges and universities by providing affordable financing of facilities and working capital through the issuance of tax-exempt debt on the colleges’ and universities’ behalf. This proposed rulemaking repromulgates Chapter 4, which contains rules related to agency procedure for rulemaking. 

Regulatory Analysis

    A Regulatory Analysis for this rulemaking was published in the Iowa Administrative Bulletin on October 29, 2025. A public hearing was held on the following date(s):

     ?   November 18, 2025

Fiscal Impact

    This rulemaking has no fiscal impact to the State of Iowa.

Jobs Impact

    After analysis and review of this rulemaking, no impact on jobs has been found.

Waivers

    Any person who believes that the application of the discretionary provisions of this rulemaking would result in hardship or injustice to that person may petition the Authority for a waiver of the discretionary provisions, if any.

Public Comment

    Any interested person may submit written comments concerning this proposed rulemaking, which must be received by the Authority no later than 4:30 p.m. on January 13, 2026. Comments should be directed to:

Public Hearing

    Public hearings at which persons may present their views orally or in writing will be held as follows:

    Persons who wish to make oral comments at a public hearing may be asked to state their names for the record and to confine their remarks to the subject of this proposed rulemaking.

    Any persons who intend to attend a public hearing and have special requirements, such as those related to hearing or mobility impairments, should contact the Authority and advise of specific needs.

Review by Administrative Rules Review Committee

    The Administrative Rules Review Committee, a bipartisan legislative committee which oversees rulemaking by executive branch agencies, may, on its own motion or on written request by any individual or group, review this rulemaking at its regular monthly meeting or at a special meeting. The Committee’s meetings are open to the public, and interested persons may be heard as provided in Iowa Code section 17A.8(6).

    The following rulemaking action is proposed:

    ITEM 1.  Rescind 284—Chapter 4 and adopt the following new chapter in lieu thereof:

CHAPTER 4

AGENCY PROCEDURE FOR RULEMAKING

The higher education loan authority hereby adopts, with the following exceptions and amendments, the Uniform Rules on Agency Procedure relating to agency procedure for rulemaking, which are published at www.legis.iowa.gov/DOCS/Rules/Current/UniformRules.pdf on the general assembly’s website.

284—4.3(261A) Public rulemaking docket.

    4.3(2) Anticipated rulemaking. In lieu of the words “(commission, board, council, director)”, insert “authority”.

284—4.4(261A) Notice of proposed rulemaking.

    4.4(3) Copies of notices. In lieu of the words “(specify time period)”, insert “three years”.

284—4.5(261A) Public participation.

    4.5(1) Written comments. In lieu of the words “(identify office and address)”, insert “Iowa Higher Education Loan Authority, 1105 High Road, Box 214, Norwalk, Iowa 50211”.

284—4.6(261A) Regulatory analysis.

    4.6(2) Mailing list. In lieu of the words “(designate office)”, insert “Iowa Higher Education Loan Authority, 1105 High Road, Box 214, Norwalk, Iowa 50211”.

284—4.10(261A) Exemptions from public rulemaking procedures.

    4.10(2) Reserved.

284—4.11(261A) Concise statement of reasons.

    4.11(1) General. In lieu of the words “(specify the office and address)”, insert “Iowa Higher Education Loan Authority, 1105 High Road, Box 214, Norwalk, Iowa 50211”.

284—4.13(261A) Agency rulemaking record.

    4.13(2) Contents.

    c.  In lieu of the words “(agency head)”, insert “executive director”.

These rules are intended to implement Iowa Code section 17A.24 and chapter 261A.