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Iowa criminal charge

Money laundering penalty in Iowa

Current through 2026 Iowa legislative session

Money laundering penalty is a criminal offense under Iowa law, defined by Iowa Code § 706B.2. Its classification is not fixed: Iowa assigns a different penalty class depending on the circumstances of the offense. The class that applies — and the sentencing range that follows from it — depends on which statutory variant fits the facts.

Defined by Iowa Code § 706B.2.

What is the penalty for money laundering penalty in Iowa?

Penalties for Money laundering penalty
PenaltyRangeBasisAuthority
Jail / prisonup to 10 years (Money laundering — transporting/receiving/acquiring, making property available, or concealment transactions — Applies when a person violates subsection 1, paragraph a, b, or c, involving knowing transport/receipt/acquisition of proceeds of specified unlawful activity, making property available for such activity, or conducting transactions to conceal or disguise proceeds or avoid reporting requirements.; indeterminate term (§902.3); maximum only, release determined by the board of parole)discretionaryIowa Code § 902.9
Fine$1,370 to $13,660 (Money laundering — transporting/receiving/acquiring, making property available, or concealment transactions — Applies when a person violates subsection 1, paragraph a, b, or c, involving knowing transport/receipt/acquisition of proceeds of specified unlawful activity, making property available for such activity, or conducting transactions to conceal or disguise proceeds or avoid reporting requirements.; §911 surcharges added on top)mandatoryIowa Code § 902.9
Jail / prisonup to 5 years (Money laundering — conducting business of facilitating transactions — Applies when a person violates subsection 1, paragraph d, by knowingly engaging in the business of conducting, directing, planning, organizing, initiating, financing, managing, supervising, or facilitating transactions involving proceeds of specified unlawful activity.; indeterminate term (§902.3); maximum only, release determined by the board of parole)discretionaryIowa Code § 902.9
Fine$1,025 to $10,245 (Money laundering — conducting business of facilitating transactions — Applies when a person violates subsection 1, paragraph d, by knowingly engaging in the business of conducting, directing, planning, organizing, initiating, financing, managing, supervising, or facilitating transactions involving proceeds of specified unlawful activity.; §911 surcharges added on top)mandatoryIowa Code § 902.9

Applies to current (2026 Iowa Code; fine levels per 2020 Acts ch 1074).

How is money laundering penalty classified in Iowa?

The classification depends on the circumstances:

Classification variants for Money laundering penalty
VariantClassificationWhen it appliesStatute
Money laundering — transporting/receiving/acquiring, making property available, or concealment transactionsClass “C” FelonyApplies when a person violates subsection 1, paragraph a, b, or c, involving knowing transport/receipt/acquisition of proceeds of specified unlawful activity, making property available for such activity, or conducting transactions to conceal or disguise proceeds or avoid reporting requirements.Iowa Code § 706B.2(2)(a)
Money laundering — conducting business of facilitating transactionsClass “D” FelonyApplies when a person violates subsection 1, paragraph d, by knowingly engaging in the business of conducting, directing, planning, organizing, initiating, financing, managing, supervising, or facilitating transactions involving proceeds of specified unlawful activity.Iowa Code § 706B.2(2)(b)

Common questions about money laundering penalty in Iowa

Is money laundering penalty a felony or a misdemeanor in Iowa?

It depends on the circumstances: money laundering penalty ranges from a Class “D” Felony to a Class “C” Felony in Iowa under Iowa Code § 706B.2.

Money laundering — transporting/receiving/acquiring, making property available, or concealment transactions: Class “C” Felony (Iowa Code § 706B.2(2)(a)) · Money laundering — conducting business of facilitating transactions: Class “D” Felony (Iowa Code § 706B.2(2)(b))

What are the penalties for money laundering penalty in Iowa?

Penalties for money laundering penalty in Iowa depend on how it is classified — from a Class “D” Felony up to a Class “C” Felony — with the ranges set by Iowa Code § 902.9; the full table of ranges by variant is published on this page.

Which Iowa statute covers money laundering penalty?

Money laundering penalty is governed by Iowa Code § 706B.2 (Money laundering penalty — civil remedies).

Legal terms used in this law

This reference is informational and is not legal advice. Penalty ranges are the statutory classification ranges; sentencing in a specific case depends on its facts and history.