Financial Institutions and Insurance

KS - Senator Jeff Longbine (R)

Title:

Chair

KS - Senator Michael Fagg (R)

Title:

Vice Chair

KS - Senator Cindy Holscher (D)

Title:

Ranking Minority Member

KS - Senator Jeff Pittman (D)

Title:

Ranking Minority Member

KS - Senator Brenda Dietrich (R)

Title:

Member

KS - Senator Beverly Gossage (R)

Title:

Member

KS - Senator Rick Kloos (R)

Title:

Member

KS - Senator Adam Thomas (R)

Title:

Member

KS - Senator Kellie Warren (R)

Title:

Member

KS - SB14 Updating the version of risk-based capital instructions in effect.

KS - SB15 Increasing the maximum amount of yearly income tax credits available for purchases under the disability employment act from qualified vendors, continuing in existence such credits beyond tax year 2023 of eligible purchases available for such credit and further defining qualifying vendors and employees eligible for the credit, establishing a grant program to facilitate transitions by employers to minimum wage employment for persons with disabilities and creating the Kansas sheltered workshop t...

KS - SB16 Discontinuing certain exemptions from the pharmacy benefits manager act.

KS - SB17 Expanding the use of bond proceeds under the Kansas reinvestment housing incentive district act and the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act.

KS - SB18 Adding certain legal entities to the definition of "person" thereby making such entities subject to penalties for violations of insurance law.

KS - SB19 Requiring certain premium taxes to be paid 90 days after each calendar year and basing such premium taxes upon the gross premiums collected for the previous calendar year.

KS - SB23 Eliminating the statutory 15% alternative investment limit for the KPERS fund and requiring the KPERS board to establish an alternative investment percentage limit.

KS - SB24 Changing the required number of employees contained in the definitions of "large employer" and "small employer" for purposes of coverage for autism spectrum disorder.

KS - SB25 Making and concerning appropriations for fiscal years 2023, 2024, 2025, 2026, 2027 and 2028 for various state agencies; constituting the omnibus reconciliation spending limit bill for the 2023 regular session.

KS - SB26 Creating a civil cause of action against a physician who performs childhood gender reassignment service and requiring revocation of a physician's license who performs childhood gender reassignment service.

KS - SB27 Authorizing the commissioner of insurance to set the amount of certain fees.

KS - SB28 Discontinuing payments to certain group-funded insurance pools, refunding existing balances thereof and abolishing such funds and establishing the group-funded pools refund fund.

KS - SB34 Expanding the use of bond proceeds under the Kansas rural housing incentive district act, the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act and enacting the Kansas urban housing incentive district act.

KS - SB37 Expanding the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act.

KS - SB44 Enacting the Kansas financial institutions information security act.

KS - SB51 Authorizing the state bank commissioner to accept state and national criminal history record checks from private entities.

KS - HB2089 Modifying the requirement to report individuals who solicit memberships on behalf of prepaid service plans from semi-annually to annually and upon application for registration and discontinuing payment of annual registration fees for such plans.

KS - HB2090 Authorizing the commissioner of insurance to set the amount of certain fees, specifying permissible uses of information obtained from background checks, fingerprinting and criminal history records checks; discontinuing annual registration fees for prepaid service plans and modifying reporting requirements related to such plans; and decreasing the premium tax rate imposed on surplus lines insurance.

KS - HB2093 Discontinuing payments to certain group-funded insurance pools, refunding existing balances thereof and abolishing such funds and establishing the group-funded pools refund fund; adjusting the basis upon which certain premium tax calculations are made, requiring such premium taxes to be paid 90 days after each calendar year and basing such premium taxes upon the gross premiums collected for the previous calendar year; and adding fire districts to the definition of "municipality" for purposes...

KS - HB2094 Requiring work registrants ages 50-59 to complete an employment and training program to receive food assistance, establishing periods of ineligibility for child care subsidy based on cooperation with child support services and requiring the secretary to conduct reviews of cooperation with child support.

KS - HB2096 Requiring certain premium taxes to be paid 90 days after each calendar year and basing such premium taxes upon the gross premiums collected for the previous calendar year.

KS - HB2097 Removing the requirement of a documented written demand for premiums as part of a prima facie case against agents or brokers who fail to pay premiums due.

KS - HB2098 Adding certain legal entities to the definition of "person" thereby making such entities subject to penalties for violations of insurance law.

KS - HB2100 Enacting the Kansas public investments and contracts protection act concerning environmental, social and governance (ESG) criteria, prohibiting the state and political subdivisions from giving preferential treatment to or discriminating against companies based on such ESG criteria in procuring or letting contracts, requiring KPERS fiduciaries to act solely in the financial interest of the participants and beneficiaries of the system, indemnifying KPERS with respect to actions taken in complia...

KS - HB2105 Enacting the Kansas earned wage access services act, establishing requirements, duties and prohibitions for persons engaged in earned wage access services and providing for the administration of such act by the office of the state bank commissioner.

KS - SB62 Enacting the protect vulnerable adults from financial exploitation act, requiring reporting of instances of suspected financial exploitation under certain circumstances and providing civil and administrative immunity to individuals who make such reports.

KS - SB76 Providing for an exemption from continuing education licensure requirements for certain insurance producers.

KS - HB2133 Providing that fiduciary financial institutions shall be overseen, supervised and examined by the office of the state bank commissioner as a chartered trust company, allowing a fiduciary financial institution to refer to itself as a trust company in legal or regulatory filings or disclosures to existing or prospective customers or investors and authorizing a fiduciary financial institution to exercise fiduciary powers and full trust powers and to engage as a trust company under state and fede...

KS - SB85 Enacting the Kansas travel insurance act.

KS - HB2196 Providing membership affiliation in the Kansas police and firemen's retirement system for certain law enforcement officers and employees of the Kansas department of wildlife and parks, expanding deferred retirement option program (DROP) membership to all Kansas police and firemen's retirement system members and extending the expiration date on DROP.

KS - HB2197 Providing a procedure for the distribution of a first-time home buyer savings account balance upon the death of an account holder, changing the term "transfer on death" to "payable on death" and resolving a conflict when beneficiaries differ on a financial institution's account records and tax forms required by the secretary of revenue.

KS - HB2198 Providing membership affiliation in the Kansas police and firemen's retirement system for certain law enforcement officers and employees of the Kansas department of wildlife and parks.

KS - SB104 Allowing a surcharge when purchases are made with a credit or debit card.

KS - HB2247 Authorizing any person to become a bank depositor or safe deposit box leaseholder, providing methods in which bank deposits may be withdrawn and prohibiting banks from requiring a cosigner for an account of certain minors in the custody of the secretary for children and families, secretary of corrections or a federally recognized Indian tribe.

KS - SB119 Updating certain statutory references contained in chapter 40 of the Kansas Statutes Annotated; specifying certain requirements of documents submitted by medicare provider organizations and health maintenance organizations to demonstrate fiscal soundness; removing the requirement of a documented written demand for premium as part of a prima facie case; adding certain legal entities to the definition of person for purposes of violations of insurance law; and updating the version of risk-based ...

KS - HB2284 Providing an income tax rate of 5.25% for individuals, exempting all social security benefits from Kansas income tax, increasing the standard deduction by a cost-of-living adjustment, increasing the Kansas personal exemption, decreasing the privilege tax normal tax, establishing a 0% state rate for sales and use taxes for food and food ingredients on April 1, 2024, and increasing the extent of property tax exemption for residential property from the statewide school levy.

KS - HB2285 Requiring the secretary of health and environment to study drug overdose death cases and providing for the confidentiality of related records, restricting the authority of the secretary of health and environment and local health officers to control the spread of infectious or contagious diseases, repealing the authority of the secretary to quarantine individuals and impose penalties for violations thereof and prohibiting the secretary of health and environment from requiring COVID-19 vaccinat...

KS - SB199 Authorizing the state banking board to deny, suspend or revoke a charter of a fiduciary financial institution in certain circumstances, requiring fiduciary financial institutions to purchase a surety bond and establishing a civil money penalty for violations of the technology-enabled fiduciary financial institutions act.

KS - SB204 Replacing the definition of "charitable beneficiaries" with "qualified charities" in the technology-enabled fiduciary financial institutions act.

KS - SB236 Requiring drug manufacturers to provide pricing under the federal 340B drug pricing program to pharmacies that enter into contractual agreements with entities covered under the 340B program and prohibiting pharmacy benefits managers from denying patients the freedom to use the pharmacy and healthcare provider of such patient's choice.

KS - SB245 Enacting the commercial financing disclosure act, requiring certain disclosures when making commercial financing product transactions, requiring registration with state bank commissioner, obtaining a surety bond, providing for civil penalties and rules and regulations by the commissioner and authorizing enforcement of such act by the attorney general.

KS - SB256 Providing KPERS 3 members an additional interest credit of 1% for calendar year 2023.

KS - SB302 Suspending fidfin transactions, custodial services and trust business of technology-enabled fiduciary financial institutions until the legislature expressly consents to and approves such activities by an act of the legislature and requiring the legislature to conduct a forensic audit of technology-enabled fiduciary financial institutions.