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Minutes for HB2436 - Committee on Financial Institutions and Pensions

Short Title

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, restricting state agencies from adopting ESG criteria or requiring any person or business to operate in accordance with such criteria and providing for enforcement of such act by the attorney general.

Minutes Content for Wed, Mar 8, 2023

Chair Hoheisel opened the hearing on HB 2436, recognized David Wiese, Senior assistant Revisor, who provided an overview on HB 2436. (Attachment1)  No questions.

Proponent - Chair Hoheisel recognized Steven Johnson, State Treasurer who provided testimony in support of HB 2436(Attachment2); followed by Joel Griffith, Visiting Fellow, Opportunity Solutions Project (remote), (Attachment3).  Some questions presented to the proponent conferees.

Proponent-written only testimony on HB 2436 was provided by Kris Kobach, Attorney General, (Attachment4).

Neutral - Chair Hoheisel recognized Alex Orel, Senior Vice President of Government Affairs, Kansas Bankers Association, who provided neutral testimony on HB 2436(Attachment5); as did Eric Stafford, Vice President of Government Affairs, Kansas Chamber, (Attachment6); and Michael Murray, Executive Director, Kansas Credit Union Association, (Attachment7). Some questions presented to the neutral conferees.

Neutral-written only testimony on HB 2436 was provided by Scott Heidner, Executive Director, American Council of Engineering Companies of Kansas, (Attachment8); and Scot Kibbe, Vice President Government Relations, American Property Casualty Insurance Association, (Attachment9).

Opponent - Chair Hoheisel recognized Alan D. Conroy, Executive Director, KPERS who provided opponent testimony, on behalf of the KPERS Board of Trustees, on HB 2436, (Attachment10); along with Ernie Claudel, Lobbyist, Chair and Co-Chair of the Kansas Coalition of Public Retirees and Kansas Association of Retired School Personnel, (Attachment11); Zack Pistora, Lobbyist, Kansas Sierra Club, (Attachment12); and Tim Graham, Director of Government Relations, KNEA, (Attachment13) . Some questions presented to the opponent conferees.

Opponent-written only testimony on HB 2436 was provided by John Goodyear, General Counsel, The League of Kansas Municipalities, (Attachment14); and Michael Koss, Deputy City Attorney, City of Overland Park, (Attachment15).