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March 21, 2023
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Senate Committee on Financial Institutions and Insurance

  • Committee Assistant: Suzanne Nelson 785-296-7367
  • suzanne.nelson@senate.ks.gov

    • Meeting Day: Daily Time: 9:30 am Location: 546-S

    Room 546-S Audio Stream

    Bills, Resolutions and Appointments

    Sponsored Bills
    SB178 - Providing for trust company charter conversions.
    SB242 - Consolidating certain mortgage lending provisions, removing duplicate provisions from the uniform consumer credit code and incorporating such provisions into the Kansas mortgage business act.
    SB243 - Enacting the peer-to-peer vehicle sharing act to provide insurance, liability, recordkeeping and consumer protection requirements for peer-to-peer vehicle sharing.
    SB244 - Providing for enhanced regulation of pharmacy benefits managers and requiring licensure rather than registration of such entities.
    SB245 - Providing for the financing of electrical corporations through the issuance of securitization bonds.
    SB329 - Authorizing the state treasurer to determine account owners and designated beneficiaries for an ABLE savings account, adding who may open such an account and requiring compliance with the federal internal revenue code.
    SB331 - Updating the version of risk-based capital instructions in effect.
    SB334 - Amending provisions of the technology-enabled fiduciary financial institutions act relating to procedures when undercapitalized or insolvent, fees and assessments, applications, examinations, insurance and capital requirements and disclosures to consumers and requiring such institutions to be mandatory reporters for purposes of elder abuse.
    SB335 - Exempting certain business entities that provide health insurance in the state but are not subject to the jurisdiction of the commissioner of insurance from payment of the annual premium tax.
    SB336 - Updating certain investment limitation requirements to provide increased options for Kansas domiciled life insurance companies investing in equity interests and preferred stock.
    SB337 - Converting the conditional charter issued for the pilot program under the technology-enabled fiduciary financial institutions act to a full fiduciary financial institution charter.
    SB377 - Authorizing technology-enabled fiduciary financial institution insurance companies within the captive insurance act and providing for the requirements and operations thereof.
    SB392 - Terminating the transfer of remaining unencumbered moneys in the securities act fee fund exceeding $50,000 to the state general fund.
    SB399 - Adding maternity centers to the definition of healthcare provider for purposes of the healthcare insurance provider availability act.
    SB400 - Substitute for SB 400 by Committee on Financial Institutions and Insurance - Updating certain requirements and conditions relating to the creation, modification and termination of trusts in the Kansas uniform trust code and updating the definition of resident trust for tax purposes.
    SB401 - Providing an annual KPERS cost-of-living adjustment (COLA) on the occurrence of certain investment returns and increases to the consumer price index as certified by the KPERS board or executive director as designated by the board.
    SB402 - Providing a post-retirement cost-of-living adjustment for certain KPERS retirants.
    SB448 - Adopting the national association of insurance commissioner's amendments to the unfair trade practices act excluding commercial property and casualty insurance producers, brokers and insurers from prohibitions on giving rebates as an inducement to sales.
    SB449 - Providing for an exemption from continuing education licensure requirements for certain insurance producers.
    SB450 - Sub for SB 450 by Committee on Financial Institutions and Insurance: Eliminating the crediting to the Kansas public employees retirement fund of 80% of the proceeds from the sale of surplus real estate, authorizing state educational institutions to sell and convey real property given to such state educational institutions as an endowment, bequest or gift and authorizing the state board of regents to adopt policies relating to such sale and conveyance.
    HB2072 - Senate Substitute for HB 2072 by Committee on Financial Institutions and Insurance - Providing for the Kansas corporation commission to authorize the securitization of certain public utility generating facilities, qualified extraordinary costs and issuance of securitized utility tariff bonds.
    HB2074 - Senate Substitute for HB 2074 by Committee on Financial Institutions and Insurance - Enacting the technology-enabled fiduciary financial institution act, providing requirements, fiduciary powers, duties, functions and limitations for such financial institutions and the administration thereof by the state bank commissioner, creating an income and privilege tax credit for certain qualified distributions from technology-enabled fiduciary financial institutions and the joint committee on fiduciary financial institutions oversight.
  • Click here to download a spreadsheet compatible file of Legislator information for this committee.
    • 2023. Powered by KLISS. Rendered: 2023-03-21T13:16:44. Head Rev No: 891709(E)