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Bill > HB2333


KS HB2333

Renaming the Kansas insurance department as the Kansas department of insurance, the office of the securities commissioner of Kansas as the department of insurance, securities division, the securities commissioner as the department of insurance assistant commissioner, securities division and eliminating the requirement that the senate confirm department of insurance assistant commissioner, securities division appointees.


summary

Introduced
02/07/2025
In Committee
03/11/2025
Crossed Over
02/25/2025
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning insurance; renaming the Kansas insurance department as the Kansas department of insurance; renaming the office of the securities commissioner of Kansas as the department of insurance, securities division; renaming the securities commissioner as the department of insurance assistant commissioner, securities division; eliminating the requirement that the senate confirm the department of insurance assistant commissioner, securities division appointee; amending K.S.A. 2024 Supp. 40-102 and 75-6301 and repealing the existing sections; also repealing K.S.A. 75-6302, 75-6303, 75-6304, 75-6305, 75-6306 and 75-6307.

AI Summary

This bill renames and restructures two state governmental entities related to insurance and securities regulation in Kansas. Specifically, the Kansas insurance department will be renamed the Kansas department of insurance, and the office of the securities commissioner will be renamed the department of insurance, securities division. The bill eliminates the requirement for Senate confirmation of the securities division's leadership, allowing the commissioner of insurance to directly appoint the division's assistant commissioner. All existing powers, duties, and functions of the current entities will transfer to their newly named counterparts, and all existing rules, regulations, orders, and directives will remain in effect until amended or revoked. The changes will take effect on July 1, 2025, and aim to streamline administrative functions by consolidating and cross-appointing employees as needed to improve efficiency. The bill also repeals several existing statutes related to the current organizational structure, signaling a comprehensive reorganization of these regulatory bodies.

Committee Categories

Business and Industry

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Insurance (H)

Last Action

Senate Motion to accede adopted; Senator Dietrich, Senator Fagg and Senator Francisco appointed as conferees (on 03/20/2025)

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