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Bill > HB2590
KS HB2590
KS HB2590Enacting the Kansas community property trust act to authorize the use of community property trusts during the marriage of settlor spouses and amending the Kansas uniform trust code to allow trustees to reimburse settlors of grantor trusts, authorize the use of designated representatives for trusts and permit the terms of a governing instrument to expand, restrict or eliminate certain general rules applicable to fiduciaries, trusts and trust administration.
summary
Introduced
01/29/2026
01/29/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
02/18/2026
02/18/2026
Passed
Dead
Introduced Session
Potential new amendment
2025-2026 Regular Session
Bill Summary
AN ACT concerning trusts; enacting the Kansas community property trust act; authorizing the use of community property trusts during the marriage of settlor spouses; relating to the Kansas uniform trust code; allowing trustees to reimburse settlors of grantor trusts; authorizing the use of designated representatives for trusts; permitting the terms of a governing instrument to expand, restrict or eliminate certain general rules applicable to fiduciaries, trusts and trust administration; amending K.S.A. 58a-505, 58a-813 and 58a-816 and repealing the existing sections.
AI Summary
This bill enacts the Kansas Community Property Trust Act, allowing married couples, referred to as "settlor spouses," to create a "community property trust" during their marriage, which treats their property as jointly owned community property. The act also amends the Kansas Uniform Trust Code to permit trustees of "grantor trusts" (trusts where the grantor retains certain powers or benefits) to reimburse the grantor for income taxes attributable to the trust, allows for the appointment of "designated representatives" to act on behalf of beneficiaries in certain trust matters, and gives settlors more flexibility to define the rules governing fiduciaries, trusts, and their administration, including the ability to expand, restrict, or eliminate general rules applicable to these areas, with the exception of willful misconduct by a fiduciary.
Committee Categories
Business and Industry, Labor and Employment
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Financial Institutions and Pensions (House)
Last Action
Senate Hearing: Thursday, March 5, 2026, 9:30 AM Room 546-S (on 03/05/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://kslegislature.gov/li/b2025_26/measures/hb2590/ |
| Analysis - Supplemental Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/supp_note_hb2590_00_0000.pdf |
| House Committee on Financial Institutions and Pensions Report | https://kslegislature.gov/li/b2025_26/measures/documents/cr_2026_hb2590_h_3575.pdf |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_hb2590_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2590_00_0000.pdf |
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