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KS SB472
KS SB472Authorizing the administrator to set and the commissioner of insurance to cause to be published in the Kansas register certain fees and eliminating the 10% credit to the state general fund required of fee funded agencies as reimbursement for certain services provided by the state.
summary
Introduced
02/04/2026
02/04/2026
In Committee
02/16/2026
02/16/2026
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2025-2026 Regular Session
Bill Summary
AN ACT concerning the Kansas department of insurance; relating to the powers, duties and responsibilities of the commissioner of insurance; authorizing the commissioner of insurance to set the amount of certain fees; requiring the publication of such fees in the Kansas register; eliminating the 10% credit to the state general fund required of fee agencies as reimbursement for certain services provided by the state; amending K.S.A. 17-12a205, 17-12a302, 17-12a305, 17-12a410, 17- 12a601, 17-12a605 and 75-3170a and K.S.A. 2025 Supp. 40-241 and 40-246b and repealing the existing sections.
AI Summary
This bill authorizes the administrator to set specific fees for various applications and filings related to securities and insurance, and requires the Commissioner of Insurance to publish these fees annually in the Kansas Register, ensuring transparency in fee structures. It also eliminates a 10% credit that fee-funded agencies were previously required to give to the state's general fund as reimbursement for services provided by other state agencies, meaning these agencies will now retain 100% of the fees they collect. This change impacts several existing laws governing securities registration, agent licensing, and other financial regulatory processes.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Financial Institutions and Insurance (Senate)
Last Action
Senate Committee Report recommending bill be passed by Committee on Financial Institutions and Insurance (on 02/16/2026)
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/sb472/ |
| Senate Committee on Financial Institutions and Insurance Report | https://kslegislature.gov/li/b2025_26/measures/documents/cr_2026_sb472_s_3675.pdf |
| Analysis - Supplemental Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/supp_note_sb472_00_0000.pdf |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_sb472_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/sb472_00_0000.pdf |
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