Committee

Kansas Senate Financial Institutions and Insurance Committee

Bill Bill Name Progress Referral Date
HB2042 Requiring title agents to make their audit reports available for inspection instead of submitting such reports annually, requiring the amount of surety bonds filed with the commissioner of insurance to be $100,000, eliminating the controlled business exemption in certain counties. Crossed Over 02/11/2025
HB2043 Requiring agents and insurers to respond to inquiries from the commissioner of insurance within 14 calendar days and authorizing certain rebate pilot programs to exceed one year in duration. Crossed Over 02/11/2025
HB2044 Requiring that third party administrators maintain separate fiduciary accounts for individual payors and not contain funds collected or held on behalf of multiple payors and disclose to the commissioner of insurance any bankruptcy petition filed by or on behalf of such administrator. Crossed Over 02/10/2025
HB2045 Reducing certain license fees and training requirements for child care staff, creating a process for day care facility licensees to apply for temporary waiver of certain statutory requirements, authorizing the secretary of health and environment to develop and operate pilot programs to increase child care availability or capacity, transferring certain child care programs to the Kansas office of early childhood and creating day care licensing duties of the director of early childhood. Signed/Enacted/Adopted 02/10/2025
HB2046 Authorizing insurers to file certain travel insurance policies under the accident and health line of insurance. Crossed Over 02/18/2025
HB2047 Providing for the establishment of an online insurance verification system for the verification of evidence of motor vehicle liability insurance. Crossed Over 02/26/2025
HB2048 Eliminating the requirement that the commissioner submit certain reports to the governor and removing certain specific entities from the definition of person for the purpose of enforcing insurance law. Crossed Over 02/06/2025
HB2049 Updating public adjuster and insurance agent statutes pertaining to suspension, revocation, denial of licensure and licensure renewal. Crossed Over 02/10/2025
HB2050 Authorizing the commissioner of insurance to set the amount of certain fees and cause the publication of such fees in the Kansas register, authorizing the commissioner to reduce the number of board members on certain insurance-related boards, renaming the Kansas insurance department as the Kansas department of insurance, renaming the office of the securities commissioner as the department of insurance, securities division, renaming the securities commissioner as the department of insurance, assi Signed/Enacted/Adopted 02/10/2025
HB2086 Adjusting the KPERS 3 dividend interest credit by lowering the dividend interest credit threshold to 5% and increasing the dividend share to 80%. Crossed Over 02/26/2025
HB2087 Authorizing certain nonadmitted insurers to transact certain business in Kansas and requiring the commissioner of insurance to maintain a list of eligible nonadmitted insurers. Crossed Over 02/26/2025
HB2128 Authorizing the commissioner of insurance to select and announce the version of certain instructions, calculations and documents in effect for the upcoming calendar year and cause such announcement to be published in the Kansas register, allowing certain life insurers to follow health financial reports and adopting certain provisions from the national association of insurance commissioners holding company system regulatory act relating to group capital calculations and liquidity stress testing. Crossed Over 02/26/2025
HB2152 Substitute for HB 2152 by Committee on Financial Institutions and Pensions - Mandating financial institutions to secure governmental unit deposits in excess of the amount insured or guaranteed by the FDIC by utilizing a public moneys pooled method of securities, prohibiting investment advisers that execute bids for the investment of public moneys from managing moneys directly from such bid, allowing governmental unit deposits to be invested at a rate agreed upon by the governmental unit and the Signed/Enacted/Adopted 03/11/2025
HB2245 Transferring officers, employees, powers, duties and functions relating to the state health care benefits program from the division of the state employee health benefits plan of the department of administration to the insurance department, establishing the commissioner of insurance as the chairperson of the Kansas state employees health care commission, providing that all management functions of such commission be administered by the commissioner of insurance and eliminating a pilot program rega Crossed Over 02/26/2025
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. Crossed Over 02/26/2025
HB2334 Enacting the Kansas protected cell captive insurance company act, providing for the redomestication of a foreign or alien captive insurance company and updating certain terms, requirements and conditions of the captive insurance act, reducing insurance company premium tax rates, creating parity between the insurance agent and public adjuster licensing requirements, authorizing insurers to file certain travel insurance policies under the accident and health line of insurance and authorizing the c Signed/Enacted/Adopted 02/26/2025
HCR5013 Urging Congress to give state insurance regulators authority over Medicare Advantage plans. Crossed Over 03/25/2025
SB16 Prohibiting discrimination by financial services companies on the basis of social credit score and requiring registered investment advisers to obtain written consent from clients prior to investing client moneys in mutual funds, equity funds, companies and financial institutions that engage in ideological boycotts. In Committee 01/21/2025
SB20 Reducing the number of board members appointed by the commissioner on certain insurance-related boards and the frequency of the meetings of the committee on surety bonds and insurance. Crossed Over 01/17/2025
SB21 Amending the Kansas parimutuel racing act regarding qualifications for an organization license, the definition of horsemen's associations and horsemen's nonprofit organizations and the distribution of certain tax revenues. Signed/Enacted/Adopted 01/17/2025
SB22 Requiring title agents to make their audit reports available for inspection instead of submitting such reports annually, requiring the amount of surety bonds filed with the commissioner of insurance to be $100,000 and eliminating the controlled business exemption in certain counties. Crossed Over 01/17/2025
SB23 Requiring agents and insurers to respond to inquiries from the commissioner of insurance within 14 calendar days and authorizing certain rebate pilot programs to exceed one year in duration. Crossed Over 01/17/2025
SB24 Expanding the postsecondary educational institutions eligible to participate in the Kansas promise scholarship program and increasing the maximum annual appropriation limit. Vetoed 01/17/2025
SB27 Eliminating the requirement that the commissioner submit certain reports to the governor and removing certain specific entities from the definition of person for the purpose of enforcing insurance law. Crossed Over 01/17/2025
SB28 Updating public adjuster and insurance agent statutes pertaining to suspension, revocation, denial of licensure and licensure renewal. Crossed Over 01/17/2025
SB32 Reducing insurance company premium tax rates and discontinuing remittance and crediting of a portion of the premium tax to the insurance department service regulation fund. Crossed Over 01/17/2025
SB34 Authorizing the KPERS board of trustees to invest in bitcoin exchange-traded products and providing requirements, limitations and definitions regarding such investments. In Committee 01/17/2025
SB39 Establishing the Kansas legal tender act and providing for an income tax subtraction modification for sales of specie. Crossed Over 01/21/2025
SB42 Providing for the establishment of a web-based online insurance verification system for the verification of evidence of motor vehicle liability insurance, eliminating the requirement that the commissioner of insurance submit certain reports to the governor and requiring certain reports be available on the insurance department's website, removing certain entities from the definition of person for the purpose of enforcing insurance law, requiring that third party administrators maintain separate f Signed/Enacted/Adopted 01/22/2025
SB55 Prohibiting the assignment of benefits under certain property and casualty insurance contracts and defining such assignment of benefits as an unfair method of competition and unfair or deceptive act or practice. In Committee 01/23/2025
SB64 Adjusting certain internal KPERS act statutory references, extending the time for filing administrative appeals and updating provisions relating to compliance with the federal internal revenue code. Signed/Enacted/Adopted 01/24/2025
SB115 Enacting the Kansas bullion depository act to authorize the state treasurer to establish, administer or contract for the administration of bullion depositories and allowing for state moneys to be deposited in such bullion depositories and invested in specie legal tender. In Committee 01/31/2025
SB121 Authorizing the commissioner of insurance to select and announce the version of certain instructions, calculations and documents in effect for the upcoming calendar year and cause such announcement to be published in the Kansas register, allowing certain life insurers to follow health financial reports and adopting certain provisions from the national association of insurance commissioners holding company system regulatory act relating to group capital calculations and liquidity stress testing. Crossed Over 01/31/2025
SB139 Updating certain definitions, terms and conditions relating to the state banking code. Signed/Enacted/Adopted 02/03/2025
SB147 Modifying uninsured and underinsured motorist coverage liability limitations for bodily injury or death. In Committee 02/04/2025
SB202 Transferring teachers from the KPERS 3 cash balance plan to the KPERS 2 plan and defining teachers for purposes of KPERS. In Committee 02/06/2025
SB212 Enacting the prescription drug cost and affordability review act to establish the prescription drug pricing board and prescription drug affordability stakeholder council to review the cost of prescription medications and establish upper payment limits for certain prescription drugs. In Committee 02/06/2025
SB232 Modifying investment standards of moneys of the board of trustees of the Kansas public employees retirement system certified by the state treasurer as equivalent to the aggregate net amount received for unclaimed property to authorize investment in certain foreign governments. In Committee 02/07/2025
SB238 Providing a postretirement cost-of-living adjustment for certain KPERS 1 and KPERS 2 retirants and making appropriations for fiscal year 2026 for KPERS to pay the actuarial cost of such cost-of-living adjustment. In Committee 02/07/2025
SB282 Enacting the Kansas retirement investment and savings plan (KRISP) act and establishing terms, conditions, requirements, membership elections, accounts, benefits, contributions and distributions related to such plan. In Committee 03/03/2025
SB284 Enacting the defense of drug delivery act to prohibit manufacturer interference relating to 340B drug distribution. Crossed Over 03/04/2025