HOUSE - BILL

HB 2235

Updating provisions of the technology-enabled fiduciary financial institutions (TEFFI) act by making the act part of the state banking code, adjusting and providing certain definitions, reducing the TEFFI charter application fee, authorizing the issuance of certificates and trust certificates, providing for the supervision of TEFFIs by the state bank commissioner and including Kansas nonprofit corporations as qualified charities for the TEFFI income tax credit.

Died

Bill Progress

Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor

Version

Bill Fiscal Note
As Introduced

Updating provisions of the technology-enabled fiduciary financial institutions (TEFFI) act by making the act part of the state banking code, adjusting and providing certain definitions, reducing the TEFFI charter application fee, authorizing the issuance of certificates and trust certificates, providing for the supervision of TEFFIs by the state bank commissioner and including Kansas nonprofit corporations as qualified charities for the TEFFI income tax credit.

Legislative History

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Testimony & Minutes

House · Committee on Financial Institutions and Pensions 5
Hearing Date Minutes Presenter Organization Topic PDF
Feb 14, 2025 View Derek Fletcher, President and Chief Fiduciary Officer, Ben-The Beneficient Company Group, LP, HB2235-Pro
Feb 14, 2025 View Alan Deines, Managing Director, Co-Head of Fiduciary Financial Institutions, Ben-The Beneficient Company Group, LP, HB2235-Pro
Feb 14, 2025 View Brock Roehler, General Counsel, Office of the State Bank Commissioner, HB2235-Neu
Feb 14, 2025 View David Wiese, Senior Revisor, Office of Revisor of Statutes, HB2235-Bill Brief
Feb 14, 2025 View Adam C. Proffitt, Director of the Budget, Kansas Division of the Budget, HB2235-Fiscal Note

Identification

Bill No. HB 2235
Chamber House
Requested By Requested by Representative Hoheisel

Sections Affected

Amended

K.S.A. 9-542, 9-2303, 9-2307, 9-2309, 9-2310, 9-2311, 9-2312 and 9-2322 and K.S.A. 2024 Supp. 9-2301 and 79-32,283

Effective Date

This act shall take effect and be in force from and after its publication in the statute book.
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