SENATE - BILL

SB 25

Enacting the insurance savings account act, allowing individuals and corporations to establish insurance savings accounts with certain financial institutions, providing eligible expenses, requirements and restrictions for such accounts and establishing addition and subtraction modifications under the Kansas income tax act.

Died

Bill Progress

Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor

Version

Bill Fiscal Note
As Introduced

Enacting the insurance savings account act, allowing individuals and corporations to establish insurance savings accounts with certain financial institutions, providing eligible expenses, requirements and restrictions for such accounts and establishing addition and subtraction modifications under the Kansas income tax act.

Requested For

Kansas Insurance Department

Legislative History

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Testimony & Minutes

Senate · Committee on Assessment and Taxation 9
Hearing Date Minutes Presenter Organization Topic PDF
Jan 29, 2025 View Marlee Carpenter KAPCIC SB 25 proponent written
Jan 29, 2025 View Amelia Kovar-Donohue Revisor of Statutes SB 25 revisor's summary
Jan 29, 2025 View Commissioner Vicki Schmidt Ks Dept of Insurance SB 25 proponent in person
Jan 29, 2025 View Cale Beam Kansas Credit Union Association SB 25 proponent in person
Jan 29, 2025 View Alex Orel Kansas Bankers Association SB 25 proponent in person
Jan 29, 2025 View Marlee Carpenter Ks Assoc of Property and Casualty Insurance Companies SB 25 proponent written
Jan 29, 2025 View Elizabeth Smoller Kansas Association of Insurance Agents SB 25 proponent written
Jan 29, 2025 View Ks Dept of Revenue Sb 25 fisal note
Jan 29, 2025 View Kansas Dept of Insurance SB 25 supplemental proponent in person

Identification

Bill No. SB 25
Chamber Senate
Requested By Eric Turek

Sections Affected

Amended

K.S.A. 2024 Supp. 79-32,117 and 79-32,138

Effective Date

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