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Minutes for HB2144 - Committee on Judiciary
Short Title
Authorizing modification of a noncharitable irrevocable trust to provide that the rule against perpetuities is inapplicable, providing that the Kansas uniform statutory rule against perpetuities is inapplicable to trusts under certain circumstances and modifying the definition of resident trust in the Kansas income tax act.
Minutes Content for Thu, Mar 23, 2023
Chairwoman Warren opened the hearing on HB2144, Jason Thompson provided an overview of the bill and stood for questions. (Attachment 30)
Will Bergman provided testimony in support of HB2144. He stated that this bill, if passed, will bring more high paying jobs to Kansas, allow for Kansas trust companies to better market themselves nationally, and to help modernize the Kansas Trust Code. (Attachment 31)
Written-only testimony in support of HB2144 was submitted by:
- Joe Karnes, The Trust Division, Kansas Bankers Association (Attachment 32)
Neutral, Written-only testimony for HB2144 was submitted by:
- Joseph Molina, Kansas Bar Association (Attachment 33)
- Christy Molzen. Staff Attorney, Kansas Judicial Council (Attachment 34)
There being no further conferees, the hearing on HB2144 was closed.
