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May 14, 2025
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House Committee on Financial Institutions and Pensions

  • Committee Assistant: Rich Mergen 785-296-7689
  • [email protected]

  • To request committee agendas or submit testimony please email [email protected]. All testimony submissions must be in pdf format.

    • Meeting Day: Mon/Wed Time: 9:00 am Location: 582-N

    Room 582-N Audio Stream

    Bills, Resolutions and Appointments

    Bills In Committee
    HB2006 - Providing membership in the KP&F retirement system for certain security officers of the department of corrections and allowing certain service credit purchases of previous KPERS security officer service for purposes of KP&F retirement benefits.
    HB2008 - Modifying the definition of security officer to include certain juvenile corrections officer positions for purposes of the KPERS correctional employees group.
    HB2089 - Enacting the consumer inflation reduction and tax fairness act and exempting the portion of a credit card transaction constituting a tax or gratuity from assessment of the fee charged by the card issuer.
    HB2129 - Transferring teachers from the KPERS 3 cash balance plan to the KPERS 2 plan and defining teachers for purposes of KPERS.
    HB2130 - Authorizing retirement and disability benefits under KPERS, KP&F and the retirement system for judges to be paid on either a biweekly or monthly basis at the option of a member or recipient.
    HB2194 - Providing a KPERS working after retirement exemption from the employer contribution rate for retirants who are employed as teachers by a school district in a position for which a certificate to teach is required.
    HB2235 - 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.
    HB2281 - Establishing the Kanbucks program to authorize the state treasurer to invest in linked deposits with eligible financial institutions to provide linked deposit loans to eligible borrowers and abolishing the Kansas agricultural production, housing, extraordinary utility costs and economic recovery loan deposit programs and the city utility low-interest loan program.
    HB2298 - Transferring $1,000,000,000 from the budget stabilization fund to the liability reduction fund of KPERS, using a portion of the interest earnings of the liability reduction fund to provide a 2% COLA for retirants who have been retired for more than 5 years, transferring annually certain amounts from the state general fund to the budget stabilization fund and establishing requirements for the expenditure or transfer of moneys from the budget stabilization fund.
    HB2337 - Imposing a fee on each international transaction by a money transmitter by wire, allowing the state bank commissioner to assess penalties for the nonpayment of such fee, providing for the distribution of such fee and penalty moneys, establishing the criminal litigation fund, wire transfer fee fund and prosecutor and law enforcement grant fund and creating a misdemeanor crime of unlawful transmission of a wire transfer and providing criminal penalties therefor.
    Sponsored Bills
    HB2086 - Adjusting the KPERS 3 dividend interest credit by lowering the dividend interest credit threshold to 5% and increasing the dividend share to 80%.
    HB2129 - Transferring teachers from the KPERS 3 cash balance plan to the KPERS 2 plan and defining teachers for purposes of KPERS.
    HB2130 - Authorizing retirement and disability benefits under KPERS, KP&F and the retirement system for judges to be paid on either a biweekly or monthly basis at the option of a member or recipient.
    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 financial institution, requiring certification from a governmental unit that deposits in the municipal investment pool fund were first offered to a financial institution in the preceding year and allowing financial institutions to file complaints upon the failure to comply.
    HB2235 - 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.
    HB2281 - Establishing the Kanbucks program to authorize the state treasurer to invest in linked deposits with eligible financial institutions to provide linked deposit loans to eligible borrowers and abolishing the Kansas agricultural production, housing, extraordinary utility costs and economic recovery loan deposit programs and the city utility low-interest loan program.
    HB2282 - Providing that covenants, conditions or restrictions established between January 1, 1948, and December 31, 1958, that restrict the use of real property owned by state educational institutions for only single-family residence purposes and contain discriminatory provisions to restrict ownership or tenancy by race are against public policy and void.
    HB2313 - Prohibiting the use of the artificial intelligence platform DeepSeek and other artificial intelligence platforms of concern on state-owned devices and on any state network.
    HB2337 - Imposing a fee on each international transaction by a money transmitter by wire, allowing the state bank commissioner to assess penalties for the nonpayment of such fee, providing for the distribution of such fee and penalty moneys, establishing the criminal litigation fund, wire transfer fee fund and prosecutor and law enforcement grant fund and creating a misdemeanor crime of unlawful transmission of a wire transfer and providing criminal penalties therefor.
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    • 2025. Powered by KLISS. Rendered: 2025-05-14T03:24:27. Head Rev No: 361026(I)