Sub 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.
Bill Progress
Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor
House of Origin (House)
Second House (Senate)
To the Governor
Versions
Enrolled
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.
As Amended by Senate Committee
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.
Sub
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.
As Introduced
Authorizing 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 municipal bond proceeds and governmental unit deposits to be invested at a rate agreed upon by the governmental unit and the financial institution, establishing certain public moneys investment rates, 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 with such certification.
Amendments, Committee Reports, & Conference Committee Reports
Committee Reports 2
Legislative History
Testimony & Minutes
Senate · Committee on Financial Institutions and Insurance 12
| Hearing Date | Minutes | Presenter | Organization | Topic | |
|---|---|---|---|---|---|
| Mar 18, 2025 | View | Eileen Ma | Office of the Revisor | Amendment | |
| Mar 17, 2025 | View | John Goodyear | League of Kansas Municipalities | Proponent | |
| Mar 13, 2025 | View | Eileen Ma | Office of the Revisor | Legal Memo | |
| Mar 13, 2025 | View | Shawn Mitchell | Community Bankers Association of Kansas | Proponent | |
| Mar 13, 2025 | View | Tom Pruitt | People's State Bank & Trust Company | Proponent | |
| Mar 13, 2025 | View | Brock Roehler | Office of the State Bank Commissioner | Proponent | |
| Mar 13, 2025 | View | John Goodyear | League of Kansas Municipalities | Proponent | |
| Mar 13, 2025 | View | Eric Stafford | Kansas Chamber | Proponent | |
| Mar 13, 2025 | View | Steven Johnson | Kansas State Treasurer's Office | Proponent | |
| Mar 13, 2025 | View | Alex Orel/Kelly VanZwoll | Kansas Bankers Association | Proponent | |
| Mar 13, 2025 | View | Mark Schifferdecker | Kansas Business Roundtable | Proponent | |
| Mar 13, 2025 | View | Scott Schneider | GNBank | Proponent |
House · Committee on Financial Institutions and Pensions 34
| Hearing Date | Minutes | Presenter | Organization | Topic | |
|---|---|---|---|---|---|
| Mar 3, 2025 | View | David Wiese, Senior Revisor, | Office of Revisor of Statutes, | HB2152 Balloon Amendment | |
| Feb 3, 2025 | View | Shawn Mitchell, President and CEO, | Community Bankers Association of Kansas, | HB2152-Pro | |
| Feb 3, 2025 | View | Tom Pruitt, President and CEO (Retired), | Peoples Bank and Trust Company, McPherson, | HB2152-Pro | |
| Feb 3, 2025 | View | Taggart Wall, City Manager, | City of Winfield, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Kim Rupp, Director of Finance, | City of Hays, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Jeff White, Managing Member, | Columbia Capital Managment, Merriam, | HB2152-Opp | |
| Feb 3, 2025 | View | Michael Ashcraft, County Commissioner, 5th District, | Johnson County Board of County Commissioners, | HB2152-Opp | |
| Feb 3, 2025 | View | Amanda Stanley, City Attorney, | City of Topeka, | HB2152-Opp | |
| Feb 3, 2025 | View | Beth Linn, City Administrator, | City of Edgerton, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Jason Hannaman, Finance Director, City of Prairie Village, | Northeast Johnson County Cities, | HB2152-Opp | |
| Feb 3, 2025 | View | Jay Hall, Deputy Director & General Counsel, | Kansas Association of Counties, | HB2152-Opp | |
| Feb 3, 2025 | View | Michael Koss, City Attorney, | City of Overland Park, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Randy Frazer, City Manager, | City of Arkansas City, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Scott Schneider, Executive Director, | Kansas Business Roundtable, | HB2152-Pro WO | |
| Feb 3, 2025 | View | Richard Mikesic, Finance Director, | Local Government Finance Professional, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Nathan Eberline, Executive Director, | The League of Kansas Municipalities, | HB2152-Opp | |
| Feb 3, 2025 | View | Kiel Mangus, City Manager, | City of Derby, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Brock Roehler, General Counsel, | Office of the State Bank Commissioner, | HB2152-Pro WO | |
| Feb 3, 2025 | View | Tami L. Robison, Finance Director, | Geary County, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Tiffany Ellison, Citizen, | Miami County, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Dr. Emily Breit, Ph.D., Policy Follow, | Docking Institute of Public Affairs, Fort Hays State, | HB2152-Info Report | |
| Feb 3, 2025 | View | Dr. Emily Breit, Ph.D., Policy Fellow, | Docking Institute of Public Affairs, Fort Hays State, | HB2152-Info PowerPoint | |
| Feb 3, 2025 | View | Doug Wareham, President, | Kansas Bankers Association, | HB2152-Pro | |
| Feb 3, 2025 | View | Mark Schifferdecker, Chairman, President & CEO, | GNBank, Girard, | HB2152-Pro | |
| Feb 3, 2025 | View | Don Cawby, Finance Director, | City of Leawood, | HB2152-Opp | |
| Feb 3, 2025 | View | Steven Johnson, Kansas State Treasurer, | Treasurer's Office, | HB2152-Info | |
| Feb 3, 2025 | View | David Wiese, Senior Revisor of Statutes, | Office of Revisor of Statutes, | HB2152-Bill Brief | |
| Feb 3, 2025 | View | Fiscal Note, Adam C. Proffitt, Director of the Budget, | Division of the Budget, | HB2152-Fiscal Note | |
| Feb 3, 2025 | View | Eric Stafford, VP of Govt. Affairs, | Kansas Chamber, | HB2152-Pro WO | |
| Feb 3, 2025 | View | Alex Orel, Sr. VP of Govt. Relations, | Kansas Bankers Association, | HB2152-Pro | |
| Feb 3, 2025 | View | Jamie Robichaud, Economy Director, | City of Olathe, | HB2152-Opp | |
| Feb 3, 2025 | View | Cyndra Kastens, City Administrator, | City of Anthony, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Ryan Baty, Chairman, | Board of County Commissioners of Sedgwick County, | HB2152-Opp WO | |
| Feb 3, 2025 | View | Trish Giordano, Commissioner District #1, | Office of County Commissioners, Geary County, | HB2152-Opp WO |