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April 20, 2025
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Minutes for HB2128 - Committee on Financial Institutions and Insurance

Short Title

Authorizing the commissioner of insurance to select and announce the version of certain instructions, calculations and documents in effect for the upcoming calendar year and cause such announcement to be published in the Kansas register, allowing certain life insurers to follow health financial reports and adopting certain provisions from the national association of insurance commissioners holding company system regulatory act relating to group capital calculations and liquidity stress testing.

Minutes Content for Tue, Mar 18, 2025

HB2128 was brought forward by Chairperson Dietrich to seek the will of the Committee. Revisor Eileen Ma gave a brief summary of the bill. An amendment was requested by the Department of Insurance that would exempt certain entities from regulation by the State as health benefit plans. (Attachment 2)

     Senator Francisco moved the amendment. Senator Fagg seconded. Motion passed.

Senator Fagg offered an amendment to change the effective date of the bill. (Attachment 3)

     Senator Fagg moved the amendment. Senator Rose seconded. Motion passed.

     Senator Gossage moved to pass out HB2128 favorably as amended. Senator Rose seconded. Motion passed.