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Minutes for SB15 - Committee on Financial Institutions and Rural Development
Short Title
Enacting the Kansas economic recovery loan deposit program, updating field of membership requirements of credit unions and allowing privilege tax deductions on agricultural real estate loans and single family residence loans.
Minutes Content for Mon, Feb 8, 2021
Chair Kelly opened the hearing on SB 15, recognized David Wiese, Assistant Revisor of Statutes, (remote), who briefed the committee on the bill, (Attachment1) Question and answer period followed.
Proponents - Chair Kelly recognized Alex Orel, Senior Vice President, Kansas Bankers Association, who provided testimony in support of SB 15, (Attachment2) . Question and answer period followed.
Proponents-written only - Chair Kelly announced the following individuals / organizations submitted proponent-written only testimony on SB 15: Aaron Popelka, Vice President, Kansas Livestock Association, (Attachment3); Randy Stookey, Renew Kansas Biofuels Association, (Attachment4); Mark Tomb, Vice President, Governmental Affairs, Kansas Association of Realtors, (Attachment5); and Eric Stafford, Vice President, Government Affairs, Kansas Chamber, (Attachment6).
Neutral - Chair Kelly recognized Stephanie Mullholland, Heartland Credit Union, who provided neutral testimony on SB 15, (Attachment7), as did Tom Bruno, Bruno and Associates (no written testimony). Question and answer period followed.
Opponents - None
Opponents-written only - Chair Kelly announced the following individuals / organizations who submitted opponent-written only testimony on SB15: Brandi Miller, President and CEO, Kansas Cooperative Council, (Attachment8); Jerald Kemmerer, CEO, Pride Ag Resources, (Attachment9); David Cron, CEO, Skyland Co-op, Inc., (Attachment10); Bob Standage, General Manager, Hi-Plains Co-op, (Attachment11); and allowed Shahira Stafford, Stafford Consulting, (no written testimony) to further explain the opponents position on the SB 15. Question and answer period followed.
Chair Kelly closed the hearing on SB 15.
