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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 Wed, Feb 10, 2021

Chair Kelly announced consideration of working SB 15, and recognized David Wiese, Assistant Revisor of Statutes, (remote) who provided a refresher on SB 15.

Chair Kelly recognized Vice Chair Representative Nick Hoheisel.

Representative Nick Hoheisel made a motion to favorably pass SB 15.  The motion was seconded by Ranking Minority Member Representative Rui Xu.

Chair Kelly opened for discussion.

Representative Nick Hoheisel closed on his motion to favorably pass SB 15 and the motion passed on a voice vote.

Recorded favorable vote on SB 15 requested by Representative Hoheisel and Representative Weigel.