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AN ACT concerning financial institutions; relating to technology-enabled fiduciary financial institutions; out-of-state financial institutions; imposing certain fiduciary duties and charitable distribution requirements on financial institutions engaging in fiduciary financial institution business; requiring banks to conduct fidfin transactions through a separate department; exempting financial institutions from certain provisions of the technology-enabled fiduciary financial institutions act; establishing fees and assessments; examinations; disclosures to consumers; mandatory reporting of elder abuse; amending K.S.A. 39-1401 and K.S.A. 2021 Supp. 9-2301, 9-2302, 9-2303, 9-2304, 9-2306, 9-2307, 9-2310, 9-2311, 9-2312, 9-2317 and 9-2318 and repealing the existing sections.
(printable version)
Senate - Final Action - Passed as amended; - 03/23/2022
On roll call the vote was:
Yea - (37):
Alley,
Baumgardner,
Billinger,
Bowers,
Claeys,
Corson,
Dietrich,
Doll,
Erickson,
Fagg,
Faust-Goudeau,
Francisco,
Gossage,
Haley,
Hilderbrand,
Holscher,
Kerschen,
Kloos,
Longbine,
Masterson,
O'Shea,
Olson,
Peck,
Petersen,
Pettey,
Pittman,
Pyle,
Ryckman,
Steffen,
Straub,
Suellentrop,
Sykes,
Thompson,
Tyson,
Ware,
Warren,
Wilborn,
Nay - (0):
Present and Passing - (2):
Hawk,
Holland,
Absent and Not Voting - (1):
McGinn,
Not Voting - (0):
