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Minutes for HB2069 - 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, Jan 25, 2021

 

Chair Kelly opened the Hearing on HB 2069, recognized David Wiese, Assistant Revisor of Statutes, who briefed the committee on the bill. (Attachment2)

Proponents - Chair Kelly recognized the following individuals who provided testimony in support of HB 2069.  Alex Orel, Senior Vice President, Kansas Bankers Association, (Attachment3), Kathy Schwerdtfager, Chief Credit Officer, Bank of Tescott (remote), (Attachment4), Scott Schneider, Attorney, on behalf of Adam Mills, President, Kansas Restaurant and Hospitality Association, (Attachment5), Greg Meyer, Ag Producers (remote), (Attachment6), and Shan Hanes, President and CEO, Heartland Tri-State Bank (remote), (Attachment7). A question and answer period followed.

Proponents-written only -   Chair Kelly announced the following individuals / organizations support HB 2069. Aaron Popelka, Vice President, Kansas Livestock Association, (Attachment8), Randy Stookey, Renew Kansas Biofuels Association, (Attachment9), Mark Tomb, Vice President, Governmental Affairs, Kansas Association of Realtors, (Attachment10), Eric Stafford, Vice President, Kansas Chamber, (Attachment11), Dan Murray, Government Affairs, National Federation of Independent Business, (Attachment12).

Netural - Chair Kelly recognized the following individuals who provided neutral testimony on HB 2069.  Lynn Rogers, Kansas State Treasurer (remote), (Attachment13), Stephanie Mullholland, Heartland Credit Union, (Attachment14), Kevin Swayne, High Plains Farm Credit (remote), (Attachment15). A question and answer period followed.

Opponents - Chair Kelly recognized the following individuals who provided testimony opposing HB 2069.  Brandi Miller, President and CEO, Kansas Cooperative council (remote), (Attachment16). A question and answer period followed.

Opponents-written only - Chair Kelly announced the following individuals / organizations who opposed HB 2069.  Jerald Kemmerer, CEO, Pride Ag Resources, (Attachment17), David Cron, CEO, Skyland Co-op, Inc., (Attachment18),  Bob Standage, General Manager, Hi-Plains Co-op, (Attachment19).

Chair Kelly closed the Hearing on HB 2069.

 

The next House Financial Institutions and Rural Development committee meeting is scheduled for Wednesday, January 27, 2021.

Chair Kelly adjourned the meeting at 10:45 am.