2023-2024
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Oct. 2, 2023
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House Status:
Adjourned until Monday, January 08, 2024 at 02:00 p.m.
Senate Status:
Adjourned until Monday, January 08, 2024 at 02:00 p.m.
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Financial Institutions and Insurance
Senate Committee on Financial Institutions and Insurance
Committee Assistant: Suzanne Nelson 785-296-7367
suzanne.nelson@senate.ks.gov
Meeting Day: Daily Time: 9:30 am Location: 546-S
Room 546-S Audio Stream
Agendas & Minutes
Committee Documents
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2023 Action Index
Bills, Resolutions and Appointments
Bills In Committee
SB16 - Discontinuing certain exemptions from the pharmacy benefits manager act.
SB51 - Authorizing the state bank commissioner to accept state and national criminal history record checks from private entities.
SB62 - Enacting the protect vulnerable adults from financial exploitation act, requiring reporting of instances of suspected financial exploitation under certain circumstances and providing civil and administrative immunity to individuals who make such reports.
SB76 - Providing for an exemption from continuing education licensure requirements for certain insurance producers.
SB199 - Authorizing the state banking board to deny, suspend or revoke a charter of a fiduciary financial institution in certain circumstances, requiring fiduciary financial institutions to purchase a surety bond and establishing a civil money penalty for violations of the technology-enabled fiduciary financial institutions act.
SB204 - Replacing the definition of "charitable beneficiaries" with "qualified charities" in the technology-enabled fiduciary financial institutions act.
SB236 - Requiring drug manufacturers to provide pricing under the federal 340B drug pricing program to pharmacies that enter into contractual agreements with entities covered under the 340B program and prohibiting pharmacy benefits managers from denying patients the freedom to use the pharmacy and healthcare provider of such patient's choice.
SB245 - Enacting the commercial financing disclosure act, requiring certain disclosures when making commercial financing product transactions, requiring registration with state bank commissioner, obtaining a surety bond, providing for civil penalties and rules and regulations by the commissioner and authorizing enforcement of such act by the attorney general.
SB256 - Providing KPERS 3 members an additional interest credit of 1% for calendar year 2023.
SB302 - Suspending fidfin transactions, custodial services and trust business of technology-enabled fiduciary financial institutions until the legislature expressly consents to and approves such activities by an act of the legislature and requiring the legislature to conduct a forensic audit of technology-enabled fiduciary financial institutions.
HB2105 - Enacting the Kansas earned wage access services act, establishing requirements, duties and prohibitions for persons engaged in earned wage access services and providing for the administration of such act by the office of the state bank commissioner.
HB2247 - Authorizing any person to become a bank depositor or safe deposit box leaseholder, providing methods in which bank deposits may be withdrawn and prohibiting banks from requiring a cosigner for an account of certain minors in the custody of the secretary for children and families, secretary of corrections or a federally recognized Indian tribe.
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Sponsored Bills
SB14 - Updating the version of risk-based capital instructions in effect.
SB15 - Removing the requirement of a documented written demand for premiums as part of a prima facie case against agents or brokers who fail to pay premiums due.
SB16 - Discontinuing certain exemptions from the pharmacy benefits manager act.
SB17 - Expanding the use of bond proceeds under the Kansas reinvestment housing incentive district act and the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act.
SB18 - Adding certain legal entities to the definition of "person" thereby making such entities subject to penalties for violations of insurance law.
SB19 - Requiring certain premium taxes to be paid 90 days after each calendar year and basing such premium taxes upon the gross premiums collected for the previous calendar year.
SB24 - Changing the required number of employees contained in the definitions of "large employer" and "small employer" for purposes of coverage for autism spectrum disorder.
SB25 - Making and concerning appropriations for fiscal years 2023, 2024, 2025, 2026, 2027 and 2028 for various state agencies; constituting the omnibus reconciliation spending limit bill for the 2023 regular session.
SB26 - Creating a civil cause of action against a physician who performs childhood gender reassignment service and requiring revocation of a physician's license who performs childhood gender reassignment service.
SB27 - Authorizing the commissioner of insurance to set the amount of certain fees.
SB28 - Discontinuing payments to certain group-funded insurance pools, refunding existing balances thereof and abolishing such funds and establishing the group-funded pools refund fund.
SB44 - Enacting the Kansas financial institutions information security act.
SB51 - Authorizing the state bank commissioner to accept state and national criminal history record checks from private entities.
SB62 - Enacting the protect vulnerable adults from financial exploitation act, requiring reporting of instances of suspected financial exploitation under certain circumstances and providing civil and administrative immunity to individuals who make such reports.
SB76 - Providing for an exemption from continuing education licensure requirements for certain insurance producers.
SB85 - Enacting the Kansas travel insurance act.
SB104 - Allowing a surcharge when purchases are made with a credit or debit card.
SB119 - Updating certain statutory references contained in chapter 40 of the Kansas Statutes Annotated; specifying certain requirements of documents submitted by medicare provider organizations and health maintenance organizations to demonstrate fiscal soundness; removing the requirement of a documented written demand for premium as part of a prima facie case; adding certain legal entities to the definition of person for purposes of violations of insurance law; and updating the version of risk-based capital instructions in effect.
Click
here
to download a spreadsheet compatible file of Legislator information for this committee.
Chair
Sen. Jeff Longbine
Vice Chair
Sen. Michael Fagg
Ranking Minority Member
Sen. Cindy Holscher
Sen. Jeff Pittman
Members
Senate
Sen. Brenda Dietrich
Sen. Beverly Gossage
Sen. Rick Kloos
Sen. Robert Olson
Sen. Kellie Warren
Staff
Suzanne Nelson - Committee Assistant
Iraida Orr - Legislative Research
Melissa Renick - Legislative Research
Leighann Thone - Legislative Research
Eileen Ma - Office of Revisor of Statutes
Tamera Lawrence - Office of Revisor of Statutes
2023. Powered by KLISS. Rendered: 2023-10-02T18:13:36. Head Rev No: 398204(I)