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Minutes for SB523 - Committee on Ways and Means

Short Title

Authorizing certain transfers from the state general fund to the Kansas public employees retirement fund in fiscal years 2022 and 2023 and requiring state finance council approval for such fiscal year 2023 transfers.

Minutes Content for Tue, Mar 8, 2022

Chairperson Billinger called for final action on SB 523.  David Wiese, Office of the Revisor of Statutes, provided a brief review of the bill.

Chairperson Billinger distributed a balloon amendment and David Wiese discussed the proposed changes.  (Attachment 1)

Alan Conroy, Executive Director, KPERS, responded to questions from Committee members.

Senator Claeys moved, Senator Fagg seconded, adoption of the balloon amendment.  Motion carried.

Senator Claeys moved, Senator Fagg seconded, to recommend SB 523, as amended, favorably for passage.  Motion carried.  Senators McGinn, Hawk and Pettey are recorded as voting no.