2023-2024
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Dec. 7, 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 Pensions
House Committee on Financial Institutions and Pensions
Committee Assistant: Rich Mergen 785-296-7689
Rich.Mergen@House.ks.gov
Meeting Day: Mon/Wed Time: 9:00 am Location: 582-N
Room 582-N Audio Stream
Agendas & Minutes
Committee Documents
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2023 Action Index
2023 Action Index
Bills, Resolutions and Appointments
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Bills In Committee
SB37 - Expanding the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act.
SB291 - Enacting the Kansas public investments and contracts protection act concerning environmental, social and governance (ESG) criteria, prohibiting the state and political subdivisions from giving preferential treatment to or discriminating against companies based on such ESG criteria in procuring or letting contracts, requiring KPERS fiduciaries to act solely in the financial interest of the participants and beneficiaries of the system, restricting state agencies from adopting ESG criteria or requiring any person or business to operate in accordance with such criteria, directing registered investment advisers to provide ESG criteria notice to clients and providing for enforcement of such act by the attorney general.
HB2008 - Providing membership in the KP&F retirement system for certain security officers of the department of corrections and allowing certain service credit purchases of previous KPERS security officer service for purposes of KP&F retirement benefits.
HB2025 - Authorizing a self-funded cost-of-living adjustment retirement benefit option for certain KPERS members.
HB2085 - Including juvenile corrections officers in the definition of "security officer" for purposes of the KPERS correctional employees group.
HB2101 - Regulating contract for deed transactions, authorizing recording of contract for deeds or affidavits of equitable interest, listing deceptive practices constituting violations of the consumer protection act, requiring notice to the buyer of default and allowing buyers to cure such default.
HB2103 - Eliminating the statutory 15% alternative investment limit for the KPERS fund and requiring the KPERS board to establish an alternative investment percentage limit.
HB2193 - Concerning the investment of state moneys; reestablishing the provisions of law authorizing the state treasurer to certify and transfer a portion of state moneys, equivalent to the aggregate net amount received for unclaimed property, available for investment to the KPERS board of trustees.
HB2241 - Increasing the amount charged per annum on closed end credit consumer loans.
HB2242 - Providing restrictions, lender reporting and other requirements for alternative small installment loans made under the UCCC.
HB2243 - Enacting the protect vulnerable adults from financial exploitation act.
HB2252 - Providing a postretirement cost-of-living adjustment for certain KPERS retirants.
HB2320 - Enacting the commercial property assessed capital enhancement or C-PACE act, requiring the department of commerce to designate or establish a C-PACE board, providing for assessment contracts between C-PACE lenders and property owners and establishing rights, duties and responsibilities of mortgage lenders.
HB2321 - Enacting the Kansas work and save program act, allowing certain individuals to contribute to individual retirement accounts and providing administrative duties and powers of the state treasurer regarding such program.
HB2365 - Terminating the KPERS 3 cash balance plan and transferring the members of such plan to the KPERS 2 plan.
HB2428 - Providing membership in the Kansas police and firemen's retirement system for certain security officers of the department of corrections and for certain law enforcement officers and employees of the Kansas department of wildlife and parks.
Resolutions In Committee
HCR5014 - Directing the joint committee on fiduciary financial institutions oversight to study and draft legislation relating to environmental, social and governance standards.
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Sponsored Bills
HB2101 - Regulating contract for deed transactions, authorizing recording of contract for deeds or affidavits of equitable interest, listing deceptive practices constituting violations of the consumer protection act, requiring notice to the buyer of default and allowing buyers to cure such default.
HB2102 - Making appropriations for FY 2023 for the state treasurer for the repurchase of certain KPERS pension obligation revenue bonds.
HB2103 - Eliminating the statutory 15% alternative investment limit for the KPERS fund and requiring the KPERS board to establish an alternative investment percentage limit.
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.
HB2133 - Providing that fiduciary financial institutions shall be overseen, supervised and examined by the office of the state bank commissioner as a chartered trust company, allowing a fiduciary financial institution to refer to itself as a trust company in legal or regulatory filings or disclosures to existing or prospective customers or investors and authorizing a fiduciary financial institution to exercise fiduciary powers and full trust powers and to engage as a trust company under state and federal law.
HB2195 - Increasing the amount of retirant compensation subject to the statutory employer contribution rate to the first $50,000 of compensation earned by a retirant in a calendar year and for a period commencing July 1, 2023, and ending December 31, 2024, requiring participating employers to pay only the statutory employer contribution rate on all compensation of a retirant employed in a covered position.
HB2196 - Providing membership affiliation in the Kansas police and firemen's retirement system for certain law enforcement officers and employees of the Kansas department of wildlife and parks, expanding deferred retirement option program (DROP) membership to all Kansas police and firemen's retirement system members and extending the expiration date on DROP.
HB2197 - Providing a procedure for the distribution of a first-time home buyer savings account balance upon the death of an account holder, changing the term "transfer on death" to "payable on death" and resolving a conflict when beneficiaries differ on a financial institution's account records and tax forms required by the secretary of revenue.
HB2198 - Providing membership affiliation in the Kansas police and firemen's retirement system for certain law enforcement officers and employees of the Kansas department of wildlife and parks.
HB2241 - Increasing the amount charged per annum on closed end credit consumer loans.
HB2242 - Providing restrictions, lender reporting and other requirements for alternative small installment loans made under the UCCC.
HB2243 - Enacting the protect vulnerable adults from financial exploitation act.
HB2252 - Providing a postretirement cost-of-living adjustment for certain KPERS retirants.
HB2272 - Establishing a KPERS working after retirement exemption for retirants employed by a community developmental disability organization in a licensed professional nurse, licensed practical nurse or direct support position.
HB2320 - Enacting the commercial property assessed capital enhancement or C-PACE act, requiring the department of commerce to designate or establish a C-PACE board, providing for assessment contracts between C-PACE lenders and property owners and establishing rights, duties and responsibilities of mortgage lenders.
HB2321 - Enacting the Kansas work and save program act, allowing certain individuals to contribute to individual retirement accounts and providing administrative duties and powers of the state treasurer regarding such program.
Click
here
to download a spreadsheet compatible file of Legislator information for this committee.
Chair
Rep. Nick Hoheisel
Vice Chair
Rep. Bill Clifford
Ranking Minority Member
Rep. Rui Xu
Members
House
Rep. Michael Dodson
Rep. Owen Donohoe
Rep. Bob Lewis
Rep. Angela Martinez
Rep. Carl Maughan
Rep. Lance W. Neelly
Rep. Mari-Lynn Poskin
Rep. Tom Sawyer
Rep. Rebecca Schmoe
Rep. Chuck Smith
Rep. Mike Thompson
Rep. Virgil Weigel
Rep. Gary White
Rep. Laura Williams
Staff
Rich Mergen - Committee Assistant
Melissa Renick - Legislative Research
Steven Wu - Legislative Research
David Wiese - Office of Revisor of Statutes
Carly Humes - Office of Revisor of Statutes
2023. Powered by KLISS. Rendered: 2023-12-07T18:26:24. Head Rev No: 495625(I)