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HOUSE - BILL

HB 2560

Enacting the Kansas money transmission act and the Kansas earned wage access services act, providing when applications under the state banking code are considered abandoned or expired, allowing an originating trustee to have such trustee's principal place of business outside of Kansas, authorizing any person to become a depositor or lessor of a safe deposit box, providing methods in which bank deposits may be withdrawn by a depositor and prohibiting banks from requiring a cosigner for an account of a child in the custody of the secretary for children and families, secretary of corrections or a federally recognized Indian tribe.

Effective 07-01-2024

Bill Progress

Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor

Versions

Bill Supp. Note Fiscal Note
Enrolled

Enacting the Kansas money transmission act and the Kansas earned wage access services act, providing when applications under the state banking code are considered abandoned or expired, allowing an originating trustee to have such trustee's principal place of business outside of Kansas, authorizing any person to become a depositor or lessor of a safe deposit box, providing methods in which bank deposits may be withdrawn by a depositor and prohibiting banks from requiring a cosigner for an account of a child in the custody of the secretary for children and families, secretary of corrections or a federally recognized Indian tribe.

As Amended by Senate Committee

Providing when applications under the state banking code are considered abandoned or expired and allowing an originating trustee to have such trustee's principal place of business outside of Kansas.

As Introduced

Providing when applications under the state banking code are considered abandoned or expired and allowing an originating trustee to have such trustee's principal place of business outside of Kansas.

vs. Compare

Amendments, Committee Reports, & Conference Committee Reports

Conference Committee Reports 1
Report CCR Brief
Thu, Apr 4, 2024 And the bill be passed as amended.
Committee Reports 2
Committee Report
Senate Committee on Financial Institutions and Insurance Mon, Mar 18, 2024 And the bill be passed as amended.

Legislative History

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Testimony & Minutes

Senate · Committee on Financial Institutions and Insurance 4
Hearing Date Minutes Presenter Organization Topic PDF
Mar 5, 2024 View 2) Brock Roehler, General Counsel Office of the State Bank Commissioner HB2560 Oral Proponent Testimony 20240305
Mar 5, 2024 View 1)David Wiese, Assistant Revisor Kansas Revisor of Statutes Office HB2560 Revisor Memorandum Brief 20240306
Mar 5, 2024 View Joe Karnes, Vice President and Trust Officer, CTFA Legislative Representative, Trust Division, Kansas Bankers Association HB2560 Oral Proponent-Written-only Testimony 20240305
Mar 5, 2024 View Will Bergman, In-House Counsel Midwest Trust Company, Overland Park, KS HB2560 Proponent Testimony 20240305
House · Committee on Financial Institutions and Pensions 5
Hearing Date Minutes Presenter Organization Topic PDF
Feb 5, 2024 View Brock Roehler, General Counsel, Office of the State Bank Commissioner, HB 2560 Pro
Feb 5, 2024 View Adam Proffitt, Director of the Budget, Kansas Division of the Budget, HB 2560 Fiscal Note
Feb 5, 2024 View Will Bergman, In-House Counsel, Midwest Trust Company, HB 2560 Pro
Feb 5, 2024 View Joe Karnes, Vice President and Trust Officer, Trust Division of Kansas Bankers Association, HB 2560 Pro WO
Feb 5, 2024 View David Wiese, Senior Assistant Revisor, Office of Revisor of Statutes, HB 2560 Bill Brief

Identification

Bill No. HB 2560
Chamber House
Requested By Requested by Brock Roehler on behalf of the State Bank Commissioner

Associated Bills

Sections Affected

Amended

K.S.A. 9-535, 9-806, 9-1721 and 9-2107

Effective Date

This act shall take effect and be in force from and after its publication in the statute book.
Refreshing…