SENATE - BILL

SB 435

Providing procedures, standards and requirements for the deposit and investment of public moneys, creating the public moneys fee fund and authorizing the state treasurer to assess a fee to operate the public moneys pooled method, making and concerning appropriations for fiscal year 2027 for the office of the state treasurer, authorizing a certain transfer from the state general fund to the public moneys fee fund, modifying investment standards for the board of trustees of the Kansas public employees retirement system of moneys certified by the state treasurer as equivalent to the aggregate net amount received for unclaimed property and authorizing investments in certain foreign governments and the KPERS board of trustees to elect the vice chairperson of the board, requiring newly affiliated KP&F employers to contribute at the actuarial required rate for past and future service and repealing certain working after retirement statutes for state and local elected officials.

Signed by Governor

Bill Progress

Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor

Versions

Bill Supp. Note Fiscal Note
Enrolled

Providing procedures, standards and requirements for the deposit and investment of public moneys, creating the public moneys fee fund and authorizing the state treasurer to assess a fee to operate the public moneys pooled method, making and concerning appropriations for fiscal year 2027 for the office of the state treasurer, authorizing a certain transfer from the state general fund to the public moneys fee fund, modifying investment standards for the board of trustees of the Kansas public employees retirement system of moneys certified by the state treasurer as equivalent to the aggregate net amount received for unclaimed property and authorizing investments in certain foreign governments and the KPERS board of trustees to elect the vice chairperson of the board, requiring newly affiliated KP&F employers to contribute at the actuarial required rate for past and future service and repealing certain working after retirement statutes for state and local elected officials.

As Amended by House Committee on Financial Institutions and Pensions

Authorizing the KPERS board of trustees to elect the vice chairperson of the board, requiring newly affiliated KP&F employers to contribute at the actuarial required rate for past and future service and repealing certain working after retirement statutes for state and local elected officials.

As Introduced

Authorizing the KPERS board of trustees to elect the vice chairperson of the board, requiring newly affiliated KP&F employers to contribute at the actuarial required rate for past and future service and repealing certain working after retirement statutes for state and local elected officials.

vs. Compare

Amendments, Committee Reports, & Conference Committee Reports

Conference Committee Reports 1
Report CCR Brief
Wed, Mar 25, 2026 And the bill be passed as amended.
Committee Reports 2
Committee Report
House Committee on Financial Institutions and Pensions Tue, Mar 10, 2026 And the bill be passed as amended.

Legislative History

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Testimony & Minutes

Senate · Committee on Financial Institutions and Insurance 2
Hearing Date Minutes Presenter Organization Topic PDF
Feb 3, 2026 View Alan Conroy KPERS Proponent
Feb 3, 2026 View Eileen Ma Office of the Revisor of Statutes Legal Memo
House · Committee on Financial Institutions and Pensions 2
Hearing Date Minutes Presenter Organization Topic PDF
Mar 4, 2026 View Alan Conroy, Executive Director, KPERS, SB435 Proponent
Mar 4, 2026 View Jason Thompson, Senior Assistant Revisor, Office of Revisor of Statutes, SB435 Bill Brief

Identification

Bill No. SB 435
Chamber Senate
Requested By Requested by Alan Conroy on behalf of the Kansas Public Employees Retirement System

Associated Bills

Sections Affected

Amended

K.S.A. 74-4967 and K.S.A. 2025 Supp. 74-4905

Repealed

K.S.A. 74-4915b and 74-4915c

Effective Date

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