SB 524
Requiring banks to enter into a written agreement with the state treasurer to be a depository of public moneys, increasing the market value of securities necessary to secure the deposit of public moneys, providing procedures for when a depository fails to follow the requirements of the state treasurer, modifying certain definitions, authorizing the state treasurer to assess a fee to operate the public moneys pooled method, creating the public moneys fee fund and providing exceptions to the public moneys pooled method if accounts are subject to conflicting federal law.
Bill Progress
Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor
House of Origin (Senate)
Second House (House)
To the Governor
Versions
As Amended by Senate Committee
Requiring banks to enter into a written agreement with the state treasurer to be a depository of public moneys, increasing the market value of securities necessary to secure the deposit of public moneys, providing procedures for when a depository fails to follow the requirements of the state treasurer, modifying certain definitions, authorizing the state treasurer to assess a fee to operate the public moneys pooled method, creating the public moneys fee fund and providing exceptions to the public moneys pooled method if accounts are subject to conflicting federal law.
As Introduced
Requiring banks to enter into a written agreement with the state treasurer to be a depository of public moneys, increasing the market value of securities necessary to secure the deposit of public moneys, providing procedures for when a depository fails to follow the requirements of the state treasurer, modifying certain definitions, authorizing the state treasurer to assess a fee to operate the public moneys pooled method, creating the public moneys fee fund and providing exceptions to the public moneys pooled method if accounts are subject to conflicting federal law.
Amendments, Committee Reports, & Conference Committee Reports
Committee Reports 1
Legislative History
Testimony & Minutes
Senate · Committee on Financial Institutions and Insurance 5
| Hearing Date | Minutes | Presenter | Organization | Topic | |
|---|---|---|---|---|---|
| Mar 11, 2026 | View | Eileen Ma | Office of the Revisor of Statutes | Amendment | |
| Mar 9, 2026 | View | Sarah Lynch-Chaput | Kansas Bankers Association | Proponent | |
| Mar 9, 2026 | View | Eileen Ma | Office of the Revisor of Statutes | Legal Memo | |
| Mar 9, 2026 | View | Steven Johnson | Office of the State Treasurer | Proponent | |
| Mar 9, 2026 | View | Jay Emler | Office of the State Treasurer | Proponent |