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Minutes for SB25 - Committee on Assessment and Taxation
Short Title
Enacting the insurance savings account act, allowing individuals and corporations to establish insurance savings accounts with certain financial institutions, providing eligible expenses, requirements and restrictions for such accounts and establishing addition and subtraction modifications under the Kansas income tax act.
Minutes Content for Wed, Jan 29, 2025
Amelia Kovar-Donohue provided a summary of the bill.(Attachment 1)
Proponent in person testimony: Commissioner Vicki Schmidt, Kansas Department of Insurance (Attachment 2)
Cale Beam, Kansas Credit Union Association (Attachment 3)
Alex Orel, Kansas Bankers Association (Attachment 4)
Proponent written testimony: Marlee Carpenter, Kansas Association of Property and Casualty Insurance Companies (Attachment 5)
Elizabeth Smoller, Kansas Association of Insurance Agents (Attachment 6)
Opponent in person testimony: None
Opponent written testimony: None
Neutral in person testimony:None
Neutral written testimony: None
The hearing on SB25 was closed.
