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Minutes for HB2117 - Committee on Commerce
Short Title
Modifying certain business filing and fee requirements for business trusts, foreign corporations and limited partnerships; authorizing professional corporations or limited liability companies formed or organized to render a professional service to participate in transactions under the business entity transactions act; and making certain information provided by registered agents a public record.
Minutes Content for Tue, Mar 4, 2025
Chair Alley opened the hearing on HB2117.
Staff provided a brief overview of the bill. (Attachment 4)
Clayton Barker, Deputy Secretary of State, General Counsel, Office of the Kansas Secretary of State, spoke in favor of the bill. (Attachment 5) The bill as introduced: setting the time for professional employer organization registration expiration, renewal and the filing of audits with the secretary of state, limiting the method of providing surety for professional employer organizations with insufficient working capital to bonds and eliminating a market value measure of the sufficiency of such bonds.
Chair Alley closed the hearing on HB2117.
The next committee meeting is March 5. The meeting was adjourned 1:56 pm.
