KansasHB 25402025–2026 Regular SessionHouseWALLET

Exempting contingent deferred annuities from certain requirements of the standard nonforfeiture law for individual deferred annuities act and authorizing the commissioner of insurance to establish nonforfeiture benefits for such contingent deferred annuities through rules and regulations.

Sponsored By: Sponsor information unavailable

Signed by Governor

financial institutions and insuranceinsurance

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

Standard protections cut for some annuities

The law narrows which annuities get Kansas’ standard nonforfeiture protections. It excludes group annuities under employer or union plans (but not IRAs), premium deposit funds, variable, investment, and immediate annuities. It also excludes deferred annuities after payments start, reversionary annuities, and contracts sold outside Kansas. The state also repeals a prior section that set some of these rules.

Contingent annuity protections move to regulation

Contingent deferred annuities are not covered by the state’s standard nonforfeiture rules. The insurance commissioner can set nonforfeiture benefits for these products by regulation. Rules must be fair to policyholders and fit the risks. If you own a contingent deferred annuity, protections now come from the commissioner’s rules, not a fixed statute.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 161 • No: 0

House vote 4/23/2026

Yea: 39 Nay: 0

Yes: 39 • No: 0

House vote 4/23/2026

Yea: 122 Nay: 0

Yes: 122 • No: 0

Actions Timeline

  1. Approved by Governor on Friday, March 20, 2026

    3/23/2026House
  2. Enrolled and presented to Governor on Tuesday, March 17, 2026

    3/17/2026House
  3. Final Action - Passed; Yea: 39 Nay: 0

    3/13/2026Senate
  4. Committee of the Whole - Be passed

    3/12/2026Senate
  5. Committee Report recommending bill be passed by Committee on Financial Institutions and Insurance

    3/9/2026Senate
  6. Hearing: Wednesday, February 25, 2026, 9:30 AM Room 546-S

    2/25/2026Senate
  7. Referred to Committee on Financial Institutions and Insurance

    2/18/2026Senate
  8. Final Action - Passed; Yea: 122 Nay: 0

    2/17/2026House
  9. Received and Introduced

    2/17/2026Senate
  10. Committee Report recommending bill be passed and placed on Consent Calendar by Committee on Insurance

    2/11/2026House
  11. Hearing: Monday, February 9, 2026, 3:30 PM Room 218-N

    2/9/2026House
  12. Introduced

    1/26/2026House
  13. Referred to Committee on Insurance

    1/26/2026House

Bill Text

Related Bills

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