KansasSB 1392025–2026 Regular SessionSenateWALLET

Updating certain definitions, terms and conditions relating to the state banking code.

Sponsored By: Committee on Financial Institutions and Insurance

Signed by Governor

house committee on financial institutions and pensionssenate committee on financial institutions and insurance

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Bill Overview

Analyzed Economic Effects

7 provisions identified: 3 benefits, 2 costs, 2 mixed.

Companies get hearings on bank control

Companies must receive notice when the Kansas banking commissioner determines they may control a bank or another company's policies or management. They also get a chance for a hearing under the Kansas Administrative Procedure Act.

Merged banks lose charters next business day

An approved merger may end the separate existence of a bank or trust company. When it does, that institution's charter becomes void the next business day after the merger is completed.

More institutions can advertise financial services

Entities with federally insured deposits and a Kansas, other state, or federal charter can advertise banking services without Kansas commissioner authority. Federally insured banks and credit unions can also advertise trust services without that authority. Another state or the federal government must authorize them to conduct trust business in Kansas.

Banks must report leadership changes sooner

Kansas banks and trust companies must report newly appointed chief executives, presidents, and directors before they start their duties. Reports must include each person's past and current business and professional ties. Institutions must report voluntary or involuntary departures from these roles within five business days. They must also file an oath within 15 days after an officer or director is elected. The commissioner may require electronic oath filing.

Out-of-state trust companies face stricter standards

The commissioner can require out-of-state trust companies to meet the stricter of two sets of requirements. These are Kansas banking rules and their home state's requirements for Kansas trust companies doing business there. This authority applies to companies operating or seeking to operate in Kansas.

Trust offices face notices, wider move exemptions

Trust companies applying to open, operate, or move a trust service office must publish daily notice for two consecutive weeks. The public must have at least 10 days to comment after the second publication. Companies can ask the commissioner to exempt moves of less than 10 miles, up from less than one mile. Approval of the exemption is discretionary. Exempt companies must document board approval and all other required regulatory approvals.

Trustee changes get tiered paperwork rules

Applications to replace a trustee generally no longer need certified board action or proof of publication. Those documents are required when the originating trustee or financial institution transfers more than 50% of its total fiduciary accounts. For those transfers, notice must run every day for two consecutive weeks. The comment period must last at least 10 days after the second publication.

Sponsors & Cosponsors

Sponsor

  • Committee on Financial Institutions and Insurance

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 648 • No: 0

Senate vote • 4/23/2026

Yea: 40 Nay: 0

Yes: 40 • No: 0

Senate vote • 4/23/2026

Yea: 122 Nay: 0

Yes: 122 • No: 0

Senate vote • 4/23/2026

Yea: 122 Nay: 0

Yes: 122 • No: 0

Senate vote • 4/23/2026

Yea: 40 Nay: 0

Yes: 40 • No: 0

Senate vote • 3/26/2025

Conference Committee Report was adopted

Yes: 40 • No: 0

House vote • 3/25/2025

Conference Committee Report was adopted

Yes: 122 • No: 0

House vote • 3/17/2025

Final Action - Passed as amended

Yes: 122 • No: 0

Senate vote • 2/19/2025

Emergency Final Action - Passed

Yes: 40 • No: 0

Actions Timeline

  1. Enrolled and presented to Governor on Friday, April 4, 2025

    4/10/2025Senate
  2. Approved by Governor on Tuesday, April 8, 2025

    4/8/2025Senate
  3. Conference Committee Report was adopted; Yea 40, Nay 0

    3/26/2025Senate
  4. Conference committee report now available

    3/25/2025House
  5. Conference Committee Report was adopted; Yea 122, Nay 0, Absent 3

    3/25/2025House
  6. Motion to accede adopted; Rep. Nick Hoheisel, Rep. Angela Stiens and Rep. Rui Xu appointed as conferees

    3/19/2025House
  7. Nonconcurred with amendments; Conference Committee requested; appointed Sen. Brenda Dietrich, Sen. Michael Fagg and Sen. Marci Francisco

    3/18/2025Senate
  8. Final Action - Passed as amended; Yea 122, Nay 0, Absent 3

    3/17/2025House
  9. Committee of the Whole - Committee Report be adopted

    3/14/2025House
  10. Committee of the Whole - Be passed as amended

    3/14/2025House
  11. Committee Report recommending bill be passed as amended by House Committee on Financial Institutions and Pensions

    3/10/2025House
  12. Hearing: Wednesday, March 5, 2025, 9:00 AM — Room 582-N

    3/5/2025House
  13. Received and Introduced

    2/20/2025House
  14. Referred to House Committee on Financial Institutions and Pensions

    2/20/2025House
  15. Committee of the Whole - Be passed

    2/19/2025Senate
  16. Emergency Final Action - Passed; Yea 40, Nay 0

    2/19/2025Senate
  17. Committee Report recommending bill be passed by Senate Committee on Financial Institutions and Insurance

    2/17/2025Senate
  18. Hearing: Wednesday, February 12, 2025, 9:30 AM — Room 546-S

    2/12/2025Senate
  19. Hearing: Tuesday, February 11, 2025, 9:30 AM — Room 546-S

    2/11/2025Senate
  20. Referred to Senate Committee on Financial Institutions and Insurance

    2/3/2025Senate
  21. Introduced

    1/31/2025Senate

Bill Text

  • As Amended by House Committee on Financial Institutions and Pensions

  • As Introduced

  • Enrolled

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