# Kansas SB 375: Enacting the proxy advisor transparency act, requiring proxy advisors to make certain disclosures when recommending an action against company management, authorizing the attorney general to investigate and take enforcement actions against violators and establishing a private right of action for a declaratory judgment or injunctive relief. Kansas SB 375, Enacting the proxy advisor transparency act, requiring proxy advisors to make certain disclosures when recommending an action against company management, authorizing the attorney general to investigate and take enforcement actions against violators and establishing a private right of action for a declaratory judgment or injunctive relief., is a 2025–2026 Regular Session Senate bill sponsored by Committee on Judiciary; status became law, last action 2026-04-09 (Vetoed by Governor; Returned to Senate on Monday, April 6, 2026) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/KS-SB375-2025-2026 - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Kansas SB 375 - State: Kansas - Session: 2025–2026 Regular Session - Title: Enacting the proxy advisor transparency act, requiring proxy advisors to make certain disclosures when recommending an action against company management, authorizing the attorney general to investigate and take enforcement actions against violators and establishing a private right of action for a declaratory judgment or injunctive relief. - Status: became law - Chamber: Senate - Introduced: 2026-01-22 - Last action: 2026-04-09, Vetoed by Governor; Returned to Senate on Monday, April 6, 2026 - Sponsor: Committee on Judiciary - Cosponsors: 0 - Subjects: house committee on financial institutions and pensions, senate committee on judiciary - Touches household money: no - Roll calls: 10 (530 yes, 202 no in all) - Economic provisions PRIA read: 1 ## Summary No summary available. ## Bill overview: provisions PRIA read - Investors get disclosures on shareholder voting advice: benefit, low. Kansas requires covered proxy advisers—firms advising shareholders on votes—to explain recommendations or default voting policies against company management. The rules cover services connected to a company or provided to a person in Kansas. Advisers must identify the service and recommendation when… ## Sponsors and cosponsors - Sponsor: Committee on Judiciary ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-23 | Senate | Yea: 31 Nay: 9 | pass | 31 | 9 | | | 2026-04-23 | Senate | Yea: 87 Nay: 36 | pass | 87 | 36 | | | 2026-04-23 | Senate | Yea: 84 Nay: 40 | pass | 84 | 40 | | | 2026-04-23 | Senate | Yea: 31 Nay: 8 | pass | 31 | 8 | | | 2026-04-23 | Senate | Yea: 32 Nay: 8 | pass | 32 | 8 | | | 2026-04-09 | Senate | Motion to override veto prevailed | pass | 31 | 8 | | | 2026-04-09 | House | Motion to override veto prevailed | pass | 87 | 36 | | | 2026-03-25 | Senate | Concurred with amendments in conference | pass | 32 | 8 | | | 2026-03-18 | House | Emergency Final Action - Passed as amended | pass | 84 | 40 | | | 2026-02-18 | Senate | Emergency Final Action - Passed as amended | pass | 31 | 9 | | ## Actions (25) - 2026-04-09: Vetoed by Governor; Returned to Senate on Monday, April 6, 2026 (Senate) - 2026-04-09: Motion to override veto prevailed; Yea 31, Nay 8, Absent 1 (Senate) - 2026-04-09: Motion to override veto prevailed; Yea 87, Nay 36, Absent 2 (House) - 2026-03-27: Enrolled and presented to Governor on Friday, March 27, 2026 (Senate) - 2026-03-25: Concurred with amendments in conference; Yea 32, Nay 8 (Senate) - 2026-03-23: Nonconcurred with amendments; Conference Committee requested; appointed Sen. Kellie Warren, Sen. Kenny Titus and Sen. Ethan Corson (Senate) - 2026-03-23: Motion to accede adopted; Rep. Nick Hoheisel, Rep. Angela Stiens and Rep. Rui Xu appointed as conferees (House) - 2026-03-18: Committee of the Whole - Committee Report be adopted (House) - 2026-03-18: Committee of the Whole - Be passed as amended (House) - 2026-03-18: Motion to advance to Emergency Final Action adopted (House) - 2026-03-18: Emergency Final Action - Passed as amended; Yea 84, Nay 40, Absent 1 (House) - 2026-03-10: Committee Report recommending bill be passed as amended by House Committee on Financial Institutions and Pensions (House) - 2026-03-04: Hearing: Wednesday, March 4, 2026, 9:00 AM — Room 582-N (House) - 2026-02-24: Received and Introduced (House) - 2026-02-24: Referred to House Committee on Financial Institutions and Pensions (House) - 2026-02-18: Committee of the Whole - Motion to Amend - Offered by Sen. Kellie Warren (Senate) - 2026-02-18: Committee of the Whole - Amendment by Sen. Kellie Warren was adopted (Senate) - 2026-02-18: Committee of the Whole - Motion to Amend - Offered by Sen. Kellie Warren (Senate) - 2026-02-18: Committee of the Whole - Amendment by Sen. Kellie Warren was adopted (Senate) - 2026-02-18: Committee of the Whole - Be passed as amended (Senate) - 2026-02-18: Emergency Final Action - Passed as amended; Yea 31, Nay 9 (Senate) - 2026-02-17: Committee Report recommending bill be passed by Senate Committee on Judiciary (Senate) - 2026-02-10: Hearing: Tuesday, February 10, 2026, 10:30 AM — Room 346-S (Senate) - 2026-01-23: Referred to Senate Committee on Judiciary (Senate) - 2026-01-22: Introduced (Senate) ## Bill text - As Amended by House Committee on Financial Institutions and Pensions: [PDF](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_02_0000.pdf) - As Introduced: [PDF](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_00_0000.pdf) - Enrolled: [PDF](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_enrolled.pdf) - {As Amended by Senate Committee of the Whole}: [PDF](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_01_0000.pdf) ## Related bills - SB 430: Adding mitragynine to schedule I of the uniform controlled substances act and reconciling multiple amendments to certain statutes in the Kansas criminal code. (signed) - SB 82: Providing tax credits for expenditures for lockable gun and ammunition storage and the retail sale of higher ethanol blends of fuel, discontinuing the tax cred… (signed) - SB 300: Providing for the apportionment of business income by manufacturers of alcoholic liquor depending on whether the taxpayer is a qualifying Kansas investor or a… (signed) - HB 2029: Reconciling multiple amendments to certain statutes. (signed) - HB 2018: Senate Substitute for HB 2018 by Committee on Federal and State Affairs - Creating the crime of interference with the conduct of a religious assembly, providin… (became law) - HB 2530: Substitute for HB 2530 by Committee on Education - Providing for the transferability of credentials earned through ACT workkeys career readiness assessments to… (failed) ## Sources - [As Amended by House Committee on Financial Institutions and Pensions (PDF)](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_02_0000.pdf) - [As Introduced (PDF)](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_00_0000.pdf) - [Enrolled (PDF)](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_enrolled.pdf) - [{As Amended by Senate Committee of the Whole} (PDF)](https://www.kslegislature.gov/b2025_26/bills/download/?apn=b2025_26/year2/ready_for_publication/sb_375/sb375_01_0000.pdf) ## Related - [SB 430: Adding mitragynine to schedule I of the uniform controlled substances act and r…](https://policyrisk.com/state-bill/KS-SB430-2025-2026) - [SB 82: Providing tax credits for expenditures for lockable gun and ammunition storage…](https://policyrisk.com/state-bill/KS-SB82-2025-2026) - [SB 300: Providing for the apportionment of business income by manufacturers of alcoholi…](https://policyrisk.com/state-bill/KS-SB300-2025-2026) - [HB 2029: Reconciling multiple amendments to certain statutes.](https://policyrisk.com/state-bill/KS-HB2029-2025-2026) - [HB 2018: Senate Substitute for HB 2018 by Committee on Federal and State Affairs - Creat…](https://policyrisk.com/state-bill/KS-HB2018-2025-2026) - [HB 2530: Substitute for HB 2530 by Committee on Education - Providing for the transferab…](https://policyrisk.com/state-bill/KS-HB2530-2025-2026) - [Kansas bills](https://policyrisk.com/states/kansas/bills) - [Kansas state hub](https://policyrisk.com/states/kansas) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/KS-SB375-2025-2026 (as of 2026-10-19).