Kansas SB435 revises procedures for the deposit and investment of public moneys, creates a public moneys fee fund, and modifies investment standards.

Kansas SB435 establishes procedures, standards, and requirements for the deposit and investment of public moneys. It creates the public moneys fee fund and authorizes the state treasurer to assess a fee to operate the public moneys pooled method. The bill also makes appropriations for fiscal year 2027 for the office of the state treasurer and authorizes a transfer from the state general fund to the public moneys fee fund.

Kansas SB435 revises procedures for the deposit and investment of public moneys, creates a public moneys fee fund, and modifies investment standards.

Kansas SB435 establishes procedures, standards, and requirements for the deposit and investment of public moneys. It creates the public moneys fee fund and authorizes the state treasurer to assess a fee to operate the public moneys pooled method. The bill also makes appropriations for fiscal year 2027 for the office of the state treasurer and authorizes a transfer from the state general fund to the public moneys fee fund.