SB435

Providing procedures, standards and requirements for the deposit and investment of public moneys, creating the public moneys fee fund and authorizing the state treasurer to assess a fee to operate the public moneys pooled method, making and concerning appropriations for fiscal year 2027 for the office of the state treasurer, authorizing a certain transfer from the state general fund to the public moneys fee fund, modifying investment standards for the board of trustees of the Kansas public employees retirement system of moneys certified by the state treasurer as equivalent to the aggregate net amount received for unclaimed property and authorizing investments in certain foreign governments and the KPERS board of trustees to elect the vice chairperson of the board, requiring newly affiliated KP&F employers to contribute at the actuarial required rate for past and future service and repealing certain working after retirement statutes for state and local elected officials.

Complete·4/9/26

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.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

0
0
Democratic CaucusRepublican Caucus

Roll Call Votes

40 Yea

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0 Nay

Calendar

Mar 4

9:00 AM

House Financial Institutions and Pensions Hearing

Feb 3

9:30 AM

Senate Financial Institutions and Insurance Hearing

History

Apr 9

Senate

Senate Enrolled and presented to Governor on Friday, April 3, 2026

Apr 9

Senate

Senate Approved by Governor on Thursday, April 9, 2026

Mar 27

Senate

Senate Conference Committee Report was adopted; Yea: 40 Nay: 0