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SB300: Providing for the apportionment of business income by manufacturers of alcoholic liquor depending on whether the taxpayer is a qualifying Kansas investor or a general manufacturer and removing obsolete reference to global intangible low-taxed income provided for under the federal internal revenue code in determining Kansas adjusted gross income.

Passed BothSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed

Plain-Language Summary

This bill prevents the state bank commissioner or other state agencies from taking control of a technology-enabled financial institution that goes bankrupt. Instead, it would look for another solution.

Who This Affects

Kansans who use services provided by these institutions, such as trust and estate management, may be affected if their institution becomes insolvent. This could impact individuals, families, or small businesses relying on these services.

Key Provisions

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Timeline

Introduced

Sunday, January 11, 2026

Last Action

Senate Approved by Governor on Monday, April 27, 2026

Apr 9, 2026

Sponsors

No sponsors listed.

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