← All Bills
SB115: Enacting the Kansas bullion depository act to authorize the state treasurer to establish, administer or contract for the administration of bullion depositories and allowing for state moneys to be deposited in such bullion depositories and invested in specie legal tender.
IntroducedSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill allows the state treasurer to establish or contract for bullion depositories where Kansas funds can be stored and invested in gold and other precious metals.
Who This Affects
Kansas taxpayers and potentially some businesses that deal with gold investments may benefit from this measure.
Key Provisions
• Authorizes the state treasurer to establish or contract for bullion depositories
• Allows Kansas funds to be deposited into these depositories
• Permits investment of state moneys in specie legal tender (gold and other precious metals)
AI-generated summary · verify with full bill text
Timeline
Introduced
Thursday, January 30, 2025
Last Action
Senate Hearing: Thursday, February 12, 2026, 9:30 AM Room 546-S
Feb 11, 2026
Sponsors
No sponsors listed.
Track This Bill
Get email alerts when this bill has new action.
Advertisement