← All Bills
SB121: Authorizing the commissioner of insurance to select and announce the version of certain instructions, calculations and documents in effect for the upcoming calendar year and cause such announcement to be published in the Kansas register, allowing certain life insurers to follow health financial reports and adopting certain provisions from the national association of insurance commissioners holding company system regulatory act relating to group capital calculations and liquidity stress testing.
In CommitteeSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill allows the Kansas insurance commissioner to choose which instructions and documents are used for life insurers starting next year. The changes will be published in a state register.
Who This Affects
Life insurance companies operating in Kansas will be affected by this change. Specifically, it will impact Kansans who own or invest in these companies.
Key Provisions
• The commissioner can select the version of instructions and documents to use for the upcoming calendar year.
• The chosen versions will be published in the Kansas register.
• Certain life insurers will be allowed to follow health financial reports.
AI-generated summary · verify with full bill text
Timeline
Introduced
Thursday, January 30, 2025
Last Action
House Motion to accede adopted; Representative Sutton, Representative Bergkamp and Representative Neighbor appointed as conferees
Mar 13, 2025
Sponsors
No sponsors listed.
Track This Bill
Get email alerts when this bill has new action.
Advertisement