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HB2044: Providing a income tax subtraction modification for amounts received as compensation for serving in the armed forces and providing that a person shall not lose eligibility for a homestead property tax refund claim or the selective assistance for effective senior relief (SAFESR) income tax credit if the appraised valuation of the homestead subsequently exceeds $350,000 after qualifying in a previous tax year.
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Introduced
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Plain-Language Summary
This bill requires third-party administrators to keep separate accounts for each individual who pays them and disclose if they file for bankruptcy. This ensures that funds are kept separate and secure.
Who This Affects
This affects Kansans who use third-party administrators to manage their payments, such as those with health insurance or employee benefits. It also impacts the administrators themselves, who must comply with these new requirements.
Key Provisions
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Timeline
Introduced
Monday, January 20, 2025
Last Action
House Enrolled and presented to Governor on Friday, April 17, 2026
Apr 9, 2026
Sponsors
No sponsors listed.
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