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HB2281: Establishing the Kanbucks program to authorize the state treasurer to invest in linked deposits with eligible financial institutions to provide linked deposit loans to eligible borrowers and abolishing the Kansas agricultural production, housing, extraordinary utility costs and economic recovery loan deposit programs and the city utility low-interest loan program.
IntroducedHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill creates a new program called Kanbucks, which allows the state treasurer to invest in loans for certain Kansans. It also ends four existing loan programs.
Who This Affects
The Kanbucks program will help eligible borrowers in Kansas get access to loans with lower interest rates. This could benefit low-income families, farmers, and people struggling to pay utility bills.
Key Provisions
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Timeline
Introduced
Tuesday, February 4, 2025
Last Action
House Referred to Committee on Financial Institutions and Pensions
Feb 4, 2025
Sponsors
No sponsors listed.
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