KS HB2770

Expands investment options for the Kansas Health Care Stabilization Fund director by adding authority to invest in any investments authorized for insurance companies under Kansas insurance law (article 2a of chapter 40)

Retains existing authorized investments including U.S. government obligations, repurchase agreements with Kansas banks, commercial paper with top-two credit ratings (up to 270 days maturity), interest-bearing time deposits at Kansas commercial banks, municipal investment pool funds, and top-rated corporate bonds

Requires all investments to comply with policies established by the pooled money investment board and remain consistent with other applicable statutes

Amends K.S.A. 40-3406 and takes effect upon publication in the statute book