KS SB313

Kansas legislators prohibited from acquiring, selling, exchanging, or transferring covered investments from January 1 until adjournment sine die of the regular session, or whenever the legislature is in session

Covered investments include securities, commodities, futures, and derivatives held directly or indirectly through investment funds, trusts, employee benefit plans, or deferred compensation plans

Exemptions provided for diversified mutual funds, diversified exchange-traded funds, U.S. Treasury securities, government employee retirement plans, and spousal/dependent child employment compensation

"Diversified" defined as funds not concentrated in any single industry, business, foreign country, or single state's bonds

Provision added as supplement to Kansas state governmental ethics law, effective upon publication in the statute book