Loading chat...
KS SB472
Bill
Status
2/4/2026
Primary Sponsor
Financial Institutions and Insurance
Click for details
AI Summary
-
Authorizes the Kansas Commissioner of Insurance to set various securities and insurance-related fees and requires annual publication of these fees in the Kansas Register by December 1 for the following calendar year
-
Establishes fee caps for securities filings (up to $2,500 for exemptions, registrations, and federal covered securities; $5,000 for late filings) and broker-dealer/investment adviser registrations (up to $300 for firms, $100 for individuals)
-
Sets maximum fees for insurance agent examination at $150 per class of insurance and excess lines coverage licenses at $50 for application and renewal
-
Eliminates the 10% credit to the state general fund that fee-funded agencies were previously required to pay as reimbursement for state services, allowing those funds to remain in their respective fee funds
-
Amends multiple Kansas statutes (K.S.A. 17-12a205, 17-12a302, 17-12a305, 17-12a410, 17-12a601, 17-12a605, 75-3170a, and K.S.A. 2025 Supp. 40-241 and 40-246b) to implement these changes
Legislative Description
Authorizing the administrator to set and the commissioner of insurance to cause to be published in the Kansas register certain fees and eliminating the 10% credit to the state general fund required of fee funded agencies as reimbursement for certain services provided by the state.
Last Action
Senate Committee Report recommending bill be passed by Committee on Financial Institutions and Insurance
2/16/2026