Kansas · 2025-2026
SB 524
Requiring banks to enter into a written agreement with the state treasurer to be a depository of public moneys, increasing the market value of securities necessary to secure the deposit of public moneys, providing procedures for when a depository fails to follow the requirements of the state treasurer, modifying certain definitions, authorizing the state treasurer to assess a fee to operate the public moneys pooled method, creating the public moneys fee fund and providing exceptions to the public moneys pooled method if accounts are subject to conflicting federal law.
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
Kansas SB 524 requires banks to enter written agreements with the state treasurer to serve as depositories of public moneys and increases the market value of securities needed to secure these deposits. The bill establishes procedures for depositories failing to meet requirements, modifies certain definitions, and authorizes the treasurer to assess fees for operating the public moneys pooled method. Additionally, it creates a public moneys fee fund and provides exceptions to the pooled method for accounts subject to conflicting federal law.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Roll-call votes on this bill
| Question | Chamber | Result | Yea | Nay | Other | Date | Source |
|---|---|---|---|---|---|---|---|
| Senate Emergency Final Action - Passed as amended - Yea: 40 Nay: 0 | upper | pass | 39 | 0 | 0 | Mar 19, 2026 | LegiScan API LegiScan-ToS |