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Legislative report recommends modernizing linked‑deposit programs and centralized collateral pool

2159242 · January 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A special committee recommended reworking Kansas linked‑deposit loan programs, creating a centralized collateral pool and other statutory changes to modernize the Pooled Money Investment Board (PMIB) and linked deposit programs.

Mike Ditch of the Legislative Research Department briefed the committee on the special committee report regarding centralized pooled collateral, PMIB modernization and linked deposit loan programs.

The special committee recommended two bills: one to…

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