Senate Committee on Financial Institutions and Insurance 01/22/2026

Senate Committee on Financial Institutions and Insurance · January 22, 2026

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Bill introductions

Presentation

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Chair opened the meeting for bill introductions. An unnamed senator introduced bill 26RS2873, the Kansas Consumer Protection and Accountability Act to regulate pharmacy benefit managers; Eric Turk of the Kansas Department of Insurance introduced 26RS2942 (mammography supplemental/diagnostic screening) and RS26RS3050 (insurance agent licenses). Committee agreed to introduce the bills to the Senate.

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Senate committee on Financial Institutions and Insurance held bill introductions, approved minutes and two agency budgets, voted to freeze a $50 million transfer into the Build Kansas Fund, and heard a KPERS (public pension) presentation reporting strong investment returns and a 74% funded ratio.

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Transcript

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