Senate Committee on Financial Institutions and Insurance 01/27/2026

Senate Committee on Financial Institutions and Insurance · January 27, 2026

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Opening and bill introduction invitation

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Chair opened the meeting, reminded members the bill-introduction deadline is Feb. 2, and announced the hearing for Senate Bill 352, "creating the Bitcoin and digital assets reserve fund and providing definitions, procedures, and requirements for abandoned digital assets."

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Committee hearing on Senate Bill 352 to add digital assets to Kansas unclaimed property law and create a Bitcoin and Digital Assets Reserve Fund; proponents outlined custody, a three-year abandonment rule and a 10% transfer to the general fund, while the state treasurer's office raised fiscal and operational concerns.

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Transcript

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