House Committee on Financial Institutions and Pensions 02/16/2025

Committee on Financial Institutions and Pensions · February 16, 2026

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Opening and hearing notice

Presentation

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Chair opened the committee, welcomed guests, and announced the single bill hearing for the day: SB 39, to be introduced by Jason for a brief explanation.

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The Committee on Financial Institutions and Pensions held a hearing on SB 39, the "Kansas Legal Tender Act," which would recognize certain gold and silver (specie) as legal tender in Kansas and remove state capital-gains taxes on such transactions. Proponents said the bill would enable transactional gold/silver and cite similar measures in other states; opponents warned an amendment could subject small dealers to the Kansas Money Transmission Act.

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Transcript

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