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Read. Follow. Verify.Kansas Legislature updates Technology-Enabled Fiduciary Financial Institutions Act by reducing charter fees and integrating state banking code
Last action · April 10, 2026: Died in Committee
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What This Bill Proposed
House Bill 2235 integrates the s Act into the state banking code, reduces the charter application fee from $250,000 to $50,000 for institutions chartered on or after July 1, 2025, and includes Kansas nonprofit corporations as qualified charities for income tax credits.
Fiduciary financial institutions face altered charter application fees, new annual report deadlines set for March 1, and revised regulatory supervision standards under the state bank commissioner.
- The Technology-Enabled Fiduciary Financial Institutions Act was originally enacted in Kansas to encourage economic development in designated rural economic growth zones through specialized financial institutions. context
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Fiduciary financial institutions
Fiduciary financial institutions experience changes to their charter application fees, annual reporting deadlines, regulatory oversight by the state bank commissioner, and inclusion of Kansas nonprofit corporations as qualified charities.
Office of the State Bank Commissioner
The Office of the State Bank Commissioner is charged with supervising fiduciary financial institutions, collecting fees, and adopting rules and regulations to administer the act.
Kansas nonprofit corporations
Kansas nonprofit corporations are newly included as qualified charities eligible to receive distributions for the fiduciary financial institution income tax credit.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What is the new charter application fee for fiduciary financial institutions under this bill?
When are annual financial reports due for fiduciary financial institutions?
Are Kansas nonprofit corporations eligible to receive distributions for the fiduciary financial institution income tax credit?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died in committee.
Procedural history
5 actions- Apr 10, 2026HouseDied in Committee
- Feb 14, 2025HouseHearing: Friday, February 14, 2025, 9:00 AM — Room 218-N
- Feb 12, 2025HouseHearing: Wednesday, February 12, 2025, 9:00 AM — Room 582-N — CANCELED
- Feb 4, 2025HouseIntroducedIntroduced
- Feb 4, 2025HouseCommitteeReferred to House Committee on Financial Institutions and Pensions
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Integration into State Banking Code
The bill formally incorporates the Technology-Enabled Fiduciary Financial Institutions Act into chapter 9 of the Kansas Statutes Annotated, aligning its oversight more closely with traditional banking laws.
Connected Entities
Sources
www.kslegislature.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 60)
- Controversy15Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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