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SB 352KANSASSession 2025-2026State Billdead

Did Not Advance

Kansas Bill Creates Digital Asset Reserve Fund and Sets Abandonment Rules for Cryptocurrency

Original title: AN ACT concerning unclaimed property; relating to digital assets; creating the bitcoin and digital assets reserve fund; providing definitions, procedures and requirements for abandoned digital assets; amending K.S.A. 58-3934, 58-3935, 58-3952 and 58-3955 and repealing the existing sections.

Last action · April 10, 2026: Died in CommitteeSponsor: Craig Bowser

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

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What This Bill Proposed

Senate Bill 352 establishes a state bitcoin and digital assets reserve fund managed by the state treasurer and sets a three-year abandonment period for unclaimed digital assets. The measure outlines procedures for handling s, rewards, and transfers of unclaimed cryptocurrency to qualified custodians.

Why it matters

The measure alters how unclaimed cryptocurrency and virtual currencies are managed and monetized by the state, directing a portion of digital asset deposits to the state general fund while holding rewards for eventual transfer to a specialized reserve fund.

Background

State unclaimed property laws govern how governments handle financial assets and property left inactive or unclaimed by their owners for a specified period. 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.

Directly affected

holders of digital assets

Holders must report, deliver, and maintain records for digital assets subject to unclaimed property rules and transfer them to qualified custodians.

Directly affected

state treasury

The treasury administers the newly created bitcoin and digital assets reserve fund and receives general fund credits from digital asset deposits.

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

When is a digital asset considered abandoned under this measure?

Digital assets are presumed abandoned three years after a written or electronic communication to the owner is returned as undeliverable.

What happens to staking rewards earned on unclaimed digital assets?

rewards and s received by qualified custodians are transferred to the bitcoin and digital assets reserve fund after three years if the underlying property remains unclaimed.

What else do you want to know?

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Where This Stands

This bill did not become law - Died in committee.

Procedural history

5 actions

Apr 10, 2026Senate
Died in Committee
Jan 27, 2026Senate
Hearing: Tuesday, January 27, 2026, 9:30 AM — Room 546-S
Jan 22, 2026SenateCommittee
Referred to Senate Committee on Federal and State Affairs
Jan 22, 2026Senate
Withdrawn from Senate Committee on Financial Institutions and Insurance; Referred to Senate Committee on Financial Institutions and Insurance
Jan 21, 2026SenateIntroduced
Introduced

Version history

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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.

Related Legislation

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