Kansas Governor Sam Brownback signed 11 bills into law Friday afternoon, bringing the total number of bills signed by the governor during the 2013 Legislative Session to 46.
· SB 21 amends several firearms-related statutes including authorizing official recognition of any valid concealed carry permit from another state for individuals traveling through or visiting Kansas.
· SB 24 amends certain risk-based capital (RBC) provisions in the Insurance Code to update the specified effective date of risk-based capital instructions and increase an RBC factor associated with a trend test calculation for life and health insurance companies. The new law also updates the effective date specified in current law for the RBC instructions promulgated by the National Association of Insurance Commissioners from the date currently specified, December 31, 2011, to December 31, 2012 and increases one of the RBC calculation factors specified in determining a company action level event for a life and health insurance company from 2.5 to 3.0.
· SB 25 amends certain risk-based capital (RBC) provisions in the Insurance Code to add a calculation provision associated with the determination of a company action level event for health organizations.
· SB 58 restructures penalties for unlawful manufacturing of a controlled substance and clarifies a special sentencing rule for a second or subsequent conviction of the same crime.
· SB 68 allows all locations for driver’s license examinations to be established by the Secretary of Revenue, by removing a requirement that a commercial driver’s license also be issued at certain locations.
· SB 75 prohibits a recycler from purchasing “plastic bulk merchandise containers” without first obtaining certain information about the seller and details about the containers.
· SB 113 amends statutes governing the loan approval process and certain reporting requirements for credit unions.
· SB 118 amends statutes related to missing persons including creating a “high-risk missing person” category.
· SB 135 moves responsibility for administering the Boiler Safety Act to the State Fire Marshal from the Department of Labor.
· SB 139 amends the Kansas Money Transmitter Act to allow money transmitters to submit applications for licensure and allow the Bank Commissioner to request and receive licensure information and report violations of the law and other relevant information through a nationwide multi-state licensing system and registry. The new law also revises and adds definitions in the Act; clarifies licensee activities and authorizes the Commissioner to adopt rules and regulations necessary to implement the Act.
· SB 166 amends the Insurers Supervision, Rehabilitation and Liquidation Act to state no person could be stayed, enjoined, or prohibited from exercising any contractual right to terminate, liquidate, accelerate, or close out of obligations in connection with any netting agreement or qualified financial contract due to certain conditions specified in the bill.
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