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SB301: Authorizing the state bank commissioner to revoke a TEFFI charter, subject to approval by the legislative coordinating council.
IntroducedSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill allows the state bank commissioner to revoke a TEFFI charter, but only after getting approval from the Legislative Coordinating Council. This means that some businesses or organizations might lose their special banking status.
Who This Affects
Kansans who own or work for companies with TEFFI charters could be affected by this bill. If approved, it may change how these businesses operate financially.
Key Provisions
• The state bank commissioner can revoke a TEFFI charter
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Timeline
Introduced
Sunday, January 11, 2026
Last Action
Senate Hearing: Thursday, January 29, 2026, 9:30 AM Room 546-S
Jan 28, 2026
Sponsors
No sponsors listed.
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