HB2430: Enacting the insurance savings account act, allowing individuals and corporations to establish insurance savings accounts with certain financial institutions, providing eligible expenses, requirements and restrictions for such accounts and establishing addition and subtraction modifications under the Kansas income tax act.

IntroducedHouse

Introduced

In Committee

Passed Chamber

Passed Both

Signed

Plain-Language Summary

This bill allows individuals and corporations to open special savings accounts for insurance purposes. These accounts would have specific rules and restrictions.

Who This Affects

This affects Kansas residents who want to save money for future insurance expenses, such as medical bills or property damage. It also impacts businesses that need to set aside funds for insurance costs.

Key Provisions

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Timeline

Introduced

Sunday, January 11, 2026

Last Action

House Hearing: Monday, January 26, 2026, 3:30 PM Room 346-S

Jan 25, 2026

Plain-Language Summary

Who This Affects

Key Provisions

Timeline

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