Kansas 2023-2024 Regular Session

Kansas House Bill HB2436 Compare Versions

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1-SENATE Substitute for HOUSE BILL No. 2436
2-AN ACT concerning abortion; relating to unlawful coercion to obtain an abortion; creating
3-the crime of coercion to obtain an abortion; providing the penalties therefor;
4-providing for enhanced criminal penalties for offenses committed with the intent to
5-compel a woman to obtain an abortion; amending K.S.A. 21-6804 and repealing the
6-existing section.
1+Session of 2023
2+HOUSE BILL No. 2436
3+By Committee on Appropriations
4+2-22
5+AN ACT concerning environmental, social and governance criteria
6+involving public contracts and investments; enacting the Kansas public
7+investments and contracts protection act; prohibiting the state or a
8+political subdivision from giving preferential treatment to or
9+discriminating against companies based on environmental, social and
10+governance criteria in procuring or letting contracts; requiring
11+fiduciaries of the Kansas public employees retirement system to act
12+solely in the financial interest of participants and beneficiaries of the
13+system; restricting state agencies from adopting environmental, social
14+and governance criteria or requiring any person or business to operate
15+in accordance with such criteria; providing for enforcement of such act
16+by the attorney general; amending K.S.A. 2022 Supp. 74-4921 and
17+repealing the existing section.
718 Be it enacted by the Legislature of the State of Kansas:
8-New Section 1. (a) Coercion to obtain an abortion is engaging in
9-coercion with knowledge that a woman is pregnant and with the intent
10-to compel such woman to obtain an abortion when such woman has
11-expressed her desire to not obtain an abortion.
12-(b) Coercion to obtain an abortion, as defined in subsection (a), is:
13-(1) A person felony, and the offender shall be sentenced to not less
14-than 30 days nor more than one year's imprisonment and fined not less
15-than $500 nor more than $5,000; or
16-(2) if committed by the father or the putative father, who is 18
17-years of age or older at the time of the violation, of the unborn child of
18-a pregnant woman and such pregnant woman is less than 18 years of
19-age at the time of the violation, a person felony, and the offender shall
20-be sentenced to not less than 90 days nor more than one year's
21-imprisonment and fined not less than $1,000 nor more than $10,000.
22-(c) As used in this section:
23-(1) "Abortion" means the same as defined in K.S.A. 65-6701, and
24-amendments thereto;
25-(2) "coercion" means any of the following:
26-(A) Threatening to harm or physically restrain an individual or the
27-creation or execution of any scheme, plan or pattern intended to cause
28-an individual to believe that failure to perform an act would result in
29-financial harm to, or physical restraint of, an individual;
30-(B) abusing or threatening abuse of the legal system, including
31-threats of arrest or deportation without regard to whether the individual
32-being threatened is subject to arrest or deportation under the laws of
33-this state or the United States;
34-(C) knowingly destroying, concealing, removing, confiscating or
35-possessing any actual or purported passport or other immigration
36-document or any other actual or purported government identification
37-document from an individual without regard to whether the documents
38-are fraudulent or fraudulently obtained; or
39-(D) facilitating or controlling an individual's access to a controlled
40-substance, as defined in K.S.A. 65-4101, and amendments thereto,
41-other than for a legitimate medical purpose;
42-(3) "financial harm" means any of the following:
43-(A) Any loan, promissory note or other credit instrument that
44-provides for interest at a rate that is prohibited by state or federal law;
45-(B) any employment contract or other agreement for the payment
46-of wages that violates the wage payment act, K.S.A. 44-313 et seq., and
47-amendments thereto;
48-(C) extortion as defined in K.S.A. 21-6501, and amendments
49-thereto; or
50-(D) any other adverse financial consequence; and
51-(4) "unborn child" means a living individual organism of the
52-species homo sapiens, in utero, at any stage of gestation from
53-fertilization to birth.
54-(d) This section shall be a part of and supplemental to the Kansas
55-criminal code.
56-Sec. 2. K.S.A. 21-6804 is hereby amended to read as follows: 21-
57-6804. (a) The provisions of this section shall be applicable to the
58-sentencing guidelines grid for nondrug crimes. The following
59-sentencing guidelines grid shall be applicable to nondrug felony crimes: SENATE Substitute for HOUSE BILL No. 2436—page 2 SENATE Substitute for HOUSE BILL No. 2436—page 3
60-(b) Sentences expressed in the sentencing guidelines grid for
61-nondrug crimes represent months of imprisonment.
62-(c) The sentencing guidelines grid is a two-dimensional crime
63-severity and criminal history classification tool. The grid's vertical axis
64-is the crime severity scale which classifies current crimes of conviction.
65-The grid's horizontal axis is the criminal history scale which classifies
66-criminal histories.
67-(d) The sentencing guidelines grid for nondrug crimes as provided
68-in this section defines presumptive punishments for felony convictions,
69-subject to the sentencing court's discretion to enter a departure
70-sentence. The appropriate punishment for a felony conviction should
71-depend on the severity of the crime of conviction when compared to all
72-other crimes and the offender's criminal history.
73-(e) (1) The sentencing court has discretion to sentence at any place
74-within the sentencing range. In the usual case it is recommended that
75-the sentencing judge select the center of the range and reserve the upper
76-and lower limits for aggravating and mitigating factors insufficient to
77-warrant a departure.
78-(2) In presumptive imprisonment cases, the sentencing court shall
79-pronounce the complete sentence which shall include the:
80-(A) Prison sentence;
81-(B) maximum potential reduction to such sentence as a result of
82-good time; and
83-(C) period of postrelease supervision at the sentencing hearing.
84-Failure to pronounce the period of postrelease supervision shall not
85-negate the existence of such period of postrelease supervision.
86-(3) In presumptive nonprison cases, the sentencing court shall
87-pronounce the:
88-(A) Prison sentence; and
89-(B) duration of the nonprison sanction at the sentencing hearing.
90-(f) Each grid block states the presumptive sentencing range for an
91-offender whose crime of conviction and criminal history place such
92-offender in that grid block. If an offense is classified in a grid block
93-below the dispositional line, the presumptive disposition shall be
94-nonimprisonment. If an offense is classified in a grid block above the
95-dispositional line, the presumptive disposition shall be imprisonment. If
96-an offense is classified in grid blocks 5-H, 5-I or 6-G, the court may
97-impose an optional nonprison sentence as provided in subsection (q).
98-(g) The sentence for a violation of K.S.A. 21-3415, prior to its
99-repeal, aggravated battery against a law enforcement officer committed
100-prior to July 1, 2006, or a violation of K.S.A. 21-5412(d), and
101-amendments thereto, aggravated assault against a law enforcement
102-officer, which places the defendant's sentence in grid block 6-H or 6-I
103-shall be presumed imprisonment. The court may impose an optional
104-nonprison sentence as provided in subsection (q).
105-(h) When a firearm is used to commit any person felony, the
106-offender's sentence shall be presumed imprisonment. The court may
107-impose an optional nonprison sentence as provided in subsection (q).
108-(i) (1) The sentence for the violation of the felony provision of
109-K.S.A. 21-5414(c)(1)(C), 21-5823(b)(3) and (b)(4), 21-6412 and 21-
110-6416, and amendments thereto, shall be as provided by the specific
111-mandatory sentencing requirements of that section and shall not be
112-subject to the provisions of this section or K.S.A. 21-6807, and
19+New Section 1. (a) The provisions of sections 1 through 5, and
20+amendments thereto, shall be known and may be cited as the Kansas
21+public investments and contracts protection act.
22+(b) As used in this act:
23+(1) "Act" means the Kansas public investments and contracts
24+protection act.
25+(2) "Board" means the board of trustees of the Kansas public
26+employees retirement system.
27+(3) "Company" means any organization, association, corporation,
28+partnership, joint venture, limited partnership, limited liability partnership,
29+limited liability company or other entity of business association, including
30+a wholly owned subsidiary, majority-owned subsidiary, parent company or
31+affiliate of such entities or business associations that exists for the purpose
32+of making a profit.
33+(4) "Environmental, social and governance criteria" means a
34+preferential treatment or a discrimination evaluation conducted by the
35+state, any agency of the state, any political subdivision of the state, or any
36+instrumentality thereof, that considers whether a company meets or fails to
37+meet one or more of the following criteria:
38+(A) Engaging in the exploration, production, utilization,
39+transportation, sale or manufacturing of:
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76+(i) Fossil fuel-based energy;
77+(ii) nuclear energy; or
78+(iii) any other natural resource;
79+(B) engaging in the production of agriculture;
80+(C) engaging in the production of lumber;
81+(D) engaging in mining;
82+(E) emitting greenhouse gases or not disclosing or offsetting such
83+greenhouse gas emissions;
84+(F) engaging in the manufacturing, distribution or sale of firearms,
85+firearms accessories, ammunition or ammunition components;
86+(G) having a governing corporate board or other officers whose race,
87+ethnicity, sex or sexual orientation meets or does not meet any criterion;
88+(H) facilitating or assisting or not facilitating or assisting employees
89+in obtaining abortions or gender reassignment services; and
90+(I) doing business with any company described by subparagraphs (A)
91+through (H).
92+(5) "Fiduciary" means any person acting on behalf of the board or
93+system as an investment manager, proxy advisor or contractor, including
94+the system's board of trustees.
95+(6) "Fiduciary commitment" means any evidence of a fiduciary's
96+purpose in managing assets as a fiduciary, including, but not limited to,
97+any of the following in a fiduciary's capacity as a fiduciary:
98+(A) Advertisements, statements, explanations, reports, letters to
99+clients, communications with portfolio companies, statements of principles
100+or commitments; or
101+(B) participation in, affiliation with or status as a signatory to any
102+coalition, initiative, joint statement of principles or agreement.
103+(7) (A) "Financial" means having been prudently determined by a
104+fiduciary to have a material effect on the financial risk or the financial
105+return of an investment.
106+(B) "Financial" does not include any action taken or factor considered
107+by a fiduciary with any purpose whatsoever to further social, political or
108+ideological interests.
109+(C) A fiduciary may reasonably be determined to have taken an
110+action or considered a factor with a purpose to further social, political or
111+ideological interests based upon evidence indicating such a purpose,
112+including, but not limited to, any fiduciary commitment to further, through
113+portfolio company engagement, board or shareholder votes or otherwise as
114+a fiduciary, any of the following beyond what controlling federal or state
115+law requires:
116+(i) Eliminating, reducing, offsetting or disclosing greenhouse gas
117+emissions;
118+(ii) instituting or assessing corporate board, employment,
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162+composition, compensation or disclosure criteria that incorporates
163+characteristics protected under state law;
164+(iii) divesting from, limiting investment in or limiting the activities or
165+investments of any company for failing or not committing to meet
166+environmental standards or disclosures;
167+(iv) accessing abortion, sex or gender change or transgender surgery;
168+or
169+(v) divesting from, limiting investment in or limiting the activities or
170+investments of any company that engages in, facilitates or supports the
171+manufacture, import, distribution, marketing, advertising, sale or lawful
172+use of firearms, ammunition or component parts and accessories of
173+firearms or ammunition.
174+(8) "Fossil fuels" means coal, natural gas, petroleum or oil formed by
175+natural processes through decomposition of dead organisms.
176+(9) "Natural resources" means fossil fuels, minerals, metal ores or any
177+other nonrenewable or finite resource that cannot be readily replaced by
178+natural means at the speed at which it is consumed.
179+(10) "System" means the Kansas public employees retirement system.
180+New Sec. 2. (a) The state, any agency of the state, any political
181+subdivision of the state, or any instrumentality thereof, including the
182+pooled money investment board established by K.S.A. 75-4221a, and
183+amendments thereto, when engaged in procuring or letting contracts for
184+any purpose, shall ensure that bidders, offerors, contractors or
185+subcontractors are not given preferential treatment or discriminated against
186+based on an environmental, social and governance criteria.
187+(b) The state, any agency of the state, any political subdivision of the
188+state or any instrumentality thereof, including the pooled money
189+investment board established by K.S.A. 75-4221a, and amendments
190+thereto, shall not adopt any procurement regulation or policy that causes
191+any bidder, offeror, contractor or subcontractor to be given preferential
192+treatment or be subject to discrimination based on an environmental, social
193+and governance criteria, except as otherwise specifically permitted or
194+required by law.
195+New Sec. 3. (a) In making and supervising investments of the system,
196+the system and any investment manager, proxy advisor or contractor
197+thereof shall discharge its duties solely in the financial interest of the
198+participants and beneficiaries for the exclusive purposes of:
199+(1) Providing financial benefits to participants and their beneficiaries;
200+and
201+(2) defraying reasonable expenses of administering the system.
202+(b) An investment manager, proxy advisor or contractor retained by
203+the system shall be subject to the same fiduciary duties as the system's
204+board of trustees.
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248+(c) A fiduciary shall consider only financial factors when discharging
249+such fiduciary's duties with respect to the system.
250+(d) All shares held directly or indirectly by or on behalf of the system
251+or the participants and their beneficiaries shall be voted solely in the
252+financial interest of system participants and their beneficiaries.
253+(e) Unless no economically practicable alternative is available, the
254+system shall not grant proxy voting authority to any person who is not a
255+part of the system, unless such person has a practice of, and in writing
256+commits to, follow guidelines that match the system's obligation to act
257+solely upon financial factors.
258+(f) Unless no economically practicable alternative is available, in the
259+selection of any proxy advisor, the system shall give preference to a proxy
260+advisor service that commits in writing to engage in voting shares and
261+making recommendations in a strictly fiduciary manner, and without
262+consideration of policy objectives that are not the express policy objectives
263+of the system.
264+(g) Unless no economically practicable alternative is available,
265+system assets shall not be entrusted to a fiduciary, unless such fiduciary
266+has a practice of, and in writing commits to, following guidelines, when
267+engaging with portfolio companies and voting shares or proxies, that
268+follow the system's obligation to act solely upon financial factors and not
269+upon policy considerations that are not the express policy objectives of the
270+system.
271+(h) Unless no economically practicable alternative is available, an
272+investment manager or contractor shall not adopt a practice of following
273+the recommendations of a proxy advisor or other service provider, unless
274+such advisor or service provider has a practice of, and in writing commits
275+to, following proxy voting guidelines that follow the system's obligation to
276+act solely upon financial factors.
277+(i) All proxy votes shall be tabulated and reported annually to the
278+system's board of trustees and to the legislative coordinating council. For
279+each vote, the report shall contain a vote caption, the system's vote, the
280+recommendation of company management and, if applicable, the proxy
281+advisor's recommendation. Such reports shall be posted on the system's
282+website for review by the public.
283+New Sec. 4. (a) As used in this section, "state agency" means an
284+office, board, commission, department, council, bureau, governmental
285+entity or other agency of state government having authority to adopt or
286+enforce rules and regulations.
287+(b) No state agency shall share or publish information, adopt policies,
288+adopt rules and regulations or issue guidelines for purposes of
289+environmental, social and governance criteria that restrict the ability of any
290+industry to offer products or services. No state agency shall require any
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334+person or business to adopt or operate in accordance with environmental,
335+social and governance criteria.
336+New Sec. 5. (a) This act or any contract subject to this act may be
337+enforced by the attorney general.
338+(b) If the attorney general has reasonable cause to believe that a
339+person has engaged in, is engaging in or is about to engage in a violation
340+of this act, the attorney general may require:
341+(1) Such person to file on such forms as the attorney general may
342+prescribe a statement or report in writing, under oath, as to all the facts and
343+circumstances concerning the violation; and
344+(2) the filing of such other data and information as the attorney
345+general may deem necessary.
346+(c) In addition to any other remedies available at law or equity, an
347+investment manager or contractor of the system that serves as a fiduciary
348+and violates the provisions of section 3, and amendments thereto, shall be
349+obligated to pay damages to the state in an amount equal to three times all
350+moneys paid to the investment manager or contractor by the system for the
351+services of such investment manager or contractor.
352+Sec. 6. K.S.A. 2022 Supp. 74-4921 is hereby amended to read as
353+follows: 74-4921. (1) There is hereby created in the state treasury the
354+Kansas public employees retirement fund. All employee and employer
355+contributions shall be deposited in the state treasury to be credited to the
356+Kansas public employees retirement fund. The fund is a trust fund and
357+shall be used solely for the exclusive purpose of providing benefits to
358+members and member beneficiaries and defraying reasonable expenses of
359+administering the fund. Investment income of the fund shall be added or
360+credited to the fund as provided by law. All benefits payable under the
361+system, refund of contributions and overpayments, purchases or
362+investments under the law and expenses in connection with the system
363+unless otherwise provided by law shall be paid from the fund. The director
364+of accounts and reports is authorized to draw warrants on the state
365+treasurer and against such fund upon the filing in the director's office of
366+proper vouchers executed by the chairperson or the executive director of
367+the board. As an alternative, payments from the fund may be made by
368+credits to the accounts of recipients of payments in banks, savings and loan
369+associations and credit unions. A payment shall be so made only upon the
370+written authorization and direction of the recipient of payment and upon
371+receipt of such authorization such payments shall be made in accordance
372+therewith. Orders for payment of such claims may be contained on:
373+(a) A letter, memorandum, telegram, computer printout or similar
374+writing,; or
375+(b) any form of communication, other than voice, which is registered
376+upon magnetic tape, disc or any other medium designed to capture and
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420+contain in durable form conventional signals used for the electronic
421+communication of messages.
422+(2) The board shall have the responsibility for the management of the
423+fund and shall discharge the board's duties with respect to the fund solely
424+in the interests of the members and beneficiaries of the system for the
425+exclusive purpose of providing benefits to members and such member's
426+beneficiaries and defraying reasonable expenses of administering the fund
427+and shall invest and reinvest moneys in the fund and acquire, retain,
428+manage, including the exercise of any voting rights and disposal of
429+investments of the fund within the limitations and according to the powers,
430+duties and purposes as prescribed by this section.
431+(3) Moneys in the fund shall be invested and reinvested to achieve the
432+investment objective which is preservation of the fund to provide benefits
433+to members and member beneficiaries, as provided by law and accordingly
434+providing that the moneys are as productive as possible, subject to the
435+standards set forth in this act. No moneys in the fund shall be invested or
436+reinvested if the sole or primary an investment objective is for economic
437+development or social purposes or objectives.
438+(4) In investing and reinvesting moneys in the fund and in acquiring,
439+retaining, managing and disposing of investments of the fund, the board
440+shall exercise the judgment, care, skill, prudence and diligence under the
441+circumstances then prevailing, which persons of prudence, discretion and
442+intelligence acting in a like capacity and familiar with such matters would
443+use in the conduct of an enterprise of like character and with like aims by
444+diversifying the investments of the fund so as to minimize the risk of large
445+losses, unless under the circumstances it is clearly prudent not to do so,
446+and not in regard to speculation but in regard to the permanent disposition
447+of similar funds, considering the probable income as well as the probable
448+safety of their capital.
449+(5) Notwithstanding subsection (4):
450+(a) Total investments in common stock may be made in the amount of
451+up to 60% of the total book value of the fund;
452+(b) the board may invest or reinvest moneys of the fund in alternative
453+investments if the following conditions are satisfied:
454+(i) The total of the annual net commitment to alternative investments
455+does not exceed 5% of the total market value of investment assets of the
456+fund as measured from the end of the preceding calendar year;
457+(ii) if in addition to the system, there are at least two other qualified
458+institutional buyers, as defined by section (a)(1)(i) of rule 144A, securities
459+act of 1933;
460+(iii) the system's share in any individual alternative investment is
461+limited to an investment representing not more than 20% of any such
462+individual alternative investment;
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506+(iv) the system has received a favorable and appropriate
507+recommendation from a qualified, independent expert in investment
508+management or analysis in that particular type of alternative investment;
509+(v) the alternative investment is consistent with the system's
510+investment policies and objectives as provided in subsection (6);
511+(vi) the individual alternative investment does not exceed more than
512+2.5% of the total alternative investments made under this subsection. If the
513+alternative investment is made pursuant to participation by the system in a
514+multi-investor pool, the 2.5% limitation contained in this subsection is
515+applied to the underlying individual assets of such pool and not to
516+investment in the pool itself. The total of such alternative investments
517+made pursuant to participation by the system in any one individual multi-
518+investor pool shall not exceed more than 20% of the total of alternative
519+investments made by the system pursuant to this subsection. Nothing in
520+this subsection requires the board to liquidate or sell the system's holdings
521+in any alternative investments made pursuant to participation by the
522+system in any one individual multi-investor pool held by the system on the
523+effective date of this act, unless such liquidation or sale would be in the
524+best interest of the members and beneficiaries of the system and be
525+prudent under the standards contained in this section. The 20% limitation
526+contained in this subsection shall not have been violated if the total of such
527+investment in any one individual multi-investor pool exceeds 20% of the
528+total alternative investments of the fund as a result of market forces acting
529+to increase the value of such a multi-investor pool relative to the rest of the
530+system's alternative investments; however, the board shall not invest or
531+reinvest any moneys of the fund in any such individual multi-investor pool
532+until the value of such individual multi-investor pool is less than 20% of
533+the total alternative investments of the fund;
534+(vii) the board has received and considered the investment manager's
535+due diligence findings submitted to the board as required by subsection (6)
536+(c) (6);
537+(viii) prior to the time the alternative investment is made, the system
538+has in place procedures and systems to ensure that the investment is
539+properly monitored and investment performance is accurately measured;
540+and
541+(ix) the total of alternative investments does not exceed 15% of the
542+total investment assets of the fund. The 15% limitation contained in this
543+subsection shall not have been violated if the total of such alternative
544+investments exceeds 15% of the total investment assets of the fund, based
545+on the fund total market value, as a result of market forces acting to
546+increase the value of such alternative investments relative to the rest of the
547+system's investments. However, the board shall not invest or reinvest any
548+moneys of the fund in alternative investments until the total value of such
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592+alternative investments is less than 15% of the total investment assets of
593+the fund based on the market value. If the total value of the alternative
594+investments exceeds 15% of the total investment assets of the fund, the
595+board shall not be required to liquidate or sell the system's holdings in any
596+alternative investment held by the system, unless such liquidation or sale
597+would be in the best interest of the members and beneficiaries of the
598+system and is prudent under the standards contained in this section.;
599+(c) for purposes of this act section, "alternative investment" includes
600+a broad group of investments that are not one of the traditional asset types
601+of public equities, fixed income, cash or real estate. Alternative
602+investments are generally made through limited partnership or similar
603+structures, are not regularly traded on nationally recognized exchanges and
604+thus are relatively illiquid, and exhibit lower correlations with more liquid
605+asset types such as stocks and bonds. Alternative investments generally
606+include, but are not limited to, private equity, private credit, hedge funds,
607+infrastructure, commodities and other investments which that have the
608+characteristics described in this paragraph; and
609+(c)(d) except as otherwise provided, the board may invest or reinvest
610+moneys of the fund in real estate investments if the following conditions
611+are satisfied:
612+(i) The system has received a favorable and appropriate
613+recommendation from a qualified, independent expert in investment
614+management or analysis in that particular type of real estate investment;
615+(ii) the real estate investment is consistent with the system's
616+investment policies and objectives as provided in subsection (6); and
617+(iii) the system has received and considered the investment manager's
618+due diligence findings.
619+(6) (a) Subject to the objective set forth in subsection (3) and the
620+standards set forth in subsections (4) and (5) the board shall formulate
621+policies and objectives for the investment and reinvestment of moneys in
622+the fund and the acquisition, retention, management and disposition of
623+investments of the fund. Such policies and objectives shall include:
624+(a)(i) Specific asset allocation standards and objectives;
625+(b)(ii) establishment of criteria for evaluating the risk versus the
626+potential return on a particular investment;
627+(c)(iii) a requirement that all investment managers submit such
628+manager's due diligence findings on each investment to the board or
629+investment advisory committee for approval or rejection prior to making
630+any alternative investment;
631+(d)(iv) a requirement that all investment managers shall immediately
632+report all instances of default on investments to the board and provide the
633+board with recommendations and options, including, but not limited to,
634+curing the default or withdrawal from the investment; and
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678+(e)(v) establishment of criteria that would be used as a guideline for
679+determining when no additional add-on investments or reinvestments
680+would be made and when the investment would be liquidated.
681+(b) The board shall review such policies and objectives, make
682+changes considered necessary or desirable and readopt such policies and
683+objectives on an annual basis.
684+(7) The board may enter into contracts with one or more persons
685+whom the board determines to be qualified, whereby the persons undertake
686+to perform the functions specified in subsection (2) to the extent provided
687+in the contract. Performance of functions under contract so entered into
688+shall be paid pursuant to rates fixed by the board subject to provisions of
689+appropriation acts and shall be based on specific contractual fee
690+arrangements. The system shall not pay or reimburse any expenses of
691+persons contracted with pursuant to this subsection, except that after
692+approval of the board, the system may pay approved investment related
693+expenses subject to provisions of appropriation acts. The board shall
694+require that a person contracted with to obtain commercial insurance
695+which provides for errors and omissions coverage for such person in an
696+amount to be specified by the board, provided that such coverage shall be
697+at least the greater of $500,000 or 1% of the funds entrusted to such person
698+up to a maximum of $10,000,000. The board shall require a person
699+contracted with to give a fidelity bond in a penal sum as may be fixed by
700+law or, if not so fixed, as may be fixed by the board, with corporate surety
701+authorized to do business in this state. Such persons contracted with the
702+board pursuant to this subsection and any persons contracted with such
703+persons to perform the functions specified in subsection (2) shall be
704+deemed to be agents of the board and the system in the performance of
705+contractual obligations.
706+(8) (a) In the acquisition or disposition of securities, the board may
707+rely on the written legal opinion of a reputable bond attorney or attorneys,
708+the written opinion of the attorney of the investment counselor or
709+managers, or the written opinion of the attorney general certifying the
710+legality of the securities.
711+(b) The board shall employ or retain qualified investment counsel or
712+counselors or may negotiate with a trust company to assist and advise in
713+the judicious investment of funds as herein provided.
714+(9) (a) Except as provided in subsection (7) and this subsection, the
715+custody of money and securities of the fund shall remain in the custody of
716+the state treasurer, except that the board may arrange for the custody of
717+such money and securities as it considers advisable with one or more
718+member banks or trust companies of the federal reserve system or with one
719+or more banks in the state of Kansas, or both, to be held in safekeeping by
720+the banks or trust companies for the collection of the principal and interest
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764+or other income or of the proceeds of sale. The services provided by the
765+banks or trust companies shall be paid pursuant to rates fixed by the board
766+subject to provisions of appropriation acts.
767+(b) The state treasurer and the board shall collect the principal and
768+interest or other income of investments or the proceeds of sale of securities
769+in the custody of the state treasurer and pay same when so collected into
770+the fund.
771+(c) The principal and interest or other income or the proceeds of sale
772+of securities as provided in clause (a) of this subsection (9) shall be
773+reported to the state treasurer and the board and credited to the fund.
774+(10) The board shall with the advice of the director of accounts and
775+reports establish the requirements and procedure for reporting any and all
776+activity relating to investment functions provided for in this act in order to
777+prepare a record monthly of the investment income and changes made
778+during the preceding month. The record will reflect a detailed summary of
779+investment, reinvestment, purchase, sale and exchange transactions and
780+such other information as the board may consider advisable to reflect a
781+true accounting of the investment activity of the fund.
782+(11) The board shall provide for an examination of the investment
783+program annually. The examination shall include an evaluation of current
784+investment policies and practices and of specific investments of the fund in
785+relation to the objective set forth in subsection (3), the standard set forth in
786+subsection (4) and other criteria as may be appropriate, and
787+recommendations relating to the fund investment policies and practices
788+and to specific investments of the fund as are considered necessary or
789+desirable. The board shall include in its annual report to the governor as
790+provided in K.S.A. 74-4907, and amendments thereto, a report or a
791+summary thereof covering the investments of the fund.
792+(12) (a) Any internal assessment or examination of alternative
793+investments of the system performed by any person or entity employed or
794+retained by the board which evaluates or monitors the performance of
795+alternative investments shall be reported to the legislative post auditor so
796+that such report may be reviewed in accordance with the annual financial-
797+compliance audits conducted pursuant to K.S.A. 74-49,136, and
113798 amendments thereto.
114-(2) If because of the offender's criminal history classification the
115-offender is subject to presumptive imprisonment or if the judge departs
116-from a presumptive probation sentence and the offender is subject to
117-imprisonment, the provisions of this section and K.S.A. 21-6807, and
118-amendments thereto, shall apply and the offender shall not be subject to SENATE Substitute for HOUSE BILL No. 2436—page 4
119-the mandatory sentence as provided in K.S.A. 21-5823, and
120-amendments thereto.
121-(3) Notwithstanding the provisions of any other section, the term
122-of imprisonment imposed for the violation of the felony provision of
123-K.S.A. 21-5414(c)(1)(C), 21-5823(b)(3) and (b)(4), 21-6412 and 21-
124-6416, and amendments thereto, shall not be served in a state facility in
125-the custody of the secretary of corrections. Prior to imposing any
126-sentence pursuant to this subsection, the court may consider assigning
127-the defendant to a house arrest program pursuant to K.S.A. 21-6609,
128-and amendments thereto.
129-(j) (1) The sentence for any persistent sex offender whose current
130-convicted crime carries a presumptive term of imprisonment shall be
131-double the maximum duration of the presumptive imprisonment term.
132-The sentence for any persistent sex offender whose current conviction
133-carries a presumptive nonprison term shall be presumed imprisonment
134-and shall be double the maximum duration of the presumptive
135-imprisonment term.
136-(2) Except as otherwise provided in this subsection, as used in this
137-subsection, "persistent sex offender" means a person who:
138-(A) (i) Has been convicted in this state of a sexually violent crime,
139-as defined in K.S.A. 22-3717, and amendments thereto; and
140-(ii) at the time of the conviction under clause (i) has at least one
141-conviction for a sexually violent crime, as defined in K.S.A. 22-3717,
142-and amendments thereto, in this state or comparable felony under the
143-laws of another state, the federal government or a foreign government;
144-or
145-(B) (i) has been convicted of rape, as defined in K.S.A. 21-3502,
146-prior to its repeal, or K.S.A. 21-5503, and amendments thereto; and
147-(ii) at the time of the conviction under clause (i) has at least one
148-conviction for rape in this state or comparable felony under the laws of
149-another state, the federal government or a foreign government.
150-(3) Except as provided in subsection (j)(2)(B), the provisions of
151-this subsection shall not apply to any person whose current convicted
152-crime is a severity level 1 or 2 felony.
153-(k) (1) If it is shown at sentencing that the offender committed any
154-felony violation for the benefit of, at the direction of, or in association
155-with any criminal street gang, with the specific intent to promote,
156-further or assist in any criminal conduct by gang members, the
157-offender's sentence shall be presumed imprisonment. The court may
158-impose an optional nonprison sentence as provided in subsection (q).
159-(2) As used in this subsection, "criminal street gang" means any
160-organization, association or group of three or more persons, whether
161-formal or informal, having as one of its primary activities:
162-(A) The commission of one or more person felonies; or
163-(B) the commission of felony violations of article 57 of chapter 21
164-of the Kansas Statutes Annotated, and amendments thereto, K.S.A.
165-2010 Supp. 21-36a01 through 21-36a17, prior to their transfer, or any
166-felony violation of any provision of the uniform controlled substances
167-act prior to July 1, 2009; and
168-(C) its members have a common name or common identifying
169-sign or symbol; and
170-(D) its members, individually or collectively, engage in or have
171-engaged in the commission, attempted commission, conspiracy to
172-commit or solicitation of two or more person felonies or felony
173-violations of article 57 of chapter 21 of the Kansas Statutes Annotated,
174-and amendments thereto, K.S.A. 2010 Supp. 21-36a01 through 21-
175-36a17, prior to their transfer, any felony violation of any provision of
176-the uniform controlled substances act prior to July 1, 2009, or any
177-substantially similar offense from another jurisdiction. SENATE Substitute for HOUSE BILL No. 2436—page 5
178-(l) Except as provided in subsection (o), the sentence for a
179-violation of K.S.A. 21-5807(a)(1), and amendments thereto, or any
180-attempt or conspiracy, as defined in K.S.A. 21-5301 and 21-5302, and
181-amendments thereto, to commit such offense, when such person being
182-sentenced has a prior conviction for a violation of K.S.A. 21-3715(a) or
183-(b), prior to its repeal, 21-3716, prior to its repeal, K.S.A. 21-5807(a)
184-(1) or (a)(2) or 21-5807(b), and amendments thereto, or any attempt or
185-conspiracy to commit such offense, shall be presumptive imprisonment.
186-(m) The sentence for a violation of K.S.A. 22-4903 or K.S.A. 21-
187-5913(a)(2), and amendments thereto, shall be presumptive
188-imprisonment. If an offense under such sections is classified in grid
189-blocks 5-E, 5-F, 5-G, 5-H or 5-I, the court may impose an optional
190-nonprison sentence as provided in subsection (q).
191-(n) The sentence for a violation of criminal deprivation of
192-property, as defined in K.S.A. 21-5803, and amendments thereto, when
193-such property is a motor vehicle, and when such person being
194-sentenced has any combination of two or more prior convictions of
195-K.S.A. 21-3705(b), prior to its repeal, or of criminal deprivation of
196-property, as defined in K.S.A. 21-5803, and amendments thereto, when
197-such property is a motor vehicle, shall be presumptive imprisonment.
198-Such sentence shall not be considered a departure and shall not be
199-subject to appeal.
200-(o) (1) The sentence for a felony violation of theft of property as
201-defined in K.S.A. 21-5801, and amendments thereto, or burglary as
202-defined in K.S.A. 21-5807(a), and amendments thereto, when such
203-person being sentenced has no prior convictions for a violation of
204-K.S.A. 21-3701 or 21-3715, prior to their repeal, or theft of property as
205-defined in K.S.A. 21-5801, and amendments thereto, or burglary as
206-defined in K.S.A. 21-5807(a), and amendments thereto; or the sentence
207-for a felony violation of theft of property as defined in K.S.A. 21-5801,
208-and amendments thereto, when such person being sentenced has one or
209-two prior felony convictions for a violation of K.S.A. 21-3701, 21-3715
210-or 21-3716, prior to their repeal, or theft of property as defined in
211-K.S.A. 21-5801, and amendments thereto, or burglary or aggravated
212-burglary as defined in K.S.A. 21-5807, and amendments thereto; or the
213-sentence for a felony violation of burglary as defined in K.S.A. 21-
214-5807(a), and amendments thereto, when such person being sentenced
215-has one prior felony conviction for a violation of K.S.A. 21-3701, 21-
216-3715 or 21-3716, prior to their repeal, or theft of property as defined in
217-K.S.A. 21-5801, and amendments thereto, or burglary or aggravated
218-burglary as defined in K.S.A. 21-5807, and amendments thereto, shall
219-be the sentence as provided by this section, except that the court may
220-order an optional nonprison sentence for a defendant to participate in a
221-drug treatment program, including, but not limited to, an approved
222-aftercare plan, if the court makes the following findings on the record:
223-(A) Substance abuse was an underlying factor in the commission
224-of the crime;
225-(B) substance abuse treatment in the community is likely to be
226-more effective than a prison term in reducing the risk of offender
227-recidivism; and
228-(C) participation in an intensive substance abuse treatment
229-program will serve community safety interests.
230-(2) A defendant sentenced to an optional nonprison sentence under
231-this subsection shall be supervised by community correctional services.
232-The provisions of K.S.A. 21-6824(f)(1), and amendments thereto, shall
233-apply to a defendant sentenced under this subsection. The sentence
234-under this subsection shall not be considered a departure and shall not
235-be subject to appeal.
236-(p) (1) The sentence for a felony violation of theft of property as SENATE Substitute for HOUSE BILL No. 2436—page 6
237-defined in K.S.A. 21-5801, and amendments thereto, when such person
238-being sentenced has any combination of three or more prior felony
239-convictions for violations of K.S.A. 21-3701, 21-3715 or 21-3716,
240-prior to their repeal, or theft of property as defined in K.S.A. 21-5801,
241-and amendments thereto, or burglary or aggravated burglary as defined
242-in K.S.A. 21-5807, and amendments thereto; or the sentence for a
243-violation of burglary as defined in K.S.A. 21-5807(a), and amendments
244-thereto, when such person being sentenced has any combination of two
245-or more prior convictions for violations of K.S.A. 21-3701, 21-3715
246-and 21-3716, prior to their repeal, or theft of property as defined in
247-K.S.A. 21-5801, and amendments thereto, or burglary or aggravated
248-burglary as defined in K.S.A. 21-5807, and amendments thereto, shall
249-be presumed imprisonment and the defendant shall be sentenced to
250-prison as provided by this section, except that the court may
251-recommend that an offender be placed in the custody of the secretary of
252-corrections, in a facility designated by the secretary to participate in an
253-intensive substance abuse treatment program, upon making the
254-following findings on the record:
255-(A) Substance abuse was an underlying factor in the commission
256-of the crime;
257-(B) substance abuse treatment with a possibility of an early release
258-from imprisonment is likely to be more effective than a prison term in
259-reducing the risk of offender recidivism; and
260-(C) participation in an intensive substance abuse treatment
261-program with the possibility of an early release from imprisonment will
262-serve community safety interests by promoting offender reformation.
263-(2) The intensive substance abuse treatment program shall be
264-determined by the secretary of corrections, but shall be for a period of
265-at least four months. Upon the successful completion of such intensive
266-treatment program, the offender shall be returned to the court and the
267-court may modify the sentence by directing that a less severe penalty be
268-imposed in lieu of that originally adjudged within statutory limits. If the
269-offender's term of imprisonment expires, the offender shall be placed
270-under the applicable period of postrelease supervision. The sentence
271-under this subsection shall not be considered a departure and shall not
272-be subject to appeal.
273-(q) (1) As used in this section, an "optional nonprison sentence" is
274-a sentence which the court may impose, in lieu of the presumptive
275-sentence, upon making the following findings on the record:
276-(A) An appropriate treatment program exists which is likely to be
277-more effective than the presumptive prison term in reducing the risk of
278-offender recidivism; and
279-(B) the recommended treatment program is available and the
280-offender can be admitted to such program within a reasonable period of
281-time; or
282-(C) the nonprison sanction will serve community safety interests
283-by promoting offender reformation.
284-(2) Any decision made by the court regarding the imposition of an
285-optional nonprison sentence shall not be considered a departure and
286-shall not be subject to appeal.
287-(r) The sentence for a violation of K.S.A. 21-5413(c)(2), and
288-amendments thereto, shall be presumptive imprisonment and shall be
289-served consecutively to any other term or terms of imprisonment
290-imposed. Such sentence shall not be considered a departure and shall
291-not be subject to appeal.
292-(s) The sentence for a violation of K.S.A. 21-5512, and
293-amendments thereto, shall be presumptive imprisonment. Such
294-sentence shall not be considered a departure and shall not be subject to
295-appeal. SENATE Substitute for HOUSE BILL No. 2436—page 7
296-(t) (1) If the trier of fact makes a finding beyond a reasonable
297-doubt that an offender wore or used ballistic resistant material in the
298-commission of, or attempt to commit, or flight from any felony, in
299-addition to the sentence imposed pursuant to the Kansas sentencing
300-guidelines act, the offender shall be sentenced to an additional 30
301-months' imprisonment.
302-(2) The sentence imposed pursuant to paragraph (1) shall be
303-presumptive imprisonment and shall be served consecutively to any
304-other term or terms of imprisonment imposed. Such sentence shall not
305-be considered a departure and shall not be subject to appeal.
306-(3) As used in this subsection, "ballistic resistant material" means
307-any:
308-(A) Commercially produced material designed with the purpose of
309-providing ballistic and trauma protection, including, but not limited to,
310-bulletproof vests and kevlar vests; and
311-(B) homemade or fabricated substance or item designed with the
312-purpose of providing ballistic and trauma protection.
313-(u) The sentence for a violation of K.S.A. 21-6107, and
314-amendments thereto, or any attempt or conspiracy, as defined in K.S.A.
315-21-5301 and 21-5302, and amendments thereto, to commit such
316-offense, when such person being sentenced has a prior conviction for a
317-violation of K.S.A. 21-4018, prior to its repeal, or K.S.A. 21-6107, and
318-amendments thereto, or any attempt or conspiracy to commit such
319-offense, shall be presumptive imprisonment. Such sentence shall not be
320-considered a departure and shall not be subject to appeal.
321-(v) The sentence for a third or subsequent violation of K.S.A. 8-
322-1568, and amendments thereto, shall be presumptive imprisonment and
323-shall be served consecutively to any other term or terms of
324-imprisonment imposed. Such sentence shall not be considered a
325-departure and shall not be subject to appeal.
326-(w) The sentence for aggravated criminal damage to property as
327-defined in K.S.A. 21-5813(b), and amendments thereto, when such
328-person being sentenced has a prior conviction for any nonperson felony
329-shall be presumptive imprisonment. Such sentence shall not be
330-considered a departure and shall not be subject to appeal.
331-(x) The sentence for a violation of K.S.A. 21-5807(a)(1), and
332-amendments thereto, shall be presumptive imprisonment if the offense
333-under such paragraph is classified in grid blocks 7-C, 7-D or 7-E. Such
334-sentence shall not be considered a departure and shall not be subject to
335-appeal.
336-(y) (1) Except as provided in paragraph (3), if the trier of fact
337-makes a finding beyond a reasonable doubt that an offender committed
338-a nondrug felony offense, or any attempt or conspiracy, as defined in
339-K.S.A. 21-5301 and 21-5302, and amendments thereto, to commit a
340-nondrug felony offense, against a law enforcement officer, as defined in
341-K.S.A. 21-5111(p)(1) and (3), and amendments thereto, while such
342-officer was engaged in the performance of such officer's duty, or in
343-whole or in any part because of such officer's status as a law
344-enforcement officer, the sentence for such offense shall be:
345-(A) If such offense is classified in severity level 2 through 10, one
346-severity level above the appropriate level for such offense; and
347-(B) (i) if such offense is classified in severity level 1, except as
348-otherwise provided in clause (ii), imprisonment for life, and such
349-offender shall not be eligible for probation or suspension, modification
350-or reduction of sentence. In addition, such offender shall not be eligible
351-for parole prior to serving 25 years' imprisonment, and such 25 years'
352-imprisonment shall not be reduced by the application of good time
353-credits. No other sentence shall be permitted.
354-(ii) The provisions of clause (i) requiring the court to impose a SENATE Substitute for HOUSE BILL No. 2436—page 8
355-mandatory minimum term of imprisonment of 25 years shall not apply
356-if the court finds the offender, because of the offender's criminal history
357-classification, is subject to presumptive imprisonment and the
358-sentencing range exceeds 300 months. In such case, the offender is
359-required to serve a mandatory minimum term equal to the sentence
360-established pursuant to the sentencing range.
361-(2) The sentence imposed pursuant to paragraph (1) shall not be
362-considered a departure and shall not be subject to appeal.
363-(3) The provisions of this subsection shall not apply to an offense
364-described in paragraph (1) if the factual aspect concerning a law
365-enforcement officer is a statutory element of such offense.
366-(z) (1) Notwithstanding K.S.A. 21-5109(b)(2), and amendments
367-thereto, or any other provision of law to the contrary, the sentence for a
368-violation of criminal possession of a weapon by a convicted felon as
369-defined in K.S.A. 21-6304, and amendments thereto, shall be
370-presumptive imprisonment and shall be served consecutively to any
371-other term or terms of imprisonment imposed if the trier of fact makes a
372-finding beyond a reasonable doubt that:
373-(A) The weapon the offender possessed during such violation was
374-a firearm; and
375-(B) such firearm was used by the offender during the commission
376-of any violent felony.
377-(2) The sentence imposed pursuant to paragraph (1) shall not be
378-considered a departure and shall not be subject to appeal. No other
379-sentence shall be permitted.
380-(3) The provisions of this subsection shall not apply to an offender
381-who is prohibited from possessing a weapon pursuant to K.S.A. 21-
382-6304, and amendments thereto, as a result of a juvenile adjudication.
383-(4) As used in this subsection, "violent felony" means any of the
384-following:
385-(A) Capital murder, as defined in K.S.A. 21-5401, and
386-amendments thereto;
387-(B) murder in the first degree, as defined in K.S.A. 21-5402, and
388-amendments thereto;
389-(C) murder in the second degree, as defined in K.S.A. 21-5403,
390-and amendments thereto;
391-(D) voluntary manslaughter, as defined in K.S.A. 21-5404, and
392-amendments thereto;
393-(E) kidnapping, as defined in K.S.A. 21-5408(a)(1), and
394-amendments thereto, or aggravated kidnapping, as defined in K.S.A.
395-21-5408(b), and amendments thereto;
396-(F) aggravated assault, as defined in K.S.A. 21-5412(b)(1), and
397-amendments thereto, and aggravated assault of a law enforcement
398-officer, as defined in K.S.A. 21-5412(d)(1), and amendments thereto;
399-(G) aggravated battery, as defined in K.S.A. 21-5413(b)(1)(A) or
400-(b)(1)(B), and amendments thereto, and aggravated battery against a
401-law enforcement officer, as defined in K.S.A. 21-5413(d)(1) or (d)(2),
402-and amendments thereto;
403-(H) mistreatment of a dependent adult or mistreatment of an elder
404-person, as defined in K.S.A. 21-5417(a)(1), and amendments thereto;
405-(I) rape, as defined in K.S.A. 21-5503, and amendments thereto;
406-(J) aggravated criminal sodomy, as defined in K.S.A. 21-5504(b),
407-and amendments thereto;
408-(K) abuse of a child, as defined in K.S.A. 21-5602(a)(1) or (a)(3),
409-and amendments thereto;
410-(L) any felony offense described in K.S.A. 21-5703 or 21-5705,
411-and amendments thereto;
412-(M) treason, as defined in K.S.A. 21-5901, and amendments
413-thereto; SENATE Substitute for HOUSE BILL No. 2436—page 9
414-(N) criminal discharge of a firearm, as defined in K.S.A. 21-
415-6308(a)(1), and amendments thereto;
416-(O) fleeing or attempting to elude a police officer, as defined in
417-K.S.A. 8-1568(b), and amendments thereto;
418-(P) any felony that includes the domestic violence designation
419-pursuant to K.S.A. 22-4616, and amendments thereto; or
420-(Q) any attempt, conspiracy or criminal solicitation, as defined in
421-K.S.A. 21-5301, 21-5302 and 21-5303, and amendments thereto, of any
422-felony offense defined in this subsection.
423-(aa) (1) The sentence for a violation of K.S.A. 21-6308(a)(1)(A)
424-or (a)(1)(B), and amendments thereto, if the trier of fact makes a
425-finding beyond a reasonable doubt that the offender discharged a
426-firearm and that the offender knew or reasonably should have known
427-that:
428-(A) A person was present in the dwelling, building, structure or
429-motor vehicle at which the offender discharged a firearm, shall be
430-presumptive imprisonment and, in addition to the sentence imposed
431-pursuant to the Kansas sentencing guidelines act, the offender shall be
432-sentenced to an additional 60 months of imprisonment; and
433-(B) a person less than 14 years of age was present in the dwelling,
434-building, structure or motor vehicle at which the offender discharged a
435-firearm, shall be presumptive imprisonment and, in addition to the
436-sentence imposed pursuant to the Kansas sentencing guidelines act, the
437-offender shall be sentenced to an additional 120 months of
438-imprisonment.
439-(2) The sentence imposed pursuant to paragraph (1) shall be
440-served consecutively to any other term or terms of imprisonment
441-imposed. Such sentence shall not be considered a departure and shall
442-not be subject to appeal.
443-(bb) (1) If the trier of fact makes a finding beyond a reasonable
444-doubt that an offender committed any act described in K.S.A. 21-5408,
445-21-5409, 21-5411, 21-5412, 21-5413, 21-5414, 21-5415, 21-5426, 21-
446-5427, 21-5428, 21-5429, 21-5503, 21-5504, 21-5505, 21-5506, 21-
447-5507, 21-5508, 21-5509, 21-5510, 21-5515, 21-5601, 21-5602, 21-
448-5604 or 21-5605, and amendments thereto, or any attempt or
449-conspiracy, as defined in K.S.A. 21-5301 and 21-5302, and
450-amendments thereto, to commit any such act with knowledge that a
451-woman is pregnant and with the intent that such act will compel such
452-woman to obtain an abortion when such woman has expressed her
453-desire to not obtain an abortion, the sentence for such offense shall be:
454-(A) If such offense is classified in severity level 2 through 10, one
455-severity level above the appropriate level for such offense; and
456-(B) (i) if such offense is classified in severity level 1, except as
457-otherwise provided in clause (ii), imprisonment for life, and such
458-offender shall not be eligible for probation or suspension, modification
459-or reduction of sentence. In addition, such offender shall not be eligible
460-for parole prior to serving 25 years' imprisonment, and such 25 years'
461-imprisonment shall not be reduced by the application of good time
462-credits. No other sentence shall be permitted.
463-(ii) The provisions of clause (i) requiring the court to impose a
464-mandatory minimum term of imprisonment of 25 years shall not apply
465-if the court finds the offender, because of the offender's criminal history
466-classification, is subject to presumptive imprisonment and the
467-sentencing range exceeds 300 months. In such case, the offender is
468-required to serve a mandatory minimum term equal to the sentence
469-established pursuant to the sentencing range.
470-(2) The sentence imposed pursuant to paragraph (1) shall not be
471-considered a departure and shall not be subject to appeal. SENATE Substitute for HOUSE BILL No. 2436—page 10
472-Sec. 3. K.S.A. 21-6804 is hereby repealed.
473-Sec. 4. This act shall take effect and be in force from and after its
474-publication in the statute book.
475-I hereby certify that the above BILL originated in the House,
476-and passed that body
477-HOUSE concurred in
478-SENATE amendments __________________________________________________________________
479-
480-
481-Speaker of the House.
482-
483-
484-Chief Clerk of the House.
485-
486-Passed the SENATE
487- as amended
488-
489-
490-President of the Senate.
491-
492-
493-Secretary of the Senate.
494-APPROVED ______________________________________________________________________________
495-
496-Governor.
799+(b) The board shall prepare and submit an alternative investment
800+report to the joint committee on pensions, investments and benefits prior to
801+January 1, 2016. Such report shall include a review of alternative
802+investments of the system with an emphasis on the effects of changes in
803+law pursuant to this act and includes specific investment cost and market
804+value information of each individual alternative investment.
805+Sec. 7. K.S.A. 2022 Supp. 74-4921 is hereby repealed.
806+Sec. 8. This act shall take effect and be in force from and after its
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