Division of the Budget
Landon State Office Building Phone: (785) 296-2436
900 SW Jackson Street, Room 504 adam.c.proffitt@ks.gov
Topeka, KS 66612 http://budget.kansas.gov
Adam Proffitt, Director Laura Kelly, Governor
Division of the Budget
January 26, 2023
The Honorable Jeff Longbine, Chairperson
Senate Committee on Financial Institutions and Insurance
300 SW 10th Avenue, Room 546-S
Topeka, Kansas 66612
Dear Senator Longbine:
SUBJECT: Fiscal Note for SB 27 by Senate Committee on Financial Institutions and
Insurance
In accordance with KSA 75-3715a, the following fiscal note concerning SB 27 is
respectfully submitted to your committee.
Under current law, the fee for a resident insurance agent license is $30. The bill would
require the Insurance Commissioner to set the fee in an amount not to exceed $30. The bill would
require the Commissioner to set the fee and have it published in the Kansas Register no later than
December 1 of each year. Currently, the Commissioner could use the information obtained from
background checks, fingerprinting and criminal history for the purpose of verifying the
identification and fitness of the applicant to be issued a license as a resident insurance agent. The
bill would require the Commissioner to use the information in determining if a license is issued.
Current law requires a nonresident agent to pay the Insurance Commissioner an application
fee of $30 and a biennial fee of $50. Under SB 27, the application fee could not exceed $30, and
the biennial fee could not exceed $50. Currently, a public adjuster license fees is $100. The
application fee could not exceed $100 under the provisions of the bill. The bill would require the
Commissioner to set the nonresident agent and public adjuster license fees and have them
published in the Kansas Register no later than December 1 of each year.
The Kansas Insurance Department states that this bill would allow the Commissioner to
increase and decrease fees yearly as deemed necessary to finance program operations, and
therefore, the agency cannot provide fiscal effect. Any fiscal effect associated with SB 27 is not
reflected in The FY 2024 Governor’s Budget Report.
Sincerely,
Adam Proffitt
Director of the Budget
cc: Bobbi Mariani, Insurance Department