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 C. Proffitt, Director Laura Kelly, Governor Division of the Budget January 22, 2025 The Honorable Brenda Dietrich, Chairperson Senate Committee on Financial Institutions and Insurance 300 SW 10th Avenue, Room 546-S Topeka, Kansas 66612 Dear Senator Dietrich: SUBJECT: Fiscal Note for SB 20 by Senate Committee on Financial Institutions and Insurance In accordance with KSA 75-3715a, the following fiscal note concerning SB 20 is respectfully submitted to your committee. SB 20 would reduce the number of certain board members appointed by the Insurance Commissioner, effective January 1, 2026. These organizations would include the Kansas Automobile Insurance Plan, the Kansas Workers Compensation Insurance Plan Governing Board, the Kansas Automobile Assigned Claims Plan, and the HealthCare Provider Insurance Availability Plan Board of Directors. The bill would also eliminate the requirement for the Committee on Surety Bonds and Insurance to meet at least once a month on the second Monday of each month at the Kansas Insurance Department. The bill would also make technical corrections. The Kansas Department of Insurance states that the bill would not have a fiscal effect. Sincerely, Adam C. Proffitt Director of the Budget cc: Kyle Strathman, Insurance Department