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 24 by Senate Committee on Financial Institutions and
Insurance
In accordance with KSA 75-3715a, the following fiscal note concerning SB 24 is
respectfully submitted to your committee.
SB 24 would allow the Insurance Commissioner to set certain insurance fees at a level not
to exceed the amount set in current statute. The bill would require the Commissioner to set the
fees for the next calendar year and have them published in the Kansas Register no later than
December 1 of each year.
The Kansas Insurance Department states that the bill could change agency revenues, which
would depend on the rates the Commissioner sets each year. The agency cannot estimate the
changes in revenues; however, any change would allow the agency to continue efficient agency
operations. Any fiscal effect associated with SB 24 is not reflected in The FY 2026 Governor’s
Budget Report.
Sincerely,
Adam C. Proffitt
Director of the Budget
cc: Kyle Strathman, Insurance Department