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HB 2197

AN ACT concerning financial institutions; relating to the first-time home buyer savings account act; authorizing the state treasurer to market the first-time home buyer savings account program to account holders and financial institutions; providing a procedure for the distribution of the account balance upon the death of an account holder; changing the term "transfer on death" to "payable on death" regarding beneficiaries; resolving a conflict when beneficiaries differ on a financial institution's account records and on first-time home buyer savings account tax forms required by the secretary of revenue; amending K.S.A. 2022 Supp. 58-4903, 58-4904, 58-4906 and 79-32,117 and repealing the existing sections.

(printable version)

House - Final Action - Passed as amended; - 02/23/2023

On roll call the vote was:

Yea - (121):

Alcala, Amyx, Anderson, Awerkamp, Ballard, Barth, Bergkamp, Bergquist, Blew, Blex, Bloom, Borjon, Boyd, Bryce, Buehler, Butler, Carlin, Carmichael, B. Carpenter, W. Carpenter, Carr, Clifford, Collins, Concannon, Corbet, Croft, Curtis, Delperdang, Dodson, Donohoe, Droge, Ellis, Eplee, Essex, Estes, Fairchild, Featherston, Francis, Gardner, Goddard, Goetz, Haskins, Haswood, Hawkins, Helgerson, Highberger, Hill, Hoffman, Hoheisel, Hougland, Houser, Howe, Howell, Howerton, Hoye, Humphries, Jacobs, Johnson, Landwehr, Lewis, Martinez, Mason, Maughan, Melton, Meyer, D. Miller, S. Miller, V. Miller, Minnix, Moser, Murphy, Neelly, Neighbor, Ohaebosim, Oropeza, Osman, Owens, Patton, Penn, Pickert, Poetter Parshall, Poskin, Probst, Proctor, Rahjes, Resman, Rhiley, Robinson, Roth, L. Ruiz, S. Ruiz, Sanders, Sawyer, Sawyer Clayton, Schlingensiepen, Schmoe, Schreiber, Seiwert, A. Smith, C. Smith, E. Smith, Stogsdill, Sutton, Tarwater, Thomas, Thompson, Titus, Turk, Turner, Underhill, Vaughn, Waggoner, Wasinger, Waymaster, White, K. Williams, L. Williams, Winn, Woodard, Xu, Younger,

Nay - (1):

Ousley,

Present but not Voting - (0):

Absent and Not Voting - (3):

Garber, Kessler, Weigel,

Not Voting - (0):