Kansas · 2025-2026 Regular Session · Bill

HB 2540: Exempting contingent deferred annuities from certain requirements of the standard nonforfeiture law for individual deferred annuities act and authorizing the commissioner of insurance to establish nonforfeiture benefits for such contingent deferred annuities through rules and regulations.

Enacted Last action March 23, 2026: Approved by Governor on Friday, March 20, 2026

Plain-language summary

HB 2540 is a bill introduced in the Kansas House on January 26, 2026. According to its official title, it concerns: Exempting contingent deferred annuities from certain requirements of the standard nonforfeiture law for individual deferred annuities act and authorizing the commissioner of insurance to establish nonforfeiture benefits for such contingent deferred annuities through rules and regulations. Primary sponsor: Committee on Insurance. Most recent recorded action (March 23, 2026): Approved by Governor on Friday, March 20, 2026.

Sponsors

Primary sponsor: Committee on Insurance.