KS HB2710 | 2023-2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Committee Bill
Status: Failed on April 30 2024 - 100% progression
Action: 2024-04-30 - House Died in Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Imposing an excise tax on each transaction by a money transmitter by wire, establishing an income tax credit for excise taxes paid, allowing the state bank commissioner to assess penalties for the nonpayment of such excise tax, providing for the distribution of such excise tax and penalty moneys, establishing the criminal litigation fund, wire transfer fee fund and prosecutor and law enforcement grant fund and creating a misdemeanor crime of unlawful transmission of a wire transfer and providing criminal penalties therefor.

Tracking Information

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Title

Imposing an excise tax on each transaction by a money transmitter by wire, establishing an income tax credit for excise taxes paid, allowing the state bank commissioner to assess penalties for the nonpayment of such excise tax, providing for the distribution of such excise tax and penalty moneys, establishing the criminal litigation fund, wire transfer fee fund and prosecutor and law enforcement grant fund and creating a misdemeanor crime of unlawful transmission of a wire transfer and providing criminal penalties therefor.

Sponsors


History

DateChamberAction
2024-04-30HouseHouse Died in Committee
2024-02-06HouseHouse Referred to Committee on Financial Institutions and Pensions
2024-02-06HouseHouse Introduced

Kansas State Sources


Bill Comments

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