Division of the Budget
Landon State Office Building Phone: (785) 296-2436
900 SW Jackson Street, Room 504 larry.campbell@ks.gov
Topeka, KS 66612 Division of the Budget http://budget.kansas.gov
Larry L. Campbell, Director Laura Kelly, Governor


February 21, 2019


The Honorable Robert Olson, Chairperson
Senate Committee on Financial Institutions and Insurance
Statehouse, Room 236-E
Topeka, Kansas 66612
Dear Senator Olson:
SUBJECT: Fiscal Note for SB 209 by Senate Committee on Ways and Means
In accordance with KSA 75-3715a, the following fiscal note concerning SB 209 is
respectfully submitted to your committee.
SB 209 would expand the authority of the Kansas Public Employees Retirement System
(KPERS) Board of Trustees to carry out its fiduciary duties in the following ways:
1. Develop policies and procedures based on sound business practices to procure goods and
services;
2. Make and enter into all contracts and agreements in accordance with the Professional
Services Sunshine Act that are necessary to execute the duties of the Board; and
3. Authorize in-state and out-of-state travel for trustees and employees of the system in
accordance with current law.
KPERS estimates HB SB 209 would have a negligible fiscal effect and could be absorbed
within existing agency resources. Any fiscal effect associated with HB SB 209 is not reflected in
The FY 2020 Governor’s Budget Report.


Sincerely,

Larry L. Campbell
Director of the Budget


Statutes affected:
As introduced: 74-4909