Financial Institution Reporting Authority for Elder Financial Exploitation

Kansas Legislative Events

Published April 9th, 2026

Detected April 4th, 2026

Summary

Kansas HB2591 was enrolled on April 9, 2026, authorizing financial institutions to report suspected financial exploitation of adult account holders to designated agencies. The bill passed unanimously through both chambers (124-0 in House, 40-0 in Senate) and provides safe harbor protections for institutions acting in good faith.

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What changed

Kansas HB2591 creates new statutory authority for financial institutions to report suspected financial exploitation of adult account holders. The bill permits institutions to: (1) report suspected exploitation to designated agencies, (2) notify trusted contacts designated by the account holder, and (3) place temporary holds on certain transactions or disbursements suspected of being fraudulent or exploitative. The legislation provides good faith protection from liability for institutions taking these actions.

Financial institutions should review current policies and develop procedures to comply with this new reporting authority. Banks and credit unions should establish protocols for identifying potential elder exploitation, designate appropriate personnel for reporting, and implement procedures for temporary transaction holds. The bill's safe harbor provisions should be incorporated into compliance training and internal procedures.

What to do next

Update internal policies to incorporate new elder exploitation reporting authority
Establish procedures for placing temporary holds on suspected fraudulent transactions
Train relevant staff on identifying and reporting suspected financial exploitation of adult account holders

Source document (simplified)

ChangeBridge / Kansas / HB2591 Enrolled HB2591 House Bill Enrolled 2026-04-09

Authorizing financial institutions to report suspected financial exploitation of an adult account holder to a designated agency, notify any adult designated as a trusted contact by such account holder of suspected financial exploitation and place a temporary hold on certain transactions or disbursements.

Bill Details

State Kansas

Session 2025-2026 Regular Session

Chamber House

Official Source kslegislature.gov/li/b2025_26/measures/hb2...

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Action History

2026-04-09 H House Enrolled and presented to Governor on Friday, April 3, 2026 2026-04-09 H House Reengrossed on Tuesday, March 31, 2026 2026-03-26 H House Conference Committee Report was adopted; Yea: 124 Nay: 0 2026-03-26 S Senate Conference Committee Report was adopted; Yea: 40 Nay: 0 2026-03-26 S Senate Conference committee report now available 2026-03-24 S Senate Motion to accede adopted; Senator Dietrich, Senator Fagg and Senator Miller appointed as conferees 2026-03-23 H House Nonconcurred with amendments; Conference Committee requested; appointed Representative Hoheisel , Representative Stiens and Representative Xu as conferees 2026-03-19 S Senate Final Action - Passed as amended; Yea: 40 Nay: 0 2026-03-18 S Senate Committee of the Whole - Be passed as amended 2026-03-18 S Senate Committee of the Whole - Committee Report be adopted 2026-03-17 S Senate Committee Report recommending bill be passed as amended by Committee on Financial Institutions and Insurance 2026-03-11 S Senate Hearing: Wednesday, March 11, 2026, 9:30 AM Room 546-S 2026-02-25 H House Engrossed on Friday, February 20, 2026 2026-02-25 S Senate Referred to Committee on Financial Institutions and Insurance 2026-02-24 S Senate Received and Introduced 2026-02-18 H House Final Action - Passed as amended; Yea: 124 Nay: 0 2026-02-17 H House Committee of the Whole - Be passed as amended 2026-02-17 H House Committee of the Whole - Amendment by Representative Caiharr was adopted 2026-02-17 H House Committee of the Whole - Motion to Amend - Offered by Representative Caiharr 2026-02-11 H House Committee Report recommending bill be passed by Committee on Financial Institutions and Pensions 2026-02-04 H House Hearing: Wednesday, February 4, 2026, 9:00 AM Room 582-N 2026-01-29 H House Referred to Committee on Financial Institutions and Pensions 2026-01-29 H House Introduced

Votes

2026-02-18 House Final Action - Passed as amended - Yea: 124 Nay: 0 Yea: 124 Nay: 0 2026-03-19 Senate Final Action - Passed as amended - Yea: 40 Nay: 0 Yea: 40 Nay: 0 2026-03-26 Senate Conference Committee Report was adopted - Yea: 40 Nay: 0 Yea: 40 Nay: 0 2026-03-26 House Conference Committee Report was adopted - Yea: 124 Nay: 0 Yea: 124 Nay: 0

Committee Referrals

2026-01-29 H Financial Institutions and Pensions 2026-02-25 S Financial Institutions and Insurance

Amendments

2026-02-11 House Committee on Financial Institutions and Pensions Report 2026-02-17 House Floor Amendment (Committee of the Whole - Motion to Amend - Offered by Representative Caiharr) 2026-03-17 Senate Committee on Financial Institutions and Insurance Report 2026-03-26 Conference Committee Report