Kansas Proxy Advisor Transparency Act
Summary
Kansas Governor vetoed SB375, the Proxy Advisor Transparency Act, on April 9, 2026. The bill had passed the Senate 31-9 and the House 84-40 after multiple amendments. If enacted, it would have required proxy advisors to make specific disclosures when recommending actions against company management. The veto means the proposed requirements will not take effect.
What changed
Kansas Governor vetoed SB375, the Proxy Advisor Transparency Act, on April 9, 2026. The bill passed the Senate 31-9 on February 18 and the House 84-40 on March 18 after significant amendments from Senator Warren and the House Committee on Financial Institutions and Pensions. The proposed legislation would have required proxy advisors to make specific disclosures when recommending actions against company management, authorized the Attorney General to investigate and take enforcement actions against violators, and established a private right of action for declaratory judgment or injunctive relief.
No compliance action is required. The veto means the Proxy Advisor Transparency Act will not become law in Kansas. Proxy advisors and corporations that had been monitoring SB375 can discontinue compliance planning for this specific legislation. The bill is effectively dead for the 2025-2026 legislative session and would need to be reintroduced in a future session to advance.
Archived snapshot
Apr 7, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Kansas / SB375 Vetoed SB375 Senate Bill Vetoed 2026-04-09
Enacting the proxy advisor transparency act, requiring proxy advisors to make certain disclosures when recommending an action against company management, authorizing the attorney general to investigate and take enforcement actions against violators and establishing a private right of action for a declaratory judgment or injunctive relief.
Bill Details
State Kansas
Session 2025-2026 Regular Session
Chamber Senate
Official Source kslegislature.gov/li/b2025_26/measures/sb375/
LegiScan View on LegiScan
Sponsors
Judiciary
Action History
2026-04-09 S Senate Vetoed by Governor; Returned to Senate on Monday, April 6, 2026 2026-03-27 S Senate Enrolled and presented to Governor on Friday, March 27, 2026 2026-03-25 S Senate Concurred with amendments in conference; Yea: 32 Nay: 8 2026-03-23 H House Motion to accede adopted; Representative Hoheisel, Representative Stiens and Representative Xu appointed as conferees 2026-03-23 S Senate Nonconcurred with amendments; Conference Committee requested; appointed Senator Warren , Senator Titus and Senator Corson as conferees 2026-03-18 H House Emergency Final Action - Passed as amended; Yea: 84 Nay: 40 2026-03-18 H House Committee of the Whole - Be passed as amended 2026-03-18 H House Committee of the Whole - Committee Report be adopted 2026-03-10 H House Committee Report recommending bill be passed as amended by Committee on Financial Institutions and Pensions 2026-03-04 H House Hearing: Wednesday, March 4, 2026, 9:00 AM Room 582-N 2026-02-24 H House Referred to Committee on Financial Institutions and Pensions 2026-02-24 H House Received and Introduced 2026-02-18 S Senate Emergency Final Action - Passed as amended; Yea: 31 Nay: 9 2026-02-18 S Senate Committee of the Whole - Be passed as amended 2026-02-18 S Senate Committee of the Whole - Amendment by Senator Warren was adopted 2026-02-18 S Senate Committee of the Whole - Motion to Amend - Offered by Senator Warren 2026-02-18 S Senate Committee of the Whole - Amendment by Senator Warren was adopted 2026-02-18 S Senate Committee of the Whole - Motion to Amend - Offered by Senator Warren 2026-02-17 S Senate Committee Report recommending bill be passed by Committee on Judiciary 2026-02-10 S Senate Hearing: Tuesday, February 10, 2026, 10:30 AM Room 346-S 2026-01-23 S Senate Referred to Committee on Judiciary 2026-01-22 S Senate Introduced
Votes
2026-02-18 Senate Emergency Final Action - Passed as amended - Yea: 31 Nay: 9 Yea: 31 Nay: 9 2026-03-18 House Emergency Final Action - Passed as amended - Yea: 84 Nay: 40 Yea: 84 Nay: 40 2026-03-25 Senate Concurred with amendments in conference - Yea: 32 Nay: 8 Yea: 32 Nay: 8
Committee Referrals
2026-01-23 S Judiciary 2026-02-24 H Financial Institutions and Pensions
Amendments
2026-02-17 Senate Committee on Judiciary Report 2026-02-18 Senate Floor Amendment (Committee of the Whole - Motion to Amend - Offered by Senator Warren) 2026-02-18 Senate Floor Amendment (Committee of the Whole - Motion to Amend - Offered by Senator Warren) 2026-03-10 House Committee on Financial Institutions and Pensions Report
Bill Text Versions
2026-01-22 Introduced 0000-00-00 Amended 0000-00-00 Amended 0000-00-00 Amended Legislative data powered by LegiScan (CC BY 4.0)
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