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HB 2790

Establishing the born to invest act and requiring the office of vital statistics to provide data to the office of the state treasurer for the distribution of informational materials regarding certain government-administered savings accounts.

2025-2026 Regular Session

Establishes a framework for government-administered savings accounts under the Born to Invest Act and requires vital statistics data to the Treasurer to distribute informational ma

Died in Committee
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Bill Summary · HB 2790

Bill Overview

HB 2790 (Kansas, 2025-2026) proposes two related measures:
1) Establishing the Born to Invest Act, a framework related to government-administered savings accounts.
2) Requiring the Office of Vital Statistics to provide data to the Office of the State Treasurer for distributing informational materials about these savings accounts.

The bill was introduced in March 2026, referred to the House Committee on Federal and State Affairs, and died in committee on April 10, 2026.

Main Purpose and Intent

  • Create or formalize a state program under the Born to Invest Act that involves government-administered savings accounts.
  • Ensure the Office of Vital Statistics (likely responsible for vital records such as birth data) shares data with the Office of the State Treasurer to support distribution of informational materials about these savings accounts.

Key Provisions and Changes

  • Establishment of the Born to Invest Act:
    • Creates a statutory framework to operate or promote savings accounts administered by the state.
    • Likely outlines eligibility, account types, purpose (savings for beneficiaries, possibly tied to birth-related programs), funding sources, administration, and oversight.
  • Data-sharing requirement:
    • Directs or authorizes the Office of Vital Statistics to provide specific data to the Office of the State Treasurer.
    • Purpose of data sharing is to enable the distribution of informational materials about the government-administered savings accounts to the public.
  • Information distribution:
    • The Treasurer’s office would use the shared data to disseminate materials, which may include program details, benefits, eligibility, enrollment steps, and contact information.

Who Would Be Affected

  • State agencies:
    • Office of the State Treasurer: responsible for administering the savings accounts and distributing informational materials.
    • Office of Vital Statistics: required to provide data to support outreach and enrollment efforts.
  • Kansas residents:
    • Potential beneficiaries or participants in the Born to Invest Act savings accounts.
    • Individuals receiving informational materials about the accounts.
  • Other stakeholders:
    • Potential impact on birth-origin data usage policies and privacy considerations due to data sharing.

Procedural and Timeline Aspects

  • Introduction: March 4, 2026.
  • Referral: House Committee on Federal and State Affairs.
  • Legislative status: Died in Committee on April 10, 2026 (no further floor action or passage).
  • Implication: With the bill not advancing, the Born to Invest Act and the data-sharing provision did not move toward enactment in this session.

Potential Impacts and Considerations

  • Policy implications:
    • If enacted, could establish a new state-sponsored savings mechanism with outreach coordinated through the Treasurer’s office.
    • Data-sharing arrangement raises considerations about privacy, scope of data used, and safeguards for birth and vital statistics information.
  • Fiscal considerations:
    • Implementation costs for establishing the program and distributing materials.
    • Administrative costs for data sharing and ongoing program management.
  • Administrative feasibility:
    • Requires clear statutory definitions for “government-administered savings accounts,” data elements to be shared, and roles/responsibilities of each agency.
    • Oversight provisions and reporting requirements would typically accompany such new programs.

If you’d like, I can compare this bill to existing Kansas savings account or college savings initiatives, or draft a one-page briefing for stakeholders.

Compiled from official sources — confirm details with the bill’s official record.

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