WeVote

Bill

Bill

SB 510

Requiring interest earnings of the parks fee fund to be transferred to such fund each month.

2025-2026 Regular Session

SB 510 would require monthly transfers of Parks Fee Fund interest earnings back into the fund to boost available resources for park programs.

Died in Committee
0
WeVote Research Nonpartisan
Bill Summary · SB 510

Bill Summary: SB 510 (2025-2026) – Kansas

Purpose and intent

SB 510 would require that the interest earnings accrued by the Parks Fee Fund be transferred to the Parks Fee Fund on a monthly basis. The bill aims to ensure that the interest generated by the fund’s investments remains within the fund in a timely manner, rather than accumulating or being redirected elsewhere, thereby potentially increasing the available resources for park-related programs and activities.

Key provisions

  • Monthly transfers: The bill obligates the state to transfer all interest earnings earned by the Parks Fee Fund to the Parks Fee Fund itself on a monthly schedule.
  • Timing and administration: The provision specifies that the transfer occurs each month, aligning interest accrual with the fund’s ongoing revenue and expenditure cycle.
  • No explicit changes to principal, distributions, or fund use: The summary text of the bill focuses on interest earnings transfers; it does not, in the available materials, propose new uses for principal balances or alter how the fund’s dollars are allocated beyond securing the interest income within the fund.

Affected entities and stakeholders

  • Parks Fee Fund: The primary subject of the bill; affects how interest earnings are treated within the fund.
  • State fiscal officers and treasury operations: Responsible for calculating, collecting, and disbursing interest earnings and executing the monthly transfer requirement.
  • Parks programs and related agencies: Potentially receive a larger and more consistent funding base if interest remains within the fund, affecting program budgeting, maintenance, and parks-related initiatives.

Procedural and timeline aspects

  • Introduction: February 16, 2026.
  • Referred to Senate Committee on Ways and Means: February 17, 2026.
  • Status: Died in Committee as of April 10, 2026, meaning the bill did not advance to the full Senate for debate or voting.
  • Impact of status: As a dead bill, no legal changes would take effect, and the proposed monthly transfer mechanism would not become law unless reintroduced or amended in a subsequent session.

Potential impact and considerations

  • Fiscal impact: If enacted, the Parks Fee Fund would benefit from a predictable flow of interest back into the fund, potentially increasing the fund balance available for ongoing park-related needs and long-term planning.
  • Budgetary clarity: The proposal clarifies the treatment of interest earnings, which can aid in fund auditing and financial transparency.
  • Contingent on enactment: Since the bill died in committee, these outcomes remain speculative unless reintroduced in future sessions with similar or revised language.

If you’d like, I can provide a side-by-side comparison with current law to highlight the exact changes SB 510 would implement.

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

Sign in to ask a question.