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---
type: "Bill"
title: "Sub for SB 450 by Committee on Financial Institutions and Insurance: Eliminating the crediting to the Kansas public employees retirement fund of 80% of the proceeds from the sale of surplus real estate, authorizing state educational institutions to sell and convey real property given to such state educational institutions as an endowment, bequest or gift and authorizing the state board of regents to adopt policies relating to such sale and conveyance."
description: "Sub for SB 450 by Committee on Financial Institutions and Insurance: Eliminating the crediting to the Kansas public employees retirement fund of 80% of the proceeds from the sale of surplus real estate, authorizing state educational institutions to sell and convey real property given to such state educational institutions as an endowment, bequest or gift and authorizing the state board of regents to adopt policies relating to such sale and conveyance."
jurisdiction: "us/states/ks"
legislature: "Kansas Legislature"
session: "2021-2022"
identifier: "SB 450"
citation: "Kansas SB 450 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 18
vote_count: 2
first_action: "2022-02-08"
last_action: "2022-04-01"
source: "openstates"
source_identifier: "ocd-bill/746c56fa-717c-41dc-8638-ba12db96fc19"
source_url: "http://www.kslegislature.org/li/api/v11/rev-1/bill_status/sb450"
source_hash: "ec4213ad6fd9ac06a4045247a52e6e3f56e7ebc951a50bd7bb6d5da2868d2048"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ks"]
---
# Kansas SB 450 (2021-2022) — Sub for SB 450 by Committee on Financial Institutions and Insurance: Eliminating the crediting to the Kansas public employees retirement fund of 80% of the proceeds from the sale of surplus real estate, authorizing state educational institutions to sell and convey real property given to such state educational institutions as an endowment, bequest or gift and authorizing the state board of regents to adopt policies relating to such sale and conveyance.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **As introduced** (filed) — [source](http://www.kslegislature.org/li/b2021_22/measures/documents/sb450_00_0000.pdf)
2. **Enrolled - Law effective July 1, 2022** (committee substitute) — [source](http://www.kslegislature.org/li/b2021_22/measures/documents/sb450_enrolled.pdf)
3. **Sub** (committee substitute) — [source](http://www.kslegislature.org/li/b2021_22/measures/documents/sb450_01_0000.pdf)
## Votes
- Emergency Final Action - Passed; — **117–5** (pass) · lower
- Final Action - Substitute passed; — **38–2** (pass) · upper
## Sponsors
- Committee on Financial Institutions and Insurance — primary (organization)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2022-02-08** Introduced `introduction`
- **2022-02-09** Referred to Committee on Ways and Means `referral-committee`
- **2022-02-09** Withdrawn from Committee on Ways and Means; Referred to Committee on Financial Institutions and Insurance `referral-committee`
- **2022-02-10** Hearing: Tuesday, February 15, 2022, 9:30 AM Room 546-S
- **2022-02-17** Committee Report recommending substitute bill be passed by Committee on Financial Institutions and Insurance `committee-passage-favorable`
- **2022-02-22** Committee of the Whole - Now working on
- **2022-02-22** Committee of the Whole - Committee Report be adopted recommending substitute bill be passed `passage, substitution`
- **2022-02-22** Committee of the Whole - Substitute bill be passed `passage, substitution`
- **2022-02-23** Final Action - Substitute passed; Yea: 38 Nay: 2 `passage, substitution`
- **2022-03-01** Received and Introduced `introduction`
- **2022-03-02** Referred to Committee on Insurance and Pensions `referral-committee`
- **2022-03-09** Hearing: Wednesday, March 16, 2022, 3:30 PM Room 218-N
- **2022-03-17** Committee Report recommending bill be passed by Committee on Insurance and Pensions `committee-passage-favorable`
- **2022-03-23** Committee of the Whole - Now working on
- **2022-03-23** Committee of the Whole - Be passed `passage`
- **2022-03-23** Emergency Final Action - Passed; Yea: 117 Nay: 5 `passage`
- **2022-03-28** Enrolled and presented to Governor on Monday, March 28, 2022 `executive-receipt`
- **2022-04-01** Approved by Governor on Friday, April 1, 2022 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/746c56fa-717c-41dc-8638-ba12db96fc19`. Confidence: reported (aggregated from official Kansas legislature records).