The Senate committee deleted a block of House language that would have reallocated funds described as part of a Kansas housing linked deposit loan program and then approved multiple treasury‑related changes, including routing interest that accrues on ARPA balances monthly into the State General Fund.

State treasurer and member discussion
Treasurer staff explained the House language sought to remove funds identified in the Kansas housing linked deposit program and reallocate them for housing grants, but the treasurer’s office said the identified monies were investment directives tied to state-held funds and not immediately expendable as the House language proposed. Committee members moved to delete the House language; the motion passed.

ARPA interest
A separate motion directed that, beginning May 1, monthly interest accrued on ARPA balances be calculated and deposited into the State General Fund for FY25–26. Treasury staff reported about $2 million per month had been accruing and being deposited; committee members said directing the interest to SGF would increase accountability and transparency and ensure the interest is available for state budget priorities. The committee adopted language to deposit monthly ARPA interest into SGF.

Other treasurer provisos
The committee approved deletion of a House item that would have redirected an investment bucket for a housing-linked program (Treasurer clarified those were investment directives and not liquid funds). The committee also approved other treasurer provisos and voted to remove House language renaming the Docking Building as the Dole State Building. The committee discussed several targeted transfers and funding proposals that will be addressed in conference.

Why it matters: The decisions change where interest earned on federal ARPA funds will flow (to SGF monthly) and block an immediate House reallocation of linked housing investment funds that the treasurer said could not be used as the House had proposed.

Provenance
Topic intro: discussion of treasurer items at ~s=4051.46; ARPA interest motion occurs later in the treasurer portion (ARPA interest motion recorded at ~s=6129.22). Topic finish: final treasurer provisos and votes concluded before moving to Office of the Governor (~s=6645.38).