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National 529 Day comes to Discovery Center


National 529 Day comes to Discovery Center
Joseph Hennessy
© Provided by Topeka WIBW-TV
Treasurer Lynn Rogers, (D)
TOPEKA, Kan. (WIBW) - The state treasurer’s office covered the cost of admission in at the children’s discovery center this morning to encourage those coming to save for higher education.
National 529 Day, which falls on May 29, encourages families to save for education starting now whether it be a 4-year, 2-year, vocational training, technical colleges, and union apprenticeships.
The savings accounts, better known as Learning Quests, allow parents and grandparents to put money aside from a tax advantage standpoint and put it towards their children’s college funds. The money can be used for tuition or student loan debt as well. ....

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Kansas Rushes Bill to Help Residents With High Energy Bills


Kansas Rushes Bill to Help Residents With High Energy Bills
A new law provides temporary relief to residents who received extremely high bills for natural gas use during the February cold front. Officials are investigating the price spike with concerns about price gouging.
Andrew Bahl, The Topeka Capital-Journal
  |  
March 4, 2021
  |  News
(TNS) State legislators are moving with breakneck speed to provide assurances to ratepayers and municipalities who are staring down the barrel of sky-high energy bills after bitter cold temperatures rammed the state and region last month.
A new program to provide loans to municipalities, which will have to pay bills in the hundreds of thousands of dollars within the next week, was fast-tracked with an aim to having the money in the hands of cities as soon as possible. ....

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Governor signs bill leveraging state funds for small business loans


Governor signs bill leveraging state funds for small business loans
Up to $60 million from the state’s coffers will be leveraged into small business loans under legislation signed into law Thursday by Gov. Laura Kelly, something advocates have deemed essential to help the state’s economy recover from COVID-19.
The bipartisan push to create the Economic Recovery Loan Deposit Program would make the idle funds available to financial institutions, which would in turn offer below-market rates to businesses, farmers and ranchers who need the funds. The bank or credit union, rather than the state, would bear the risk in the transaction. ....

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