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Kansas SB 310 Would Permit Cryptocurrency Contributions Under Defined Compliance Rules


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Senate Bill 310, filed January 12, 2026 and carried by Senator Craig Bowser, would permit cryptocurrency contributions to Kansas state and local campaigns while leaving acceptance optional for individual campaigns and excluding federal races. The bill was referred to the Senate Committee on Federal and State Affairs on January 13 and has a public hearing scheduled for January 22 in Room 144 S at 10:30 a.m. The bill requires donations to be routed through a United States-based payment processor registered with FinCEN that takes custody, values contributions at fair market value when possession is assumed, and converts funds into U.S. dollars within three business days. Once converted, campaigns must treat and report proceeds under existing Kansas campaign finance rules, and the processor must transmit donor name, address, and occupation to the campaign or committee within 24 hours. The bill sets a per-election donor cap of $200 and requires refunds of any excess; campaigns that choose to accept crypto may use a dedicated wallet and a QR code that routes contributions through a compliant processor. The Division of the Budget fiscal note indicates no material state budget impact. The Kansas Governmental Ethics Commission recommended in 2022 that lawmakers address cryptocurrency donations. Implementation and oversight questions include handling failed conversions and partial refunds, processor intake and reporting workflow changes, treasurer procedures for booking converted proceeds and refunds, the exact format for transmitted contributor records, enforcement at the processor layer, and the readiness and onboarding of processors, vendors, and local or down-ballot campaigns. If the committee advances the bill, the next legislative steps include committee markup and potential amendments. 

Source: https://web3businessnews.com/policy/kansas-crypto-campaigns-sb310/



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Web3 Wavefronts - Digestible News on Crypto, DeFi and AIBy theWeb3.news