KY HB236 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 7-0)
Status: Passed on March 24 2023 - 100% progression
Action: 2023-03-24 - signed by Governor (Acts Ch. 94)
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 7-0)
Status: Passed on March 24 2023 - 100% progression
Action: 2023-03-24 - signed by Governor (Acts Ch. 94)
Text: Latest bill text (Chaptered) [PDF]
Summary
Amend KRS 21.450, 61.650, 78.790, and 161.430 to provide that fiduciaries shall consider the sole interest of the members and beneficiaries of the retirement systems using only pecuniary factors and prohibit the consideration of or actions on nonpecuniary interests including environmental, social, political, and ideological interests.
Title
AN ACT relating to the fiduciary duties owed to the state-administered retirement systems.
Sponsors
| Rep. Scott Sharp [R] | Rep. Shane Baker [R] | Rep. Daniel Elliott [R] | Rep. Patrick Flannery [R] |
| Rep. Steve Rawlings [R] | Rep. Walker Thomas [R] | Rep. Wade Williams [R] |
Roll Calls
2023-03-13 - Senate - Senate: Third Reading RSN# 2598 (Y: 32 N: 5 NV: 0 Abs: 0) [PASS]
2023-03-02 - House - House: Third Reading RCS# 114 (Y: 77 N: 17 NV: 0 Abs: 6) [PASS]
2023-03-02 - House - House: Third Reading RCS# 114 (Y: 77 N: 17 NV: 0 Abs: 6) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-24 | House | signed by Governor (Acts Ch. 94) |
| 2023-03-13 | House | delivered to Governor |
| 2023-03-13 | House | enrolled, signed by President of the Senate |
| 2023-03-13 | House | enrolled, signed by Speaker of the House |
| 2023-03-13 | House | received in House |
| 2023-03-13 | Senate | passed 32 -5 |
| 2023-03-13 | Senate | floor amendment (1) withdrawn |
| 2023-03-13 | Senate | 3rd reading |
| 2023-03-10 | Senate | posted for passage in the Regular Orders of the Day for Monday, March 13, 2023 |
| 2023-03-09 | Senate | 2nd reading, to Rules |
| 2023-03-08 | Senate | floor amendment (1) filed |
| 2023-03-08 | Senate | reported favorably, 1st reading, to Calendar |
| 2023-03-07 | Senate | to State & Local Government (S) |
| 2023-03-03 | Senate | to Committee on Committees (S) |
| 2023-03-03 | Senate | received in Senate |
| 2023-03-02 | House | 3rd reading, passed 77-17 with Committee Substitute (1) and Floor Amendment (1) |
| 2023-03-01 | House | posted for passage in the Regular Orders of the Day for Thursday, March 02, 2023 |
| 2023-02-28 | House | floor amendment (1) filed to Committee Substitute |
| 2023-02-24 | House | 2nd reading, to Rules |
| 2023-02-23 | House | reported favorably, 1st reading, to Calendar with Committee Substitute (1) |
| 2023-02-14 | House | to Natural Resources & Energy (H) |
| 2023-02-09 | House | to Committee on Committees (H) |
| 2023-02-09 | House | introduced in House |
