KY HB448 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 15 2016 - 50% progression, died in chamber
Action: 2016-03-17 - to State & Local Government (S)
Text: Latest bill text (Draft #2) [PDF]
Status: Engrossed on March 15 2016 - 50% progression, died in chamber
Action: 2016-03-17 - to State & Local Government (S)
Text: Latest bill text (Draft #2) [PDF]
Summary
Create a new section of KRS Chapter 61 to provide that an employer ceasing participation in the Kentucky Employees Retirement System or the County Employees Retirement System as provided by KRS 61.522 that elects to provide an alternative retirement plan with mandatory employee contributions may "pick-up" the employee contributions in the alternative retirement plan so that the contributions will be made on a tax-deferred basis; amend KRS 141.010 to conform.
Title
AN ACT relating to agencies that discontinue participation in Kentucky Retirement Systems.
Sponsors
Rep. Brent Yonts [D] |
History
Date | Chamber | Action |
---|---|---|
2016-03-17 | Senate | to State & Local Government (S) |
2016-03-15 | Senate | received in Senate |
2016-03-14 | House | 3rd reading, passed 94-0 with floor amendment (3) |
2016-03-01 | House | floor amendment (3) filed |
2016-02-29 | House | floor amendment (1) and (2-title) filed |
2016-02-29 | House | posted for passage in the Regular Orders of the Day for Tuesday, March 1, 2016 |
2016-02-26 | House | 2nd reading, to Rules |
2016-02-25 | House | reported favorably, 1st reading, to Calendar |
2016-02-23 | House | posted in committee |
2016-02-22 | House | to State Government (H) |
2016-02-19 | House | introduced in House |