Kentucky Senate Bill 107 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 22 2019 - 100% progression
Action: 2019-03-22 - signed by Governor (KY Acts ch. 048)
Text: Latest bill text (Engrossed) [PDF]

Amend KRS 18A.250 to provide that employees of the executive, legislative, or judicial branches of Kentucky state government hired on or after July 1, 2019, shall be automatically enrolled in the 401(k) voluntary retirement plan with a monthly employee contribution of $30 per month; provide that the employee shall continue to contribute to the plan unless or until the employee makes an election to change the contribution; provide that the Kentucky Public Employees Deferred Compensation Authority board shall have the authority to select default investment options and amend the 401(k) plan as needed to implement automatic enrollment; require the Kentucky Public Employees Deferred Compensation Authority to report to the Public Pension Oversight Board by December 31, 2019, on the development of the automatic enrollment provisions and options to improve participation in the plans.

AN ACT relating to automatic enrollment in the Kentucky Public Employees Deferred Compensation Authority plans.

Sen. Jimmy Higdon [R]

2019-03-12 - House - House: Third Reading RCS# 283 (Y: 93 N: 2 NV: 0 Abs: 5) [PASS]
2019-02-20 - Senate - Senate: Third Reading RSN# 825 (Y: 35 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2019-03-22	Senate	signed by Governor (KY Acts ch. 048)
2019-03-13	Senate	delivered to Governor
2019-03-13	Senate	enrolled, signed by Speaker of the House
2019-03-13	Senate	enrolled, signed by President of the Senate
2019-03-13	Senate	received in Senate
2019-03-12	House	3rd reading, passed 93-2
2019-03-06	House	posted for passage in the Regular Orders of the Day for Thursday, March 7, 2019
2019-03-01	House	2nd reading, to Rules
2019-02-28	House	reported favorably, 1st reading, to Calendar
2019-02-26	House	posted in committee
2019-02-22	House	to State Government (H)
2019-02-21	House	received in House
2019-02-20	Senate	3rd reading, passed 35-0
2019-02-19	Senate	posted for passage in the Regular Orders of the Day for Wednesday, February 20, 2019
2019-02-14	Senate	2nd reading, to Rules
2019-02-13	Senate	reported favorably, 1st reading, to Calendar
2019-02-08	Senate	to State & Local Government (S)
2019-02-05	Senate	introduced in Senate

Type	Source
Summary	https://apps.legislature.ky.gov/record/19RS/sb107.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/19RS/sb107/orig_bill.pdf
Text	https://apps.legislature.ky.gov/recorddocuments/bill/19RS/sb107/bill.pdf
Roll Call	https://apps.legislature.ky.gov/record/19RS/sb107/vote_history.pdf