Kentucky House Bill 329 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 26 2010 - 100% progression
Action: 2010-04-26 - signed by Governor (Acts ch. 173)
Text: Latest bill text (Draft #1) [MS Word]

Amend KRS 61.542 to provide that members of the Kentucky Employees Retirement System, the County Employees Retirement System, and the State Police Retirement System cannot change their beneficiary designation for their retirement allowance on or after the first day of the month in which the member receives his or her first payment rather than on or after the date the State Treasurer issues the first payment; make technical amendments; amend KRS 61.590 to provide that a member or beneficiary of a member of the Kentucky Employees Retirement System, the County Employees Retirement System, and the State Police Retirement System cannot change their payment option for their retirement allowance on or after the first day of the month in which the member receives his or her first payment rather than on or after the date the State Treasurer issues the first payment; amend KRS 16.578, 61.630, and 61.640 to conform and to make technical amendments; amend KRS 16.642, 61.650, and 78.790 to provide that the Kentucky Retirement Systems investment committee shall have authority to implement the investment policies adopted by the board rather than providing the committee with the authority to implement investment policies; authorize the change in registration of securities to be completed in accordance with written policies adopted by the Kentucky Retirement System's board rather than upon the signature of the board chair and executive director.

AN ACT relating to retirement.

Rep. James Glenn [D]

Date	Chamber	Action
2010-04-26		signed by Governor (Acts ch. 173)
2010-04-15		delivered to Governor
2010-04-15		enrolled, signed by each presiding officer
2010-04-14		received in House
2010-04-14		3rd reading, passed 38-0
2010-04-14		posted for passage in the Consent Orders of the Day for Wednesday, April 14, 2010
2010-03-25		reported favorably, to Rules as a Consent Bill
2010-03-23		returned to State & Local Government (S)
2010-03-23		2nd reading
2010-03-23		taken from committee
2010-03-19		returned to State & Local Government (S)
2010-03-19		1st reading
2010-03-19		taken from committee
2010-02-22		to State & Local Government (S)
2010-02-18		received in Senate
2010-02-17		3rd reading, passed 95-0 with floor amendment (1)
2010-02-12		floor amendment (1) filed
2010-02-12		posted for passage in the Regular Orders of the Day for Tuesday, February 16, 2010
2010-02-12		2nd reading, to Rules
2010-02-11		reported favorably, 1st reading, to Calendar
2010-02-02		posted in committee
2010-01-28		to State Government (H)
2010-01-27		introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/10RS/HB329.htm
Text	http://www.lrc.ky.gov/record/10RS/HB329/bill.doc