Kentucky House Bill 338 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2018 - 25% progression, died in committee
Action: 2018-02-12 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]

Create a new section of KRS 61.510 to 61.705 to create a five percent surcharge on state contracts for personnel hired in lieu of hiring a state employee; require the surcharge to be paid to the unfunded liability trust fund created under KRS 61.706 to be applied to the Kentucky Employees Retirement System nonhazardous pension fund; apply to all participating employers and for all memoranda of agreement and personnel service contracts, as defined in KRS 45A.690 of the Model Procurement Code.

AN ACT relating to a pension surcharge on state contracts to be applied to the Kentucky Retirement Systems unfunded liability, making an appropriation therefor, and declaring an emergency.

Rep. James Kay [D]

Date	Chamber	Action
2018-02-12	House	to Appropriations & Revenue (H)
2018-02-08	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/18RS/HB338.htm
Text	http://www.lrc.ky.gov/recorddocuments/bill/18RS/HB338/bill.pdf