Kentucky House Bill 427 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 18 2016 - 25% progression, died in chamber
Action: 2016-02-23 - posted in committee
Text: Latest bill text (Draft #1) [PDF]

Create new sections of KRS 61.510 to 61.705 to create a 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; 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; create a surcharge on Kentucky Community and Technical College System employees not participating in Kentucky Employees Retirement System; create new section of KRS 161.220 to 161.716 to create a surcharge on Kentucky Community and Technical College System employees not participating in Kentucky Teachers' Retirement System; amend KRS 164.350, 164.365 and 164.5805 to conform; EMERGENCY.

AN ACT relating to pension surcharges to benefit the Kentucky Retirement Systems and Kentucky Teachers' Retirement System and declaring an emergency.

Rep. Brent Yonts [D]

Date	Chamber	Action
2016-02-23	House	posted in committee
2016-02-22	House	to State Government (H)
2016-02-18	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/16RS/HB427.htm
Text	http://www.lrc.ky.gov/record/16RS/HB427/bill.pdf
Supplement	http://www.lrc.ky.gov/record/16RS/HB427/FN.pdf