KY HB483 | 2021 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 10 2021 - 25% progression, died in committee
Action: 2021-02-10 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2021 - 25% progression, died in committee
Action: 2021-02-10 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 16.642, 61.650, and 78.790 to limit the amount of assets that the boards of trustees may invest in alternative investments to not more than 25 percent of the assets in the pension and insurance funds of the State Police Retirement System, the Kentucky Employees Retirement System, and the County Employees Retirement System, respectively.
Title
AN ACT relating to the investment of funds by the Kentucky Retirement Systems' and County Employees Retirement System's boards of trustees.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-10 | House | to Committee on Committees (H) |
| 2021-02-10 | House | introduced in House |
Subjects
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | https://apps.legislature.ky.gov/record/21RS/hb483.html |
| Text | https://apps.legislature.ky.gov/recorddocuments/bill/21RS/hb483/orig_bill.pdf |
