KY HB69 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 22 2021 - 100% progression
Action: 2021-03-22 - signed by Governor (Acts Ch. 64)
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 22 2021 - 100% progression
Action: 2021-03-22 - signed by Governor (Acts Ch. 64)
Text: Latest bill text (Engrossed) [PDF]
Summary
Amend KRS 6.350 to establish additional standards and requirements for the completion of the actuarial analysis required for bills pertaining to state-administered retirement systems, including a projection of costs/savings over a 30-year period rather than 20 years, completion of the analysis in a format established by the Legislative Research Commission, and the addition of a summary of relevant data and information on the front page of the analysis; amend KRS 21.440, 61.670, and 161.400 to require the state-administered retirement systems to provide a projection/analysis over a 30-year period rather than a 20-year period regarding projections in the annual actuarial valuation and as it relates to experience studies, assumption changes, and other changes made by the boards of each system.
Title
AN ACT relating to actuarial reporting for the state-administered retirement systems.
Sponsors
Roll Calls
2021-03-16 - Senate - Senate: Third Reading RSN# 1744 (Y: 36 N: 0 NV: 0 Abs: 2) [PASS]
2021-03-01 - House - House: Third Reading RCS# 163 (Y: 91 N: 0 NV: 0 Abs: 9) [PASS]
2021-03-01 - House - House: Third Reading RCS# 163 (Y: 91 N: 0 NV: 0 Abs: 9) [PASS]
History
Date | Chamber | Action |
---|---|---|
2021-03-22 | House | signed by Governor (Acts Ch. 64) |
2021-03-16 | House | delivered to Governor |
2021-03-16 | House | enrolled, signed by President of the Senate |
2021-03-16 | House | enrolled, signed by Speaker of the House |
2021-03-16 | House | received in House |
2021-03-16 | Senate | 3rd reading, passed 36-0 |
2021-03-15 | Senate | passed over and retained in the Consent Orders of the Day |
2021-03-12 | Senate | posted for passage in the Consent Orders of the Day for Monday, March 15, 2021 |
2021-03-11 | Senate | reported favorably, 2nd reading, to Rules as a consent bill |
2021-03-05 | Senate | returned to State & Local Government (S) |
2021-03-05 | Senate | 1st reading |
2021-03-05 | Senate | taken from State & Local Government (S) |
2021-03-03 | Senate | to State & Local Government (S) |
2021-03-02 | Senate | to Committee on Committees (S) |
2021-03-02 | Senate | received in Senate |
2021-03-01 | House | 3rd reading, passed 91-0 |
2021-02-26 | House | posted for passage in the Regular Orders of the Day for Monday, March 1, 2021 |
2021-02-26 | House | 2nd reading, to Rules |
2021-02-25 | House | reported favorably, 1st reading, to Calendar |
2021-02-23 | House | posted in committee |
2021-02-11 | House | to State Government (H) |
2021-01-05 | House | to Committee on Committees (H) |
2021-01-05 | House | introduced in House |
2020-10-07 | House | Prefiled by the sponsor(s). |