Kentucky Senate Bill 219 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 26 2020 - 25% progression, died in committee
Action: 2020-02-28 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Introduced) [PDF]

Amend KRS 21.540, 61.645, and 161.250 to require the state-administered retirement systems to publicly disclose by asset class, instead of at the manager level, the dollar value of all fees and commissions paid to managers and partnerships, including but not limited to profit sharing, carried interest, and any other partnership incentive arrangements; require that, in addition to contracts and offering documents, all renewals or modifications of those contracts for services, goods, or property be made publicly available if purchased or utilized by the retirement system for fiscal years beginning on or after July 1, 2017; require that information withheld from public disclosure under existing statutory exemptions be redacted under a process approved by the retirement board.

AN ACT relating to the state-administered retirement systems.

Sen. Jimmy Higdon [R]

Date	Chamber	Action
2020-02-28	Senate	to State & Local Government (S)
2020-02-26	Senate	introduced in Senate

Type	Source
Summary	https://apps.legislature.ky.gov/record/20RS/sb219.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/20RS/sb219/orig_bill.pdf