KY SB22 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on February 12 2015 - 50% progression, died in chamber
Action: 2015-03-09 - taken from the Consent Orders of the Day, placed in the Regular Orders of the Day
Text: Latest bill text (Draft #3) [MS Word]

Summary

Amend KRS 21.540, 61.645, and 161.430 to require the Judicial Retirement Plan, the Legislators' Retirement Plan, the Kentucky Retirement Systems, and the Kentucky Teachers' Retirement System to establish by reference in administrative regulation a placement agent disclosure policy; require the policy to disclose, at a minimum, to the boards of trustees of the plans and systems the name of the placement agent, dollar value of investment, and the fees or payments made to placement agent for each investment in which a placement agent was utilized; define placement agent; require the plans and systems to submit a quarterly update of the information disclosed to the respective boards of trustees to the Government Contract Review Committee; provide that the disclosure shall apply to contracts established or renewed on or after July 1, 2015.

Tracking Information

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Title

AN ACT relating to public pension fund investments.

Sponsors


History

DateChamberAction
2015-03-09Housetaken from the Consent Orders of the Day, placed in the Regular Orders of the Day
2015-03-04Houseplaced in the Consent Orders of the Day for Friday, March 6, 2015
2015-03-04Housetaken from Rules
2015-03-03Housereported favorably, 2nd reading, to Rules with Committee Substitute as a Consent Bill
2015-03-02Houseposting waived
2015-03-02Housereturned to State Government (H)
2015-03-02House1st reading
2015-03-02Housetaken from State Government (H)
2015-02-27Houseposted in committee
2015-02-23Houseto State Government (H)
2015-02-12Housereceived in House
2015-02-11Senate3rd reading, passed 36-0
2015-02-11Senateposted for passage in the Regular Orders of the Day for Wednesday, February 11, 2015
2015-02-05Senate2nd reading, to Rules
2015-02-04Senatereported favorably, 1st reading, to Calendar
2015-02-03Senateto State & Local Government (S)
2015-01-06Senateintroduced in Senate
2015-11-12SenateTo: Interim Joint Committee on State Government

Kentucky State Sources


Bill Comments

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