HB 697 (BR 535) - W. Coursey, M. Cherry
AN ACT relating to Kentucky Public Employees Deferred Compensation Authority.
Create a new section of KRS 18A.230 to 18A.275 to provide that assets of the trust fund for the Kentucky Public Employees Deferred Compensation Authority shall be used exclusively for the benefit of participants and beneficiaries; amend KRS 18A.240 to clarify that no part of the trust fund shall revert to the general fund of the Commonwealth; amend KRS 18A.245 to provide for proxy voting for ex officio members of the authority's board and allow the authority to contract for services to provide investment advice for participants; amend KRS 18A.255 to provide the authority or board shall not be liable for investment advice provided to the participant by persons contracted to do so by the authority.
Mar 3-introduced in House
Mar 4-to State Government (H)
Mar 5-posting waived
Mar 6-reported favorably, 1st reading, to Calendar
Mar 7-2nd reading, to Rules
Mar 11-posted for passage in the Regular Orders of the Day for Wednesday, March 12, 2008
Mar 17-3rd reading, passed 93-1
Mar 18-received in Senate
Mar 25-taken from the Committee on Committees; 1st reading; returned to the Committee on Committees
Mar 26-to State & Local Government (S)
Mar 27-taken from committee State & Local Government (S); 2nd reading; returned to State & Local Government (S)
Mar 28-reported favorably, to Rules as a Consent Bill
Apr 2-posted for passage in the Consent Orders of the Day for April 2, 2008; 3rd reading, passed 38-0; received in House
Apr 14-enrolled, signed by Speaker of the House
Apr 15-enrolled, signed by President of the Senate; delivered to Governor
Apr 24-signed by Governor (Acts Ch. 181)
Vote History
