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Senate Bill 22

Actions | Amendments
Last Action taken from the Consent Orders of the Day, placed in the Regular Orders of the Day
Title AN ACT relating to public pension fund investments.
Bill Documents Bill
Impact Statements Actuarial Analysis
Bill Request Number 102
Sponsors C. McDaniel, D. Thayer
Summary of Original Version 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.
Index Headings of Original Version Actuarial Analysis - State-administered retirement systems, disclosure of placement agents
General Assembly - Public pension funds, disclosure of placement agents
Public Officers and Employees - Public pension funds, disclosure of placement agents
Retirement and Pensions - State-administered retirement systems, disclosure of placement agents
State Agencies - State-administered retirement systems, disclosure of placement agents
Proposed Amendments House Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
09/25/14
  • Prefiled by the sponsor(s).
11/12/14
  • To: Interim Joint Committee on State Government
01/06/15
  • introduced in Senate
02/03/15
  • to State & Local Government (S)
02/04/15
  • reported favorably, 1st reading, to Calendar
02/05/15
  • 2nd reading, to Rules
02/11/15
  • posted for passage in the Regular Orders of the Day for Wednesday, February 11, 2015
  • 3rd reading, passed 36-0
02/12/15
  • received in House
02/23/15
  • to State Government (H)
02/27/15
  • posted in committee
03/02/15
  • taken from State Government (H)
  • 1st reading
  • returned to State Government (H)
  • posting waived
03/03/15
  • reported favorably, 2nd reading, to Rules with Committee Substitute as a Consent Bill
03/04/15
  • taken from Rules
  • placed in the Consent Orders of the Day for Friday, March 6, 2015
03/09/15
  • taken from the Consent Orders of the Day, placed in the Regular Orders of the Day

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Summary Retain original provisions; make technical amendments.
Index Headings Actuarial Analysis - State-administered retirement systems, disclosure of placement agents
General Assembly - Public pension funds, disclosure of placement agents
Public Officers and Employees - Public pension funds, disclosure of placement agents
Retirement and Pensions - State-administered retirement systems, disclosure of placement agents
State Agencies - State-administered retirement systems, disclosure of placement agents

Last updated: 1/16/2019 3:10 PM (EST)