15RS Senate Bill 94

Actions

Last Action	to Appropriations & Revenue (H)
Title	AN ACT relating to debt and making an appropriation therefor.
Bill Documents	Bill
Impact Statements	Actuarial Analysis
Bill Request Number	209
Sponsors	J. Bowen, C. McDaniel, R. Alvarado, J. Schickel, W. Schroder, D. Thayer
Summary of Original Version	Amend KRS 48.010 to define terms; create a new section of KRS Chapter 48 to establish limitations on the issuance of general fund-supported debt, calculate the debt limitation savings, and transfer the savings to the nonhazardous employee unfunded liability trust fund; create a new section of KRS Chapter 61 to establish the nonhazardous employee unfunded liability trust fund, to offset the supplemental contribution required by certain employers; amend KRS 61.565 to require a supplemental contribution for each employer participating in the Kentucky Employees Retirement System; amend KRS 56.063 to conform.
Index Headings of Original Version	General Assembly - General fund-supported debt limitations, establish Retirement and Pensions - Nonhazardous employee unfunded liability trust fund, create Retirement and Pensions - Supplemental contribution, require Budget and Financial Administration - General fund-supported debt limitations, establish Capital Construction - General fund-supported debt limitations, establish Actuarial Analysis - Nonhazardous employee unfunded liability trust fund, create
Votes	Vote History

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02/03/15	introduced in Senate
02/05/15	to Appropriations & Revenue (S)
02/19/15	reported favorably, 1st reading, to Calendar
02/20/15	2nd reading, to Rules
02/26/15	posted for passage in the Regular Orders of the Day for Thursday, February, 26, 2015
02/27/15	3rd reading, passed 28-8 received in House
03/02/15	to Appropriations & Revenue (H)