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House Bill 377

Actions | Amendments
Last Action signed by Governor (Acts, ch. 173)
Title AN ACT relating to the Workers' Compensation Funding Commission.
Bill Documents Current/Final
Introduced
Bill Request Number 1707
Sponsor J. DeCesare
Summary of Original Version Amend KRS 337.1223 to provide discretion to the Workers' Compensation Funding Commission to consult with the Office of Financial Management and grant the commission the authority to also contract with outside investment firms within the parameters of KRS Chapter 45A, and require that the Office of Financial Management be consulted and participate in the selection of outside investment firms; however, the Funding Commission has the final approval. Fees for the outside contracts shall be paid from the investment earnings.
Index Headings of Original Version Labor and Industry - Workers' Compensation Funding Commission, investment authority
State Agencies - Workers' Compensation Funding Commission, investment authority with Office of Financial Management
Workers' Compensation - Workers' Compensation Funding Commission, investment authority
Proposed Amendments Senate Committee Substitute 1
Senate Committee Amendment 1
Votes Vote History

Actions

Top | Amendments
02/15/17
  • introduced in House
02/16/17
  • to Economic Development & Workforce Investment (H)
02/22/17
  • posted in committee
02/23/17
  • reported favorably, 1st reading, to Calendar
02/24/17
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Tuesday, February 28, 2017
02/28/17
  • 3rd reading, passed 82-11
  • received in Senate
03/01/17
  • to Economic Development, Tourism, and Labor (S)
03/06/17
  • reported favorably, 1st reading, to Calendar
03/07/17
  • 2nd reading, to Rules
03/14/17
  • recommitted to Economic Development, Tourism, and Labor (S)
03/30/17
  • reported favorably, to Rules with committee amendment (1-title) and Committee Substitute
  • posted for passage in the Regular Orders of the Day for Thursday, March 30, 2017
  • 3rd reading, passed 38-0 with Committee Substitute and committee amendment (1-title)
  • received in House
  • to Rules (H)
  • posted for passage for concurrence in Senate committee amendment (1-title) and Committee Substitute
  • House concurred in Senate committee amendment (1-title) and Committee Substitute
  • Bill passed 86-3
  • enrolled, signed by Speaker of the House
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/10/17
  • signed by Governor (Acts, ch. 173)

Proposed Amendments

Top | Actions
Amendment Senate Committee Substitute 1
Summary Retain original provisions; create a new section of KRS Chapter 342 for the General Assembly to declare the issues surrounding the Kentucky coal workers' pneumoconiosis fund; create a new section of KRS Chapter 342 to close the coal workers' pneumoconiosis fund on July 1, 2017 to all new claims, transfer liabilities and assets to the Kentucky Employers' Mutual Insurance Authority, and set forth assessment requirements for 2017 and 2018; amend KRS 342.1242, 342.316, 342.320, 342.732, 342.792, 342.794, and 342.120 to bring the statutes into conformity with closing the coal workers' pneumoconiosis fund and transfer to the Kentucky Employers' Mutual Insurance Authority. KRS 342.1241 is repealed; EMERGENCY.
Index Headings Labor and Industry - Workers' Compensation Funding Commission, investment authority
State Agencies - Workers' Compensation Funding Commission, investment authority with Office of Financial Management
Workers' Compensation - Workers' Compensation Funding Commission, investment authority

Amendment Senate Committee Amendment 1
Sponsor A. Kerr
Summary Title Amendment.
Index Headings Labor and Industry - Workers' Compensation Funding Commission, investment authority
State Agencies - Workers' Compensation Funding Commission, investment authority with Office of Financial Management
Workers' Compensation - Workers' Compensation Funding Commission, investment authority

Last updated: 1/16/2019 3:02 PM (EST)