Last Action | 02/14/18: to State Government (H) |
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Title | AN ACT relating to state funds. |
Bill Documents | Introduced |
Fiscal Impact Statement | Local Mandate |
Bill Request Number | 1228 |
Sponsor | R. Benvenuti III |
Summary of Original Version | Create a new section of KRS Chapter 45A to prohibit contracts with a person or business until that person or business agrees that he, she, or it is not engaged in boycotting a person or business based in or doing business with a member of the World Trade Organization or a jurisdiction with whom the United States has a free trade or other nondiscriminatory trade agreement; amend KRS 45A.343, 65.027, 160.303, 164A.575, 176.070, and 424.260 to add the boycott prohibition requirement to contracts made by local governments, school districts, public universities, and the Department of Highways; create a new section of KRS Chapter 61 to require the investment committee of the Kentucky Employees Retirement System to divest from Iran-restricted companies, Sudan-restricted companies, and companies that that boycott Israel; create a new section of KRS Chapter 21 to require the investment committee of the Judicial Retirement System to divest from Iran-restricted companies, Sudan-restricted companies, and companies that boycott Israel; create a new section of KRS Chapter 161 to require the Teachers' Retirement System to divest from Iran-restricted companies, Sudan-restricted companies, and companies that boycott Israel; amend KRS 6.525 to include the divestment requirement for the Legislator's Retirement Plan. |
Index Headings of Original Version |
Capital Construction - Contracts, boycott prohibition clause, requiring Courts - Judicial Retirement Plan, restricted companies, divestment from Education, Elementary and Secondary - Contracts, boycott prohibition clause, requiring Education, Higher - Contracts, boycott prohibition clause, requiring General Assembly - Legislative Retirement Plan, restricted companies, divestment from Highways, Streets, and Bridges - Contracts, boycott prohibition clause, requiring Local Government - Contracts, boycott prohibition clause, requiring Public Buildings and Grounds - Contracts, boycott prohibition clause, requiring Purchasing - State contracts, boycott prohibition clause, requiring Retirement and Pensions - Restricted companies, divestment from State Agencies - Contracts, boycott prohibition clause, requiring State Agencies - Judicial Retirement Plan, restricted companies, divestment from State Agencies - Kentucky Employees Retirement System, restricted companies, divestment from State Agencies - Teacher's Retirement System, restricted companies, divestment from State Employees - Kentucky Employees Retirement System, restricted companies, divestment from State Employees - Legislative Retirement Plan, restricted companies, divestment from Teachers - Teacher's Retirement System, restricted companies, divestment from Local Mandate - Contracts, boycott prohibition clause, requiring |
02/12/18 |
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02/14/18 |
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Last updated: 9/1/2020 2:57 PM (EDT)
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