Senate Bill 219

Actions
Last Action 02/28/20: to State & Local Government (S)
Title AN ACT relating to the state-administered retirement systems.
Bill Documents Introduced
Fiscal Impact Statement Actuarial Analysis
Bill Request Number 1863
Sponsor J. Higdon
Summary of Original Version Amend KRS 21.540, 61.645, and 161.250 to require the state-administered retirement systems to publicly disclose by asset class, instead of at the manager level, the dollar value of all fees and commissions paid to managers and partnerships, including but not limited to profit sharing, carried interest, and any other partnership incentive arrangements; require that, in addition to contracts and offering documents, all renewals or modifications of those contracts for services, goods, or property be made publicly available if purchased or utilized by the retirement system for fiscal years beginning on or after July 1, 2017; require that information withheld from public disclosure under existing statutory exemptions be redacted under a process approved by the retirement board.
Index Headings of Original Version Actuarial Analysis - Staste-administered retirement systems, contracts and investment fees, public disclosure of
Public Officers and Employees - State-administered retirement systems, contracts and investment fees, public disclosure of
Public Records and Reports - State-administered retirement systems, contracts and investment fees, public disclosure of
Retirement and Pensions - State-administered retirement systems, contracts and investment fees, public disclosure of
State Agencies - State-administered retirement systems, contracts and investment fees, public disclosure of

Actions

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02/26/20
  • introduced in Senate
02/28/20
  • to State & Local Government (S)


Last updated: 4/29/2020 12:16 PM (EDT)
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