House Bill 194

Actions | Amendments
Last Action 03/18/20: returned to State & Local Government (S)
Title AN ACT relating to actuarial analysis on retirement bills.
Bill Documents Current
Introduced
Fiscal Impact Statement Actuarial Analysis
Bill Request Number 1052
Sponsors J. Miller, J. DuPlessis, G. Brown Jr, T. Burch, K. Flood, D. Lewis, C. Miller, R. Rand, S. Sheldon, J. Sims Jr, J. Tipton, S. Westrom
Summary of Original Version Amend KRS 6.350 to establish additional requirements for the completion of the actuarial analysis required for bills pertaining to state-administered retirement systems; specify additional requirements to be projecting costs/savings over a 30 year period rather than 20 years, completing the analysis in a format established by the Legislative Research Commission, and requiring the front page of the analysis to include summary information.
Index Headings of Original Version General Assembly - Retirement bills, additional requirements for actuarial analysis, establishing
Legislative Research Commission - Retirement bills, additional requirements for actuarial analysis, establishing
Retirement and Pensions - Actuarial analysis, additional requirements for retirement bills, establishing
Actuarial Analysis - Retirement bills, additional requirements for actuarial analysis, establishing
Jump to Proposed Amendments House Floor Amendment 1
Votes Vote History

Actions

Top | Amendments
01/07/20
  • introduced in House
01/09/20
  • to State Government (H)
01/13/20
  • posted in committee
01/16/20
  • reported favorably, 1st reading, to Calendar
01/17/20
  • 2nd reading, to Rules
01/23/20
  • posted for passage in the Regular Orders of the Day for Friday, January 24, 2020
01/27/20
  • floor amendment (1) filed
01/28/20
  • 3rd reading, passed 60-35 with floor amendment (1)
01/29/20
  • received in Senate
01/31/20
  • to State & Local Government (S)
03/17/20
  • taken from State & Local Government (S)
  • 1st reading
  • returned to State & Local Government (S)
03/18/20
  • taken from State & Local Government (S)
  • 2nd reading
  • returned to State & Local Government (S)

Proposed Amendments

Top | Actions
Amendment House Floor Amendment 1
Sponsor D. Osborne
Summary Retain original provisions; provide that when the General Assembly is not in session and a pension bill has been pre-filed, the Legislative Research Commission (LRC) shall not transmit the request for an actuarial analysis unless authorized by the House Speaker or President of the Senate; provide that when the General Assembly is in session and a pension bill is filed, the retirement systems or its actuary shall not begin completion of an actuarial analysis on the bill until the LRC director or his or her designee notifies the system that the bill has been posted in committee or will be on a Senate committee agenda.
Index Headings General Assembly - Retirement bills, additional requirements for actuarial analysis, establishing
Legislative Research Commission - Retirement bills, additional requirements for actuarial analysis, establishing
Retirement and Pensions - Actuarial analysis, additional requirements for retirement bills, establishing

Last updated: 4/3/2020 3:41 PM (EDT)
To receive notice when the record is updated follow @LRCTweetBot.