AN ACT relating to the regulation of proxy advisory services.
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What it does
Official summary
Create new sections of KRS Chapter 367 to define terms; require proxy advisors to notify and disclose certain information to shareholders in a company doing business in Kentucky and to the company that is subject to the proxy advisory service when the proxy advisor is not acting solely in the interest of shareholders, as defined, or is providing materially different advice to shareholders regarding a proxy proposal or company proposal; declare that failure to notify or disclose required information is an unfair, false, misleading, or deceptive trade practice in violation of KRS 367.170; establish remedies including civil actions; apply to proxy advisory services provided on or after the effective date of the Act.
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Where do you stand?
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Tell your reps
Take a position to see your representatives and ways to contact them.
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More on this bill
Where it stands
Introduced
Passed Senate
Passed House
To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Mar 31delivered to Secretary of State (Acts Ch. 10)Latest
Vote recorded Final Passage. Result: pass.Lower
Vote recorded OVERRIDE VETO FINAL PASSAGE SB 183. Result: pass.Upper
Mar 31enrolled, signed by Speaker of the HouseTo Governor
Mar 31enrolled, signed by President of the SenateMajor
Mar 31passed 76-15Major
Mar 31veto overriddenMajor
Mar 31posted for consideration of Governor's veto
Mar 31taken from Rules
Mar 31to Rules (H)Minor
Mar 31received in House
Mar 31passed 31-6Major
Mar 31veto overriddenMajor
Mar 31posted for passage for consideration of Governor's veto
Mar 31to Rules (S)Minor
Mar 31received in Senate
Mar 27VetoedMajor
Mar 17delivered to Governor
Vote recorded FINAL PASSAGE OF SB 183 w/ HCS 1. Result: pass.Upper
Mar 17enrolled, signed by Speaker of the HouseMajor
Mar 17enrolled, signed by President of the SenateMajor
Mar 17passed 31-6Major
Mar 17Senate concurred in House Committee Substitute (1)
Mar 17posted for passage for concurrence in House Committee Substitute
Mar 17taken from Rules
Mar 16to Rules (S)Minor
Mar 16received in Senate
Mar 133rd reading, passed 81-6 with Committee Substitute (1)Passed House
Vote recorded Pass. Result: pass.Lower
Mar 12posted for passage in the Regular Orders of the Day for Friday, March 13 2026
Mar 122nd reading, to RulesMinor
Mar 11reported favorably, 1st reading, to Calendar with Committee Substitute (1)Minor
Mar 9to Banking & Insurance (H)Minor
Feb 11to Committee on Committees (H)Minor
Feb 11received in House
Feb 103rd reading, passed 32-6Passed Senate
Vote recorded PASS SB 183. Result: pass.Upper
Feb 6posted for passage in the Regular Orders of the Day for Tuesday, February 10 2026
Feb 62nd reading, to RulesMinor
Feb 5reported favorably, 1st reading, to CalendarMinor
Feb 4to Economic Development, Tourism, & Labor (S)Minor