KentuckyAN ACT relating to the fiduciary duties owed to the state-administered retirement systems.
What it does
Amend KRS 21.450, 61.650, 78.790, and 161.430 relating to the fiduciary duties owed to the state-administered retirement systems to define "shareholder-sponsored proposal" and "economic analysis"; require a proxy adviser under contract with a state-administered retirement system to conduct and document an economic analysis prior to voting on or recommending a vote on a shareholder-sponsored proposal that is inconsistent with the recommendation of the board of directors of the issuer of shares in order to demonstrate that a vote against management's recommendation is solely in the interest of the retirement plan members and beneficiaries; make technical corrections.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 27delivered to Secretary of State (Acts Ch. 115)Latest
- Vote recorded Final Passage. Result: pass.Upper
- Vote recorded Override Veto Final Passage SB 183. Result: pass.Upper
- Mar 27enrolled, signed by Speaker of the HouseTo Governor
- Mar 27enrolled, signed by President of the SenateMajor
- Mar 27received in Senate
- Mar 27passed 72-17Major
- Mar 27veto overriddenMajor
- Mar 27posted for consideration of Governor's veto
- Mar 27taken from Rules
- Mar 27to Rules (H)Minor
- Mar 27received in House
- Mar 27passed 31-7Major
- Mar 27veto overriddenMajor
- Mar 27posted for passage for consideration of Governor's veto
- Mar 27to Rules (S)Minor
- Mar 27received in Senate
- Mar 26VetoedMajor
- Mar 14delivered to Governor
- Vote recorded Final Passage. Result: pass.Upper
- Mar 14enrolled, signed by Speaker of the HouseMajor
- Mar 14enrolled, signed by President of the SenateMajor
- Mar 14received in Senate
- Mar 143rd reading, passed 83-6Passed House
- Mar 14placed in the Orders of the Day
- Mar 14taken from Rules
- Mar 132nd reading, to RulesMinor
- Mar 12reported favorably, 1st reading, to CalendarMinor
- Mar 7to Banking & Insurance (H)Minor
- Mar 5to Committee on Committees (H)Minor
- Mar 5received in House
- Mar 43rd reading, passed 32-6 with Committee Substitute (1)Passed Senate
- Vote recorded PASS SB 183 W/ scs1. Result: pass.Upper
- Feb 28posted for passage in the Regular Orders of the Day for Tuesday, March 04, 2025
- Feb 272nd reading, to RulesMinor
- Feb 26reported favorably, 1st reading, to Calendar with Committee Substitute (1)Minor
- Feb 19to State & Local Government (S)Minor
- Feb 14to Committee on Committees (S)Minor
- Feb 14introduced in SenateIntroduced
- Mar 27delivered to Secretary of State (Acts Ch. 115)Latest