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Legislative Updates

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 Legislative Update: Day 31

 

Legislative action from Thursday, February 15, 2018:

On the Daily Tracking List, Senate Bill 88 (City mandates) was posted in the House Local Government committee.  There was no other movement of bills on the List. 

On the Other Retirement-Related Tracking List, House Concurrent Resolution 6, House Bill 11, and House Bill 300 all saw action.

Daily Update 2-15-18.pdf

Legislation Status Chart 2-15-18.pdf

Other Retirement-Related Legislation 2-15-2018.pdf


The 2018 Session began on Tuesday, January 2, 2018 and is currently scheduled to adjourn Sine Die on Friday, April 13, 2018.

On days when the General Assembly is in Regular Session, Kentucky Retirement Systems creates three (3) documents that monitor legislation of particular importance to the Systems. 

  1. The first document is called the "Daily Legislative Update" that lists bills with a direct potential impact on the Systems.
  2. The second document is the "2018 Legislation Status Chart."  This chart is designed to give an overall view of a particular bill's progress, but will not contain the specific details of the Daily Legislative Update document.
  3. The third document is called "Other Retirement-Related Legislation" that highlights legislation that may have an indirect effect on the Systems. 

When a bill has seen action during the day, the action will be highlighted on the list with bold red font.  Also, you can click on the bill number in the document and it will link you to the Legislative Research Commission (LRC) website where you can read the bill in its entirety.

On the Daily Tracking List, Senate Bill 88 was assigned to the House Local Government committee.  There was no other movement of bills on the List. 

On the Other Retirement-Related Tracking List, House Concurrent Resolution 6 and House Bill 300 saw action. 

On the Daily Tracking List, House Bill 335 (Retirement benefits for legislators/ close LRP to new members), House Bill 336 (Retirement benefits for legislators), House Bill 337 (Taxation of prescription opioids/ tax revenues allocated to permanent pension fund), House Bill 338 (Pension surcharge on state contracts – EMERGENCY), and House Bill 339 (Taxation of tobacco/ establish underfunded pension trust fund) were all assigned to the House Appropriations and Revenue committee yesterday; and House Bill 350 (Investing in Iran-restricted companies, Sudan-restricted companies, and companies that boycott Israel) was introduced and added to the List.

 On the Other Retirement-Related Tracking List, House Concurrent Resolution 6 and House Bill 10 saw action. 

As of the end of the fifth week of the 2018 Regular Session of the Kentucky General Assembly, Kentucky Retirement Systems is tracking 24 bills or resolutions on the Daily List and 31 bills or resolutions on the Other Retirement-Related List.

 

Six bills were added to the Daily Tracking List last week: Senate Bill 88 (City mandates), House Bill 335 (Retirement benefits for legislators/ close LRP to new members), House Bill 336 (Retirement benefits for legislators), House Bill 337 (Taxation of prescription opioids/ tax revenues allocated to permanent pension fund), House Bill 338 (Pension surcharge on state contracts – EMERGENCY), and House Bill 339 (Taxation of tobacco/ establish underfunded pension trust fund).  Only Senate Bill 88 saw action Friday: it was received in the House after passing the Senate 36 – 0  last Thursday. 

 

One new bill (House Bill 204, the Legislative Branch Budget Bill) was added to the Other Retirement-Related Tracking List last week.  House Bill 10 and House Bill 11 were the only bills that saw action Friday. 

 

Both chambers convene at 4 p.m. Eastern time today (Monday, February 12, 2018). 

Five new bills were introduced and added to the Daily Tracking List yesterday: House Bill 335 (Retirement benefits for legislators/ close LRP to new members); House Bill 336 (Retirement benefits for legislators); House Bill 337 (Taxation of prescription opioids/ tax revenues allocated to permanent pension fund); House Bill 338 (Pension surcharge on state contracts –EMERGENCY); and House Bill 339 (Taxation of tobacco/ establish underfunded pension trust fund).  There was no other movement on the Daily List yesterday.

On the Other Retirement-Related Tracking List, Senate Bill 86, House Concurrent Resolution 6, House Bill 10, and House Bill 11 all saw action.

​There was no movement on the Daily Tracking List yesterday.  

On the Other Retirement-Related Tracking List, Senate Bill 86, House Bill 158, and House Bill 300 all saw action.


​There was no action on the Daily Tracking List yesterday.  

On the Other Retirement-Related Tracking List, House Bill 204 (Legislative Branch budget bill) was introduced and added to the List.  




Please be advised that these legislative summaries are intended for general informational purposes only and should not be relied upon as legal advice regarding the legislative meaning, purpose, intent, application or administration of a particular statutory change. 
 
If you have questions or concerns regarding the impact of a particular piece of legislation, please contact the Legislative Research Commission or a qualified attorney. If you have questions regarding your Kentucky Retirement Systems benefits, please contact the Retirement Systems through our webpage at kyret.ky.gov or by telephone at (800) 928-4646.


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