03RS HB531


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HB 531 (BR 1420) - T. Burch

     AN ACT relating to the Health and Welfare Fund and declaring an emergency.
     Create new section of KRS 230.361 to 230.373 to make the Health and Welfare Fund a de jure municipal corporation; subject funds to appropriate investment practices, open meeting requirements, and open Records requirements; establish composition of board; amend KRS 230.374 to require that all moneys be prudently invested and that investments be reviewed quarterly by the Finance and Administration Cabinet, the Kentucky Racing Commission, and the Legislative Research Commission; require that all properties and moneys be transferred within 30 days of the effective date of the Act.

     Feb 18-introduced in House
     Feb 19-to Licensing and Occupations (H); posting waived
     Feb 21-reported favorably, 1st reading, to Calendar
     Feb 24-2nd reading, to Rules
     Feb 26-recommitted to Appropriations and Revenue (H)
     Feb 27-taken from Committee, placed in the Orders of the Day for Friday, February 28, 2003
     Feb 28-recommitted to Appropriations and Revenue (H)

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