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SB22 / AA (BR102) - C. McDaniel, D. Thayer

     AN ACT relating to public pension fund investments.
     Amend KRS 21.540, 61.645, and 161.430 to require the Judicial Retirement Plan, the Legislators' Retirement Plan, the Kentucky Retirement Systems, and the Kentucky Teachers' Retirement System to establish by reference in administrative regulation a placement agent disclosure policy; require the policy to disclose, at a minimum, to the boards of trustees of the plans and systems the name of the placement agent, dollar value of investment, and the fees or payments made to placement agent for each investment in which a placement agent was utilized; define placement agent; require the plans and systems to submit a quarterly update of the information disclosed to the respective boards of trustees to the Government Contract Review Committee; provide that the disclosure shall apply to contracts established or renewed on or after July 1, 2015.


     HCS1 - Retain original provisions; make technical amendments.

     Sep 25, 2014 - Prefiled by the sponsor(s).
     Nov 12, 2014 - To: Interim Joint Committee on State Government
     Jan 06, 2015 - introduced in Senate
     Feb 03, 2015 - to State & Local Government (S)
     Feb 04, 2015 - reported favorably, 1st reading, to Calendar
     Feb 05, 2015 - 2nd reading, to Rules
     Feb 11, 2015 - posted for passage in the Regular Orders of the Day for Wednesday, February 11, 2015; 3rd reading, passed 36-0
     Feb 12, 2015 - received in House
     Feb 23, 2015 - to State Government (H)
     Feb 27, 2015 - posted in committee
     Mar 02, 2015 - taken from State Government (H); 1st reading; returned to State Government (H); posting waived
     Mar 03, 2015 - reported favorably, 2nd reading, to Rules with Committee Substitute as a Consent Bill
     Mar 04, 2015 - taken from Rules; placed in the Consent Orders of the Day for Friday, March 6, 2015
     Mar 09, 2015 - taken from the Consent Orders of the Day, placed in the Regular Orders of the Day