---
type: "Bill"
title: "AN ACT relating to the fiduciary and ethical duties of the boards of trustees for the Kentucky Retirement Systems and the Teachers' Retirement System, and declaring an emergency."
description: "AN ACT relating to the fiduciary and ethical duties of the boards of trustees for the Kentucky Retirement Systems and the Teachers' Retirement System, and declaring an emergency."
jurisdiction: "us/states/ky"
legislature: "Kentucky General Assembly"
session: "2019RS"
identifier: "HB 489"
citation: "Kentucky HB 489 (2019RS)"
classification: ["bill"]
subjects: ["Actuarial Analysis", "Federal Laws and Regulations", "Public Ethics", "Retirement and Pensions", "State Agencies"]
status: "enacted"
primary_sponsors: ["J. Miller", "W. Schroder"]
version_count: 1
action_count: 25
vote_count: 0
first_action: "2019-02-20T05:00:00+00:00"
last_action: "2019-03-25T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/816734a7-567c-4ca1-ae8b-4711464984ee"
source_url: "https://apps.legislature.ky.gov/record/19RS/hb489.html"
source_hash: "38cc434e88d3c71682f97d0d0ef2962fc4b711eea2dbb24ce1e4e975410a3419"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ky"]
---

# Kentucky HB 489 (2019RS) — AN ACT relating to the fiduciary and ethical duties of the boards of trustees for the Kentucky Retirement Systems and the Teachers' Retirement System, and declaring an emergency.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/19RS/hb489/bill.pdf)

## Sponsors

- J. Miller — primary (person)
- W. Schroder — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-02-20T05:00:00+00:00** introduced in House `introduction`
- **2019-02-21T05:00:00+00:00** to State Government (H) `referral-committee`
- **2019-02-22T05:00:00+00:00** posted in committee
- **2019-02-28T05:00:00+00:00** reported favorably, 1st reading, to Calendar
- **2019-03-01T05:00:00+00:00** 2nd reading, to Rules `reading-2`
- **2019-03-01T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Monday, March 4, 2019
- **2019-03-04T05:00:00+00:00** 3rd reading, passed 97-0 `reading-3`
- **2019-03-05T05:00:00+00:00** received in Senate
- **2019-03-06T05:00:00+00:00** taken from Committee on Committees (S)
- **2019-03-06T05:00:00+00:00** 1st reading `reading-1`
- **2019-03-06T05:00:00+00:00** returned to Committee on Committees (S)
- **2019-03-07T05:00:00+00:00** to State & Local Government (S) `referral-committee`
- **2019-03-12T04:00:00+00:00** reported favorably, 2nd reading, to Rules with Committee Substitute (1) and committee amendment (1-title) as a consent Bill
- **2019-03-13T04:00:00+00:00** posted for passage in the Consent Orders of the Day for Wednesday, March 13, 2019
- **2019-03-13T04:00:00+00:00** passed over and retained in the Consent Orders of the Day `passage`
- **2019-03-14T04:00:00+00:00** 3rd reading, passed 33-4 with Committee Substitute (1) and committee amendment (1-title) `reading-3`
- **2019-03-14T04:00:00+00:00** received in House
- **2019-03-14T04:00:00+00:00** to Rules (H) `referral-committee`
- **2019-03-14T04:00:00+00:00** posted for passage for concurrence in Senate Committee Substitute (1) and committee amendment (1-title)
- **2019-03-14T04:00:00+00:00** House concurred in Senate Committee Substitute (1) and committee amendment (1-title)
- **2019-03-14T04:00:00+00:00** passed 73-15 `passage`
- **2019-03-14T04:00:00+00:00** enrolled, signed by Speaker of the House
- **2019-03-14T04:00:00+00:00** enrolled, signed by President of the Senate
- **2019-03-14T04:00:00+00:00** delivered to Governor
- **2019-03-25T04:00:00+00:00** signed by Governor (KY Acts ch. 072) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/816734a7-567c-4ca1-ae8b-4711464984ee`. Confidence: reported (aggregated from official Kentucky legislature records).