Influence-Tools/republic-os
2
0
Fork 0
Code Issues Pull Requests Actions Packages Projects Releases Wiki Activity
Files
main
republic-os/legislation/us/states/ky/2025rs/sb-104.md
T
Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

6.4 KiB
Raw Permalink Blame History

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill AN ACT relating to the Kentucky Public Employees' Deferred Compensation Authority. Amend KRS 18A.230 to define "self-directed brokerage account" (SDBA); amend KRS 18A.235 to authorize the board of trustees of the Kentucky Public Employees Deferred Compensation Authority (KY Deferred Comp) to purchase fiduciary liability insurance and reimburse its trustees, officers, and employees for legal expenses relating to performance of their duties; amend KRS 18A.245 to authorize KY Deferred Comp to offer SDBAs to its participants, contract with SDBA vendors, and promulgate administrative regulations relating to SDBAs for its participants, require the plans offered by KY Deferred Comp to conform to federal laws and regulations, authorize KY Deferred Comp to promulgate administrative regulations, and make technical changes; amend KRS 18A.255 to direct that KY Deferred Comp and its board of trustees are not liable for a participant's investment in a SDBA, establish the fiduciary duties of the board of trustees, and exempt the trustees from legal action for monetary damages unless the person bringing the action proves by clear and convincing evidence that a trustee's breach or failure to perform the trustee's fiduciary duty is a willful, wanton, or reckless act; amend KRS 18A.260 to require assets held by KY Deferred Comp to be invested consistent with its statutory authority and limit investments in a SDBA to securities registered with the United States Securities and Exchange Commission. us/states/ky Kentucky General Assembly 2025RS SB 104 Kentucky SB 104 (2025RS)
bill
Fiduciaries
Retirement and Pensions
State Agencies
State Employees
enacted
3 22 2 2025-02-05T05:00:00+00:00 2025-04-01T04:00:00+00:00 openstates ocd-bill/2d1f5ffa-f428-47b4-8a3d-dfb733cdbc0e https://apps.legislature.ky.gov/record/25RS/sb104.html 96354c425956f1a8d4c53d5ad5cb9bedf22b64625c608d08ddafed3b5fc9e4d7 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ky

Kentucky SB 104 (2025RS) — AN ACT relating to the Kentucky Public Employees' Deferred Compensation Authority.

Amend KRS 18A.230 to define "self-directed brokerage account" (SDBA); amend KRS 18A.235 to authorize the board of trustees of the Kentucky Public Employees Deferred Compensation Authority (KY Deferred Comp) to purchase fiduciary liability insurance and reimburse its trustees, officers, and employees for legal expenses relating to performance of their duties; amend KRS 18A.245 to authorize KY Deferred Comp to offer SDBAs to its participants, contract with SDBA vendors, and promulgate administrative regulations relating to SDBAs for its participants, require the plans offered by KY Deferred Comp to conform to federal laws and regulations, authorize KY Deferred Comp to promulgate administrative regulations, and make technical changes; amend KRS 18A.255 to direct that KY Deferred Comp and its board of trustees are not liable for a participant's investment in a SDBA, establish the fiduciary duties of the board of trustees, and exempt the trustees from legal action for monetary damages unless the person bringing the action proves by clear and convincing evidence that a trustee's breach or failure to perform the trustee's fiduciary duty is a willful, wanton, or reckless act; amend KRS 18A.260 to require assets held by KY Deferred Comp to be invested consistent with its statutory authority and limit investments in a SDBA to securities registered with the United States Securities and Exchange Commission.

Version chain

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

  1. Introduced (filed) — source
  2. Acts Chapter 141 (committee substitute) — source
  3. Current/Final (committee substitute) — source

Votes

  • PASS SB 104 — 36–0 (pass) · upper
  • Final Passage — 98–0 (pass) · upper

Timeline

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

  • 2025-02-05T05:00:00+00:00 introduced in Senate introduction
  • 2025-02-05T05:00:00+00:00 to Committee on Committees (S) referral-committee
  • 2025-02-07T05:00:00+00:00 to State & Local Government (S) referral-committee
  • 2025-02-19T05:00:00+00:00 reported favorably, 1st reading, to Calendar committee-passage
  • 2025-02-20T05:00:00+00:00 2nd reading, to Rules reading-2
  • 2025-02-20T05:00:00+00:00 posted for passage in the Regular Orders of the Day for Friday, February 21, 2025
  • 2025-02-21T05:00:00+00:00 3rd reading, passed 36-0 passage, reading-3
  • 2025-02-25T05:00:00+00:00 received in House
  • 2025-02-25T05:00:00+00:00 to Committee on Committees (H) referral-committee
  • 2025-03-11T04:00:00+00:00 taken from Committee on Committees (H)
  • 2025-03-11T04:00:00+00:00 1st reading reading-1
  • 2025-03-11T04:00:00+00:00 returned to Committee on Committees (H)
  • 2025-03-11T04:00:00+00:00 to State Government (H) referral-committee
  • 2025-03-12T04:00:00+00:00 reported favorably, 2nd reading, to Rules committee-passage
  • 2025-03-13T04:00:00+00:00 taken from Rules
  • 2025-03-13T04:00:00+00:00 placed in the Orders of the Day
  • 2025-03-28T04:00:00+00:00 3rd reading, passed 98-0 passage, reading-3
  • 2025-03-28T04:00:00+00:00 received in Senate
  • 2025-03-28T04:00:00+00:00 enrolled, signed by President of the Senate passage
  • 2025-03-28T04:00:00+00:00 enrolled, signed by Speaker of the House passage
  • 2025-03-28T04:00:00+00:00 delivered to Governor
  • 2025-04-01T04:00:00+00:00 signed by Governor (Acts Ch. 141) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/2d1f5ffa-f428-47b4-8a3d-dfb733cdbc0e. Confidence: reported (aggregated from official Kentucky legislature records).

Reference in New Issue View Git Blame Copy Permalink