republic-os/legislation/us/states/ky/2025rs/sb-183.md

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 fiduciary duties owed to the state-administered retirement systems.	Amend KRS 21.450, 61.650, 78.790, and 161.430 relating to the fiduciary duties owed to the state-administered retirement systems to define "shareholder-sponsored proposal" and "economic analysis"; require a proxy adviser under contract with a state-administered retirement system to conduct and document an economic analysis prior to voting on or recommending a vote on a shareholder-sponsored proposal that is inconsistent with the recommendation of the board of directors of the issuer of shares in order to demonstrate that a vote against management's recommendation is solely in the interest of the retirement plan members and beneficiaries; make technical corrections.	us/states/ky	Kentucky General Assembly	2025RS	SB 183	Kentucky SB 183 (2025RS)	bill	Actuarial Analysis Fiduciaries Retirement and Pensions State Agencies	enacted		3	35	4	2025-02-14T05:00:00+00:00	2025-03-27T04:00:00+00:00	openstates	ocd-bill/f328bd59-081f-4d78-9aee-0c7080834c08	https://apps.legislature.ky.gov/record/25RS/sb183.html	e2f82b9581e1abe1c465389d2ecc3f9ea94ff197c495eb57ff9d5a658e1628d1	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ky

Kentucky SB 183 (2025RS) — AN ACT relating to the fiduciary duties owed to the state-administered retirement systems.

Amend KRS 21.450, 61.650, 78.790, and 161.430 relating to the fiduciary duties owed to the state-administered retirement systems to define "shareholder-sponsored proposal" and "economic analysis"; require a proxy adviser under contract with a state-administered retirement system to conduct and document an economic analysis prior to voting on or recommending a vote on a shareholder-sponsored proposal that is inconsistent with the recommendation of the board of directors of the issuer of shares in order to demonstrate that a vote against management's recommendation is solely in the interest of the retirement plan members and beneficiaries; make technical corrections.

Version chain

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

1. Introduced (filed) — source
2. Acts Chapter 115 (committee substitute) — source
3. Current/Final (committee substitute) — source

Votes

• Final Passage — 83–6 (pass) · upper
• PASS SB 183 W/ scs1 — 32–6 (pass) · upper
• Override Veto Final Passage SB 183 — 31–7 (pass) · upper
• Final Passage — 72–17 (pass) · upper

Timeline

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

• 2025-02-14T05:00:00+00:00 introduced in Senate introduction
• 2025-02-14T05:00:00+00:00 to Committee on Committees (S) referral-committee
• 2025-02-19T05:00:00+00:00 to State & Local Government (S) referral-committee
• 2025-02-26T05:00:00+00:00 reported favorably, 1st reading, to Calendar with Committee Substitute (1) committee-passage
• 2025-02-27T05:00:00+00:00 2nd reading, to Rules reading-2
• 2025-02-28T05:00:00+00:00 posted for passage in the Regular Orders of the Day for Tuesday, March 04, 2025
• 2025-03-04T05:00:00+00:00 3rd reading, passed 32-6 with Committee Substitute (1) passage, reading-3
• 2025-03-05T05:00:00+00:00 received in House
• 2025-03-05T05:00:00+00:00 to Committee on Committees (H) referral-committee
• 2025-03-07T05:00:00+00:00 to Banking & Insurance (H) referral-committee
• 2025-03-12T04:00:00+00:00 reported favorably, 1st reading, to Calendar committee-passage
• 2025-03-13T04:00:00+00:00 2nd reading, to Rules reading-2
• 2025-03-14T04:00:00+00:00 taken from Rules
• 2025-03-14T04:00:00+00:00 placed in the Orders of the Day
• 2025-03-14T04:00:00+00:00 3rd reading, passed 83-6 passage, reading-3
• 2025-03-14T04:00:00+00:00 received in Senate
• 2025-03-14T04:00:00+00:00 enrolled, signed by President of the Senate passage
• 2025-03-14T04:00:00+00:00 enrolled, signed by Speaker of the House passage
• 2025-03-14T04:00:00+00:00 delivered to Governor
• 2025-03-26T04:00:00+00:00 Vetoed executive-veto
• 2025-03-27T04:00:00+00:00 received in Senate
• 2025-03-27T04:00:00+00:00 to Rules (S) referral-committee
• 2025-03-27T04:00:00+00:00 posted for passage for consideration of Governor's veto
• 2025-03-27T04:00:00+00:00 veto overridden veto-override-passage
• 2025-03-27T04:00:00+00:00 passed 31-7 passage
• 2025-03-27T04:00:00+00:00 received in House
• 2025-03-27T04:00:00+00:00 to Rules (H) referral-committee
• 2025-03-27T04:00:00+00:00 taken from Rules
• 2025-03-27T04:00:00+00:00 posted for consideration of Governor's veto
• 2025-03-27T04:00:00+00:00 veto overridden veto-override-passage
• 2025-03-27T04:00:00+00:00 passed 72-17 passage
• 2025-03-27T04:00:00+00:00 received in Senate
• 2025-03-27T04:00:00+00:00 enrolled, signed by President of the Senate passage
• 2025-03-27T04:00:00+00:00 enrolled, signed by Speaker of the House passage
• 2025-03-27T04:00:00+00:00 delivered to Secretary of State (Acts Ch. 115) became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/f328bd59-081f-4d78-9aee-0c7080834c08. Confidence: reported (aggregated from official Kentucky legislature records).