Fabio
79 lines
4.5 KiB
Markdown
79 lines
4.5 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT relating to the fiduciary duties owed to the state-administered retirement systems."
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description: "Amend KRS 21.450, 61.650, 78.790, and 161.430 to provide that fiduciaries shall consider the sole interest of the members and beneficiaries of the retirement systems using only pecuniary factors and prohibit the consideration of or actions on nonpecuniary interests including environmental, social, political, and ideological interests."
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jurisdiction: "us/states/ky"
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legislature: "Kentucky General Assembly"
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session: "2023RS"
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identifier: "HB 236"
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citation: "Kentucky HB 236 (2023RS)"
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classification: ["bill"]
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subjects: ["Fiduciaries", "Retirement and Pensions", "State Agencies"]
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 23
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vote_count: 2
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first_action: "2023-02-09T05:00:00+00:00"
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last_action: "2023-03-24T04:00:00+00:00"
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source: "openstates"
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source_identifier: "ocd-bill/4c64f516-ebdb-44d6-a325-3b3dc9357953"
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source_url: "https://apps.legislature.ky.gov/record/23RS/hb236.html"
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source_hash: "99fff171998c27a91420f1529d79b7942162cf54ac20dd9fa17e8366c3d0ed0b"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ky"]
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---
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# Kentucky HB 236 (2023RS) — AN ACT relating to the fiduciary duties owed to the state-administered retirement systems.
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Amend KRS 21.450, 61.650, 78.790, and 161.430 to provide that fiduciaries shall consider the sole interest of the members and beneficiaries of the retirement systems using only pecuniary factors and prohibit the consideration of or actions on nonpecuniary interests including environmental, social, political, and ideological interests.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/23RS/hb236/orig_bill.pdf)
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2. **Acts Chapter 94** (committee substitute) — [source](https://apps.legislature.ky.gov/law/acts/23RS/documents/0094.pdf)
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3. **Current/Final** (committee substitute) — [source](https://apps.legislature.ky.gov/recorddocuments/bill/23RS/hb236/bill.pdf)
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## Votes
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- PASS HB 236 — **pass** (pass) · lower
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- Pass — **pass** (pass) · lower
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-02-09T05:00:00+00:00** introduced in House `introduction`
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- **2023-02-09T05:00:00+00:00** to Committee on Committees (H) `referral-committee`
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- **2023-02-14T05:00:00+00:00** to Natural Resources & Energy (H) `referral-committee`
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- **2023-02-23T05:00:00+00:00** reported favorably, 1st reading, to Calendar with Committee Substitute (1) `committee-passage`
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- **2023-02-24T05:00:00+00:00** 2nd reading, to Rules `reading-2`
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- **2023-02-28T05:00:00+00:00** floor amendment (1) filed to Committee Substitute `amendment-introduction`
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- **2023-03-01T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Thursday, March 02, 2023
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- **2023-03-02T05:00:00+00:00** 3rd reading, passed 77-17 with Committee Substitute (1) and Floor Amendment (1) `passage, reading-3`
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- **2023-03-03T05:00:00+00:00** received in Senate
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- **2023-03-03T05:00:00+00:00** to Committee on Committees (S) `referral-committee`
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- **2023-03-07T05:00:00+00:00** to State & Local Government (S) `referral-committee`
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- **2023-03-08T05:00:00+00:00** reported favorably, 1st reading, to Calendar `committee-passage`
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- **2023-03-08T05:00:00+00:00** floor amendment (1) filed `amendment-introduction`
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- **2023-03-09T05:00:00+00:00** 2nd reading, to Rules `reading-2`
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- **2023-03-10T05:00:00+00:00** posted for passage in the Regular Orders of the Day for Monday, March 13, 2023
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- **2023-03-13T04:00:00+00:00** 3rd reading `reading-3`
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- **2023-03-13T04:00:00+00:00** floor amendment (1) withdrawn
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- **2023-03-13T04:00:00+00:00** passed 32 -5 `passage`
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- **2023-03-13T04:00:00+00:00** received in House
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- **2023-03-13T04:00:00+00:00** enrolled, signed by Speaker of the House `passage`
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- **2023-03-13T04:00:00+00:00** enrolled, signed by President of the Senate `passage`
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- **2023-03-13T04:00:00+00:00** delivered to Governor
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- **2023-03-24T04:00:00+00:00** signed by Governor (Acts Ch. 94) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4c64f516-ebdb-44d6-a325-3b3dc9357953`. Confidence: reported (aggregated from official Kentucky legislature records).
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