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.
received in Senate
veto overridden
veto overridden
passed 72-17
received in Senate
to Rules (S)
posted for passage for consideration of Governor's veto
posted for consideration of Governor's veto
taken from Rules
to Rules (H)
received in House
passed 31-7
delivered to Secretary of State (Acts Ch. 115)
enrolled, signed by Speaker of the House
enrolled, signed by President of the Senate
Vetoed
enrolled, signed by Speaker of the House
taken from Rules
placed in the Orders of the Day
3rd reading, passed 83-6
received in Senate
enrolled, signed by President of the Senate
delivered to Governor
2nd reading, to Rules
reported favorably, 1st reading, to Calendar
to Banking & Insurance (H)
to Committee on Committees (H)
received in House
3rd reading, passed 32-6 with Committee Substitute (1)
posted for passage in the Regular Orders of the Day for Tuesday, March 04, 2025
2nd reading, to Rules
reported favorably, 1st reading, to Calendar with Committee Substitute (1)
to State & Local Government (S)
to Committee on Committees (S)
introduced in Senate
| Bill Text Versions | Format |
|---|---|
| Acts Chapter 115 | |
| Current/Final | |
| Introduced |
| Document | Format |
|---|---|
| Proposed Senate Committee Substitute 1 |
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