KY HB338 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2018 - 25% progression, died in committee
Action: 2018-02-12 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 8 2018 - 25% progression, died in committee
Action: 2018-02-12 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Create a new section of KRS 61.510 to 61.705 to create a five percent surcharge on state contracts for personnel hired in lieu of hiring a state employee; require the surcharge to be paid to the unfunded liability trust fund created under KRS 61.706 to be applied to the Kentucky Employees Retirement System nonhazardous pension fund; apply to all participating employers and for all memoranda of agreement and personnel service contracts, as defined in KRS 45A.690 of the Model Procurement Code.
Title
AN ACT relating to a pension surcharge on state contracts to be applied to the Kentucky Retirement Systems unfunded liability, making an appropriation therefor, and declaring an emergency.
Sponsors
Rep. James Kay [D] |
History
Date | Chamber | Action |
---|---|---|
2018-02-12 | House | to Appropriations & Revenue (H) |
2018-02-08 | House | introduced in House |
Kentucky State Sources
Type | Source |
---|---|
Summary | http://www.lrc.ky.gov/record/18RS/HB338.htm |
Text | http://www.lrc.ky.gov/recorddocuments/bill/18RS/HB338/bill.pdf |