Kentucky House Bill 69 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 18 2019 - 100% progression
Action: 2019-03-18 - became law without Governor's Signature (KY Acts ch. 011)
Text: Latest bill text (Engrossed) [PDF]

Amend KRS 66.480, relating to investments for local governments, political subdivisions, and school districts, to use and define the term "competent rating agency" in lieu of "nationally recognized rating agency" throughout the statute; allow investment in individual equity securities meeting specified requirements, individual high-quality corporate bonds meeting specified requirements, and provide that the investment of the funds allowed under specified sections does not exceed 40% of the total money invested; restrict investment to no more than 5% of the total amount of money in any one issuer; set out exemptions.

AN ACT relating to local investments.

Rep. Jerry Miller [R]

2019-03-01 - Senate - Senate: Third Reading RSN# 894 (Y: 36 N: 0 NV: 0 Abs: 1) [PASS]
2019-02-12 - House - House: Third Reading RCS# 26 (Y: 97 N: 1 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2019-03-18	House	became law without Governor's Signature (KY Acts ch. 011)
2019-03-15	House	filed without Governor's signature with the Secretary of State
2019-03-05	House	delivered to Governor
2019-03-05	House	enrolled, signed by President of the Senate
2019-03-04	House	enrolled, signed by Speaker of the House
2019-03-01	House	received in House
2019-03-01	Senate	3rd reading, passed 36-0
2019-03-01	Senate	posted for passage in the Consent Orders of the Day for Friday, March 1, 2019
2019-02-28	Senate	2nd reading, to Rules
2019-02-27	Senate	reported favorably, 1st reading, to Consent Calendar
2019-02-15	Senate	to State & Local Government (S)
2019-02-13	Senate	received in Senate
2019-02-12	House	3rd reading, passed 97-1 with Committee Substitute
2019-02-11	House	taken from the Consent Orders of the Day, placed in the Regular Orders of the Day
2019-02-08	House	posted for passage in the Consent Orders of the Day for Monday, February 11, 2019
2019-02-07	House	2nd reading, to Rules
2019-02-06	House	reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
2019-01-11	House	posted in committee
2019-01-10	House	to Local Government (H)
2019-01-08	House	introduced in House
2018-10-24	House	Prefiled by the sponsor(s).

Type	Source
Summary	https://apps.legislature.ky.gov/record/19RS/hb69.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/19RS/hb69/orig_bill.pdf
Text	https://apps.legislature.ky.gov/recorddocuments/bill/19RS/hb69/bill.pdf
Amendment	https://apps.legislature.ky.gov/recorddocuments/bill/19RS/HB69/HCS1.pdf
Supplement	https://apps.legislature.ky.gov/recorddocuments/note/19RS/hb69/HCS1LM.pdf
Supplement	https://apps.legislature.ky.gov/recorddocuments/note/19RS/hb69/LM.pdf
Roll Call	https://apps.legislature.ky.gov/record/19RS/hb69/vote_history.pdf