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Bill results

in committee · Kentucky · House Feb 21, 2017

HB 518: AN ACT relating to taxation. Create a new section of KRS Chapter 141 to provide the state abandoned building income tax credit and require reporting by the Department of Revenue to the Legislative Research Commission; amend KRS 141.0205 to order the credit; amend various sections of KRS Chapters 131 and 141 to conform with the reporting requirements and make technical corrections; amend KRS 154.32-080 to allow a preliminarily approved company also qualifying for the abandoned building tax credit, with an investment of $1 million or more, to also request an advance disbursement.

To Appropriations & Revenue (H)
in committee · Kentucky · House Feb 21, 2017

HB 486: AN ACT relating to reorganization and making an appropriation therefor. Amend KRS 15.010, relating to the Office of the Attorney General, to rename and restructure units within the office; amend various statutes to conform; repeal KRS 15.290; transfer all files, funds, functions, positions, and equipment of the abolished Child Support Enforcement Commission to the Cabinet for Health and Family Services; confirm the Attorney General's Executive Order AG16-01.

To State Government (H)
in committee · Kentucky · House Feb 21, 2017

HB 442: AN ACT relating to elk hunting permits. Create a new section of KRS Chapter 150 to establish a disabled hunter postseason elk hunt; define "elk zone" and make eligible only those who are able to qualify for a disabled hunter license; set the number of permits for the hunt at not more than 10% of the total number of permits allotted for the regular quota hunt; require hunters drawn for the disabled hunter post season elk hunt to comply with all hunting laws, both state and federal; require the department to attempt to ensure disability access to areas in the elk zone; allow hunters drawn for the disabled hunter postseason elk hunt who own land in the elk zone to elect to hunt on their own land rather than assigned areas in the elk zone.

To Tourism & Outdoor Recreation (H)
in committee · Kentucky · House Feb 21, 2017

HB 446: AN ACT relating to the Teachers' Retirement System. Create a new section of KRS 161.220 to 161.716 to permit the Teachers' Retirement System (TRS) to use and accept electronic signatures as deemed appropriate; amend KRS 161.220 to emphasize that annual compensation does not include benefit or salary adjustments that are not available to all members of an agency; amend KRS 161.290 to require all public employers to provide paid leave to teacher trustees serving on the KTRS board; amend KRS 161.310 to clarify the types of remuneration included in retirement incentives; amend KRS 161.340 to require TRS to contract for insurance; amend KRS 161.430 to update contract language regarding money managers and consultants; remove references to the book value of assets in regard to limitations on funds managed internally by the system's investment staff; remove the requirement that the board investment committee may consist of the executive secretary of the system and two trustees; require the system's staff to be subject to fiduciary requirements applicable to board members and investment consultants and managers; make technical amendments; amend KRS 161.470 to make technical corrections; amend KRS 161.480 to automatically designate a TRS member's spouse as beneficiary for an active member's account balance upon employment until changed by the member; declare the member's spouse as beneficiary of the active member's account balance in the event all named beneficiaries predecease the active member or the member fails to designate a beneficiary; amend KRS 161.500 to specifically address service credit for contracts exceeding 185 days; amend KRS 161.515 to clarify the retirement factor for service purchases; amend KRS 161.520 to delete the requirement of physicians' statements corroborating the mental competency of an adult child waiving survivorship benefits; amend KRS 161.540 to specify eligibility requirements for including annual leave credit in the retirement calculation for year-round contracts; amend KRS 161.545 to provide that full-time sabbatical leave by university staff participating in the TRS shall be deemed full-time employment for retirement purposes; require employee and employer contributions to be paid during the period of sabbatical leave; amend KRS 161.553 to adjust the cost schedules of providing statutory benefit improvements for annuitants; amend KRS 161.560 to require participating employers to file contribution data with TRS 15 days after each payroll period and set penalties for noncompliance; amend KRS 161.568 to make technical corrections; amend KRS 161.597 to require a refund of prior installment payments and a reduction in service credit for a member in default on installment payments; amend KRS 161.605 to make technical changes; require a refund of retirement contributions made on compensation that exceeds salary limitations; provide that breaks in service are required before returning to work for the employer even if in a position not covered by KTRS if the member is under age 60; begin running of breaks in service from date of retirement; prohibit prearranged agreements between a retiring member and employer for member to return to work after retirement and require certification thereof; allow KTRS to provide medical insurance to retired members who return to work when medical insurance is not available from the employer; allow the commissioner of education to pay reemployed retirees in excess of statutory maximums if the commissioner deems that the employees have the necessary experience to provide services and support to persistently low-achieving schools as provided by KRS 160.346; require retired members under age 60 returning to work for certain state universities and state community colleges to comply with the separation-from-service requirements, effective July 1, 2017; amend KRS 160.612 to reduce the $500 minimum monthly disability benefit by benefit payments from all state-administered retirement systems for part-time employees and substitute teachers participating in the TRS who apply for disability benefits on or after July 1, 2017; provide that part-time employees and substitute teachers are not eligible to apply for a disability retirement allowance if they are eligible for a nondiscounted service retirement allowance; amend KRS 161.614 to include mediation awards; amend KRS 161.620 to clarify the option for seeking inflation adjustments; amend KRS 161.630 to make technical change; amend KRS 161.643 to authorize TRS to require more frequent submission of annual reports on reemployed employees by participating employers; amend KRS 161.650 to automatically designate a TRS member's spouse as beneficiary for a retired member's remaining account balance at the time of death unless changed by the member; declare the member's spouse as beneficiary of the retired member's remaining account balance in the event all named beneficiaries predecease the retired member or the member fails to name a beneficiary for the account balance; amend KRS 161.655 to automatically designate a TRS member's spouse as beneficiary for the life insurance benefit available to active and retired members unless changed by the member; declare the member's spouse as beneficiary of the life insurance benefit available to active and retired members if, upon the death of the member, all named beneficiaries predecease the member or the member fails to name a beneficiary; amend KRS 161.661 to provide that members who begin participating on or after July 1, 2017, shall not be eligible for a disability benefit if they are eligible for any unreduced benefit and that they shall have their $500 minimum monthly disability benefit reduced by benefit payments from all state-administered retirement systems; amend KRS 161.680 to clarify the system's authority to collect overpayments; amend KRS 161.550 to conform.

To State Government (H)
in committee · Kentucky · House Feb 21, 2017

HB 468: AN ACT relating to charitable gaming. Amend KRS 238.535 to allow a 501(c)(3) charitable organization only conducting raffles and charitable fundraising events to be exempt from provisions of the chapter, and to exempt chapters of a 501(c)(3) from the qualifications of the section if the parent organization does; amend KRS 238.545 to allow winning tickets to be returned to the pool of tickets for a chance at additional prizes if the procedure is stated in the published rules, to allow multiple drawing dates if announced in advance or printed on the ticket, prohibit department from promulgating or enforcing administrative regulations more restrictive that this section; amend KRS 238.550 to remove two day requirement for the deposit of receipts and allow deposits to be made by chairpersons, officers, employees, or those designated by officers.

To Appropriations & Revenue (H)
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