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SB 70 Kentucky Senate · 2026 Regular Session

AN ACT relating to the Public Pension Oversight Board.

Summary
Amend KRS 7A.220 to amend the membership and membership qualifications of the Public Pension Oversight Board by adding the chairs or vice chairs of the Senate State & Local Government Standing Committee and House State Government Standing Committee to the board, adding the State Treasurer to the membership, removing 1 of the gubernatorial appointees from the membership, and amending "retirement experience" requirements for appointed members to include experience in retirement plan management or policy by a former elected official; make technical and conforming changes; amend KRS 7A.255 to require the Kentucky Public Pensions Authority to annually report line of duty death benefit payments to the Public Pension Oversight Board in addition to line of duty disability benefit payments; make technical amendments; EFFECTIVE, in part, January 1, 2027.
Bill status signed all 5 stages cleared
Introduction
Jan 2026
Committee Review
Mar 2026
Senate Passage
Apr 2026
House Passage
Apr 2026
Signed into Law
Apr 2026
Introduced Jan 12, 2026 Signed Apr 23, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Current/Final · 3 edits
MINOR
The bill underwent minor formatting updates, including changes to the bill number and page headers, while retaining the core text. A substantive addition was made to require state-administered retirement systems to file a specific report with the Public Service Commission by November 15 of each fiscal year, enhancing transparency and oversight of retirement fund management.
Scope change
The bill's scope regarding reporting requirements was expanded to mandate annual filings by state-administered retirement systems.
REQUIREMENT

Added a mandate for state-administered retirement systems to file a report with the Public Service Commission by November 15 following the close of each fiscal year.

TECHNICAL

Updated document headers and bill numbering from 'BR 1681' to 'SB 70/GA' to reflect the current legislative status.

Adjusted punctuation in eligibility criteria, changing a semicolon to a period before the word 'or'.

Floor votes · Senate Feb 20, 2026

How they voted

44–0
Passed
Total votes 44
Feb 20, 2026
D Democratic6
6 Yea
100% Yea
R Republican38
38 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
20
Key actions
6
Committee
6
Apr 23, 2026
Vetoed
Vetoed
upper
Apr 15, 2026
Lower · Passed
enrolled, signed by Speaker of the House
lower
Apr 15, 2026
Upper · Passed
enrolled, signed by President of the Senate
upper
Apr 15, 2026
Upper · Passed
3rd reading, passed 97-1
upper
Mar 19, 2026
Upper · Passed
reported favorably, 1st reading, to Calendar
upper
Mar 18, 2026
Committee
to State Government (H)
lower
Feb 23, 2026
Committee
to Committee on Committees (H)
lower
Feb 20, 2026
Upper · Passed
3rd reading, passed 38-0
upper
Feb 18, 2026
Upper · Passed
reported favorably, 1st reading, to Calendar
upper
Feb 9, 2026
Committee
to State & Local Government (S)
upper
Jan 12, 2026
Committee
to Committee on Committees (S)
upper
Jan 12, 2026
Introduced
introduced in Senate
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.