Kentucky legislation · 2026 Regular Session
Kentucky SB70: AN ACT relating to the Public Pension Oversight Board.
Status: Vetoed, April 23, 2026
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.
What the bill says
An act relating to the Public Pension Oversight Board.
From the introduced text:
AN ACT relating to the Public Pension Oversight Board. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 7A.220 (Effective January 1, 2027) is amended to read as follows: (1) The Public Pension Oversight Board shall be composed of the following twentyfive (25)[twenty-three (23)] members: (a) 1. Five (5)[Four (4)] members of the General Assembly appointed by the Speaker of the House of Representatives, one (1) of whom shall be the chair or a vice chair of the House Standing Committee on Appropriations and Revenue and one (1) of whom shall be the chair or a vice chair of the House Standing Committee on State Government; and 2. Two (2) members of the General Assembly appointed by the Speaker of the House of Representatives, each of whom shall be selected to ensure that representation on the board by House members of the General Assembly is in closer proportion to the representation of each political party in the House of Representatives. The members appointed pursuant to this paragraph shall be appointed in January of each odd-numbered year for a two (2) year term, and the Speaker shall designate one (1) as co-chair of the board; (b) 1. Five (5)[Four (4)] members of the General Assembly appointed by the President of the Senate, one (1) of …
Sponsors
- Jimmy Higdon (R, SD-014) · primary sponsor
- Greg Elkins (R, SD-028)
- Robert Mills (R, SD-004)
Latest actions
- : delivered to Secretary of State
- : Vetoed
- : delivered to Governor
- : enrolled, signed by Speaker of the House
- : enrolled, signed by President of the Senate
- : received in Senate
- : 3rd reading, passed 97-1
- : posted for passage in the Regular Orders of the Day for Wednesday, April 01 2026
- : 2nd reading, to Rules
- : reported favorably, 1st reading, to Calendar
Votes
- House: Pass RCS# 490 (April 15, 2026): 97 yea, 1 nay, passed
- Senate: PASS SB 70 RSN# 3843 (February 20, 2026): 38 yea, 0 nay, passed
Subjects: State Agencies, Governor, Reports Mandated, General Assembly, Retirement And Pensions, Legislative Research Commission, Boards And Commissions, Effective Dates, Delayed
Common questions
- What is SB70?
- SB70 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to the Public Pension Oversight Board.
- What does SB70 do?
- In its own words: An act relating to the Public Pension Oversight Board.
- What is the status of SB70?
- Vetoed as of April 23, 2026. Latest action: delivered to Secretary of State (April 23, 2026).
- Who sponsored SB70?
- Jimmy Higdon (R, SD-014), with 2 co-sponsors.
- Where is the official record for SB70?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/sb70.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.