Kentucky legislation · 2026 Regular Session
Kentucky HB887: AN ACT relating to office space leases for the Kentucky Public Pensions Authority and declaring an emergency.
Status: In committee, March 13, 2026
Amend KRS 61.505 to exempt the Kentucky Public Pensions Authority from KRS Chapter 56 regarding the purchase or lease of office space necessary to operate the retirement systems; EMERGENCY.
What the bill says
An act relating to office space leases for the Kentucky Public Pensions Authority and declaring an emergency.
From the introduced text:
AN ACT relating to office space leases for the Kentucky Public Pensions Authority and declaring an emergency. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 61.505 is amended to read as follows: (1) There is created an eight (8) member Kentucky Public Pensions Authority whose purpose shall be to administer and operate: (a) A single personnel system for the staffing needs of the Kentucky Retirement Systems and the County Employees Retirement System; (b) A system of accounting that is developed by the Authority for the Kentucky Retirement Systems and the County Employees Retirement System; (c) Day-to-day administrative needs of the Kentucky Retirement Systems and the County Employees Retirement System, including but not limited 2. Information technology and services, including a centralized website for the Authority, the Kentucky Retirement Systems, and the County Employees Retirement System; 3. Legal services; 4. Employer reporting and compliance; 5. Processing and distribution of benefit payments, and other financial, investment administration, and accounting duties as directed by the Kentucky Retirement Systems board of trustees or the County Employees Retirement System board of trustees; 6. All administrative actions, orders, decisions, and determinations necessary to carry out benefit functions required by the Kentucky Retirement Systems and the County Employees Retirement System statutes, including but not limited to administration of reduced and …
Sponsors
- DJ Johnson (R, HD-013) · primary sponsor
Latest actions
- : returned to State Government (H)
- : 1st reading
- : taken from State Government (H)
- : to State Government (H)
- : to Committee on Committees (H)
- : introduced in House
Subjects: State Agencies, Property, Effective Dates, Emergency, Retirement And Pensions
Common questions
- What is HB887?
- HB887 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to office space leases for the Kentucky Public Pensions Authority and declaring an emergency.
- What does HB887 do?
- In its own words: An act relating to office space leases for the Kentucky Public Pensions Authority and declaring an emergency.
- What is the status of HB887?
- In committee as of March 13, 2026. Latest action: returned to State Government (H) (March 13, 2026).
- Who sponsored HB887?
- DJ Johnson (R, HD-013).
- Where is the official record for HB887?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb887.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.