Gov. Matt Bevin announced at a press conference today in Frankfort that he is calling a special legislative session this week to address Kentucky’s looming public pension crisis. The press conference, which began before 4:00 p.m. called for legislators to begin their session tonight at 8:00 p.m. and comes four days after the Kentucky Supreme […]
Tag: pension bill
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Here’s What’s at Stake if the Governor’s Vetos Stay
With a pension reform bill signed into law by Governor Matt Bevin and subsequent veto of bills covering the state budget (HB 200), CERS phase-in (SB 362) and tax reform (HB 366), public educators are again gearing up to make their voices heard in the state Capitol as the 2018 legislative session winds down. Schools […]
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Andy Beshear Sues to Stop Pension Bill
In a move that was hinted upon after passage of the pension bill, Democratic Attorney General, Andy Beshear and unions representing teachers and police officers, have sued to block Senate Bill 151, the bill that was just signed into law by Governor Matt Bevin on Tuesday. Beshear filed a lawsuit this morning. The bill protects […]
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Statement by the Northern Kentucky Chamber of Commerce on Pensions, Taxes and the State Budget
The Northern Kentucky Chamber of Commerce commends the Kentucky General Assembly for taking difficult steps to stabilize our pension systems and modernize our tax code. Its actions will help turn the corner on the Commonwealth’s dire financial condition, and improves the economic competitiveness of our region and the state. We thank the General Assembly for […]
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Senate Currently Debating Major Tax Reform That Would Raise Revenues, Fund Pensions
A 31-page document detailing the compromises for budget bill HB 200 was distributed by the Kentucky Senate Majority Caucus today. The free conference committee was tasked with negotiating the budget items from HB 200 after the House and Senate’s versions of the bill differed. The passage of the budget bill will now be dependent on […]