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SB 183 KY
Became Law

AN ACT relating to the regulation of proxy advisory services.

KY · session 2026RS · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 29, 2026

Latest action (Mar 31, 2026) delivered to Secretary of State (Acts Ch. 10)

Summary

Create new sections of KRS Chapter 367 to define terms; require proxy advisors to notify and disclose certain information to shareholders in a company doing business in Kentucky and to the company that is subject to the proxy advisory service when the proxy advisor is not acting solely in the interest of shareholders, as defined, or is providing materially different advice to shareholders regarding a proxy proposal or company proposal; declare that failure to notify or disclose required information is an unfair, false, misleading, or deceptive trade practice in violation of KRS 367.170; establish remedies including civil actions; apply to proxy advisory services provided on or after the effective date of the Act.

Sponsors (3)

Action history (38)

  1. Jan 29, 2026 introduced in Senate · upper
  2. Jan 29, 2026 to Committee on Committees (S) · upper
  3. Feb 4, 2026 to Economic Development, Tourism, & Labor (S) · upper
  4. Feb 5, 2026 reported favorably, 1st reading, to Calendar · upper
  5. Feb 6, 2026 2nd reading, to Rules · upper
  6. Feb 6, 2026 posted for passage in the Regular Orders of the Day for Tuesday, February 10 2026 · upper
  7. Feb 10, 2026 3rd reading, passed 32-6 · upper
  8. Feb 11, 2026 received in House · lower
  9. Feb 11, 2026 to Committee on Committees (H) · lower
  10. Mar 9, 2026 to Banking & Insurance (H) · lower
  11. Mar 11, 2026 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · upper
  12. Mar 12, 2026 2nd reading, to Rules · upper
  13. Mar 12, 2026 posted for passage in the Regular Orders of the Day for Friday, March 13 2026 · upper
  14. Mar 13, 2026 3rd reading, passed 81-6 with Committee Substitute (1) · upper
  15. Mar 16, 2026 received in Senate · upper
  16. Mar 16, 2026 to Rules (S) · upper
  17. Mar 17, 2026 taken from Rules · upper
  18. Mar 17, 2026 posted for passage for concurrence in House Committee Substitute · upper
  19. Mar 17, 2026 Senate concurred in House Committee Substitute (1) · upper
  20. Mar 17, 2026 passed 31-6 · upper
  21. Mar 17, 2026 enrolled, signed by President of the Senate · upper
  22. Mar 17, 2026 enrolled, signed by Speaker of the House · lower
  23. Mar 17, 2026 delivered to Governor · upper
  24. Mar 27, 2026 Vetoed · upper
  25. Mar 31, 2026 received in Senate · upper
  26. Mar 31, 2026 to Rules (S) · upper
  27. Mar 31, 2026 posted for passage for consideration of Governor's veto · upper
  28. Mar 31, 2026 veto overridden · upper
  29. Mar 31, 2026 passed 31-6 · upper
  30. Mar 31, 2026 received in House · lower
  31. Mar 31, 2026 to Rules (H) · lower
  32. Mar 31, 2026 taken from Rules · upper
  33. Mar 31, 2026 posted for consideration of Governor's veto · upper
  34. Mar 31, 2026 veto overridden · upper
  35. Mar 31, 2026 passed 76-15 · upper
  36. Mar 31, 2026 enrolled, signed by President of the Senate · upper
  37. Mar 31, 2026 enrolled, signed by Speaker of the House · lower
  38. Mar 31, 2026 delivered to Secretary of State (Acts Ch. 10) · upper
Subjects
Attorney GeneralBusiness Entities And OrganizationsCivil ActionsCommerceConsumer ProtectionFiduciariesFinancial ResponsibilityInvestmentsRetirement And Pensions

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