SB 183 KY Became Law
AN ACT relating to the regulation of proxy advisory services.
A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →
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)
- M. Nunn Republican · primary
- R. Mills Republican · primary
- S. Rawlings Republican · primary
Action history (38)
- Jan 29, 2026 introduced in Senate · upper
- Jan 29, 2026 to Committee on Committees (S) · upper
- Feb 4, 2026 to Economic Development, Tourism, & Labor (S) · upper
- Feb 5, 2026 reported favorably, 1st reading, to Calendar · upper
- Feb 6, 2026 2nd reading, to Rules · upper
- Feb 6, 2026 posted for passage in the Regular Orders of the Day for Tuesday, February 10 2026 · upper
- Feb 10, 2026 3rd reading, passed 32-6 · upper
- Feb 11, 2026 received in House · lower
- Feb 11, 2026 to Committee on Committees (H) · lower
- Mar 9, 2026 to Banking & Insurance (H) · lower
- Mar 11, 2026 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · upper
- Mar 12, 2026 2nd reading, to Rules · upper
- Mar 12, 2026 posted for passage in the Regular Orders of the Day for Friday, March 13 2026 · upper
- Mar 13, 2026 3rd reading, passed 81-6 with Committee Substitute (1) · upper
- Mar 16, 2026 received in Senate · upper
- Mar 16, 2026 to Rules (S) · upper
- Mar 17, 2026 taken from Rules · upper
- Mar 17, 2026 posted for passage for concurrence in House Committee Substitute · upper
- Mar 17, 2026 Senate concurred in House Committee Substitute (1) · upper
- Mar 17, 2026 passed 31-6 · upper
- Mar 17, 2026 enrolled, signed by President of the Senate · upper
- Mar 17, 2026 enrolled, signed by Speaker of the House · lower
- Mar 17, 2026 delivered to Governor · upper
- Mar 27, 2026 Vetoed · upper
- Mar 31, 2026 received in Senate · upper
- Mar 31, 2026 to Rules (S) · upper
- Mar 31, 2026 posted for passage for consideration of Governor's veto · upper
- Mar 31, 2026 veto overridden · upper
- Mar 31, 2026 passed 31-6 · upper
- Mar 31, 2026 received in House · lower
- Mar 31, 2026 to Rules (H) · lower
- Mar 31, 2026 taken from Rules · upper
- Mar 31, 2026 posted for consideration of Governor's veto · upper
- Mar 31, 2026 veto overridden · upper
- Mar 31, 2026 passed 76-15 · upper
- Mar 31, 2026 enrolled, signed by President of the Senate · upper
- Mar 31, 2026 enrolled, signed by Speaker of the House · lower
- Mar 31, 2026 delivered to Secretary of State (Acts Ch. 10) · upper
Full text
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