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Kentucky 2026RS

SB 183

AN ACT relating to the regulation of proxy advisory services.

Open original source Back to bills
Source: Open States / PluralUpdated 2026-11-11 12:11:04 UTC.

Official record

Measure details

Jurisdiction
Kentucky
Session
2026RS
Chamber
upper
Classification
bill
Subjects
Attorney General, Business Entities And Organizations, Civil Actions, Commerce, Consumer Protection, Fiduciaries, Financial Responsibility, Investments, Retirement And Pensions
Introduced / first action
2026-01-29 05:00:00

Source-supplied abstracts

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

Source-supplied history

Actions

  1. delivered to Secretary of State (Acts Ch. 10)

    became-law

  2. enrolled, signed by Speaker of the House

    passage

  3. enrolled, signed by President of the Senate

    passage

  4. passed 76-15

    passage

  5. veto overridden

    veto-override-passage

  6. posted for consideration of Governor's veto

  7. taken from Rules

  8. to Rules (H)

    referral-committee

  9. received in House

  10. passed 31-6

    passage

  11. veto overridden

    veto-override-passage

  12. posted for passage for consideration of Governor's veto

  13. to Rules (S)

    referral-committee

  14. received in Senate

  15. Vetoed

    executive-veto

  16. delivered to Governor

  17. enrolled, signed by Speaker of the House

    passage

  18. enrolled, signed by President of the Senate

    passage

  19. passed 31-6

    passage

  20. Senate concurred in House Committee Substitute (1)

  21. posted for passage for concurrence in House Committee Substitute

  22. taken from Rules

  23. to Rules (S)

    referral-committee

  24. received in Senate

  25. 3rd reading, passed 81-6 with Committee Substitute (1)

    passage, reading-3

  26. posted for passage in the Regular Orders of the Day for Friday, March 13 2026

  27. 2nd reading, to Rules

    reading-2

  28. reported favorably, 1st reading, to Calendar with Committee Substitute (1)

    committee-passage

  29. to Banking & Insurance (H)

    referral-committee

  30. to Committee on Committees (H)

    referral-committee

  31. received in House

  32. 3rd reading, passed 32-6

    passage, reading-3

  33. posted for passage in the Regular Orders of the Day for Tuesday, February 10 2026

  34. 2nd reading, to Rules

    reading-2

  35. reported favorably, 1st reading, to Calendar

    committee-passage

  36. to Economic Development, Tourism, & Labor (S)

    referral-committee

  37. to Committee on Committees (S)

    referral-committee

  38. introduced in Senate

    introduction

When supplied by the API

Related measures

No resolvable related measure is supplied.