Last Minute Pension Bill Ends Protections for New Teachers, Cuts Benefits
Legislation introduced and passed suddenly in the General Assembly yesterday moves new teachers into a less secure hybrid cash balance...
Analysis
House Bill 6 Shortchanges Kentucky by Giving Huge Subsidies to Fund Managers, Banks and Insurance Companies
A proposal to establish a new business tax break – amended in the Senate to also expand and extend an overly generous subsidy, the angel investor tax credit program –...
Amendment to SB 231 Could Reduce College Affordability for Low-Income KEES Recipients
A proposed amendment to Senate Bill 231, a bill focused on the Work Ready Kentucky Scholarship, would make changes to the state’s Kentucky Educational Excellence Scholarship (KEES) that would result...
HB 609 Would Provide Much-Needed Revenue for Roads in Kentucky Counties, Cities
There is a lot at stake for Kentucky communities in House Bill 609. This comprehensive funding bill would generate over $433 million a year when fully phased in to prop...
Republican Proposals to End Tax Breaks Could Create a Better Budget
Several bills sponsored by Republicans this legislative session include proposals to end a variety of tax breaks in order to generate additional revenue. If the General Assembly were to pull...
House Budget Relies Heavily on Monies from Kentucky Employees’ Health Plan
The House budget will more than drain the Kentucky Employees' Health Plan trust fund of surpluses built up in recent years – resources that have accumulated due in part to...
New Short-Term Individual Insurance Plans Would Raise Premiums and Number of Uninsured Kentuckians
Federal officials recently proposed to allow insurance companies to offer health insurance policies that don’t cover much and can last for just under a year at a time. These Short-Term...
Pension Bill Doesn’t Save Money for KRS, Revised Teacher COLA Cut Changed Little
The pension bill SB 1 is not a cost saver for the Kentucky Retirement Systems (KRS), according to the actuarial analysis of the bill released today. And a change to...
Four Main Ways House Criminal Justice Bill Creates Savings
The criminal justice reform bill that follows recommendations from the state’s Criminal Justice Policy Assessment Council, House Bill 396, is scheduled to be heard in committee this week. Supporters of...
Governor’s Proposed Additional Investment in Justice System Still Limited
Even with some increased investment in the justice system proposed in the governor’s budget, many areas within the system would continue to just get by, while others would be facing...