Policy Distilled

Pension reform on the horizon in Kentucky’s 2018 Regular Session

Pensions InsertWith lawmakers back in Frankfort for the 2018 Regular Session of the Kentucky General Assembly, pension reform is on the horizon. The state is currently facing a $64 billion unfunded public pension liability. Left unsolved, pensions will consume a greater-and-greater share of the state budget, siphoning off critical funding for education, health care, and infrastructure. In addition, the crisis will lead to more downgrades of Kentucky’s credit rating, further restricting the Commonwealth’s ability to borrow.

In lieu of dealing with the problem in a special session, lawmakers are expected to deal with the issue early in the 2018 Regular Session. Since last Fall—when legislators and the governor’s office released an initial draft of a major pension reform bill—the issue has only become more pressing. A new study of public pension systems’ funding ratios throughout the country ranked Kentucky number 49, sandwiched between Illinois (48) and Connecticut (50). On top of this, State Budget Director John Chilton explained late last year that legislators would need to contribute an additional $700 million per year in General Fund dollars, bringing total spending on pensions to 20 percent of the state budget. A decade ago, pensions accounted for 6.7 percent of the budget. For additional context: In the last budget, education accounted for 45 percent; Medicaid accounted for 17 percent. Pensions won’t just impact the state budget, however; they will affect Louisville’s too. Next year, Metro’s Gov’s pension costs are expected to rise from $76.5 million to $115 million.

Pensions Funding

States ranked according to the funding ratio of their public pensions systems. American Legislative Exchange Council, 2017.

GLI remains as committed as ever to solving Kentucky’s pension crisis, and we are doing everything we can to make sure pension reform becomes a reality this year. Just in 2017 alone, GLI published op-eds, wrote letters, contacted legislators, and even hosted Governor Bevin here in Louisville to discuss pension reform with our investors. Most recently, we added a last-minute addition to our 2018 Legislative Agenda dedicated specifically to this important issue. Read it here.

To keep up with the progress of pension reform and other issues relevant to Greater Louisville’s business community, follow GLI Advocacy on Twitter and subscribe to our newsletter, Policy Distilled.




GLI Advocacy to launch Policy Distilled newsletter in 2018

Policy Distilled Header

When the General Assemblies in Kentucky and Indiana reconvene in January, the news will be coming fast and furious from Frankfort and Indianapolis.  In recognition of this, GLI Advocacy is launching Policy Distilled.  It’s a Monday morning rundown of all the latest news and what to watch for this week from our local, state, and federal governments.

This newsletter aims to make sure our investors and anyone else interested in the Greater Louisville business community’s priorities are well-informed and ready to start the week with the latest information.

For those of you already “plugged in” to policy, we are modeling our newsletter after Mike Allen’s Axios AM Newsletter and Politico’s Playbook.  The first email is scheduled to go out January 8th, 2018.  To opt in, click here.

For a sample entry, see below.

PD Sample 1

GLI urges Congress to act on DACA, protect Dreamers, and grow our regional workforce

Today, GLI is joining with business and civic leaders from across the country in calling on Congress to make sure that individuals protected by the Deferred Action for Childhood Arrivals program, or DACA, are allowed to continue contributing to our workforce and living in our communities without fear of detainment or deportation.

DACA has proven to be a crucial component of GLI’s strategy of growing our regional economy by building a globally competitive workforce. First enacted in 2012, DACA grants to qualified undocumented individuals who come to the U.S. as minors a renewable two-year period of deferred action from deportation and eligibility for a work permit. The program establishes strict eligibility requirements, and since its enactment approximately 800,000 individuals have applied for DACA and met those requirements—that includes more than 3,000 in Kentucky and Greater Louisville. An overwhelming majority of DACA recipients—or Dreamers—are either working or in school. Some are even doing both.

DACA’s future, however, has recently become uncertain. Without action from Congress, the Greater Louisville region stands to lose thousands of young, motivated workers and millions of dollars in annual tax revenues—all at a time when our workforce participation rate lags behind national averages and budgets are becoming increasingly strained.

This week, GLI stressed these points in an op-ed published in Insider Louisville and in letters to our representatives in Congress in anticipation of today’s national call to action on DACA. As we stated in both, making sure that Dreamers are able to continue living and working in our communities without fear of detainment or deportation is pro-growth, pro-business public policy. Congress needs to act now to address this issue so that regions like Greater Louisville can grow their economies and build a globally-competitive workforce.

GLI Joins Business Coalition in Urging the U.S. Senate to Pass Federal Tax Reform

This week represents a critical juncture on the path to reforming the federal tax code for the first time since 1986. The House passed a bill earlier this month that proposes substantial reforms. All eyes are now on the Senate, which has its own version of a comprehensive tax reform bill and is expected to vote on it this week.

Advocating for business-friendly, pro-growth tax structures at all levels of government is a central tenet of GLI’s mission. In our 2018 state legislative agenda, for example, we advocate for reforms in Kentucky that simplify the tax code, broaden the tax base, and transition the Commonwealth to a consumption-based tax system. But to truly create a pro-business tax climate and accelerate economic growth, reform must happen at both the state and federal levels.

In that spirit, GLI has joined a coalition of other pro-business groups from around the state in encouraging our elected officials in the U.S. Senate to move forward with the chamber’s pending legislation, which would allow Congress to enter into the final legislative phases of federal tax reform.

In letters to Majority Leader Mitch McConnell and Senator Rand Paul, co-signed by the Kentucky Chamber and chambers from Lexington, Northern Kentucky, Hardin County, Henderson County, and Hazard County, GLI urged them “to adopt sensible tax reform that improves the competitiveness of the United States while enabling Kentucky businesses to be more profitable and invest in new opportunities.” This includes lowering the statutory corporate tax rate—currently the highest in the industrialized world—evaluating the effectiveness and value of all currently-existing tax expenditures, and reducing the tax burden placed on small businesses and pass-through entities.

Washington has a once-in-a-generation opportunity to make this all happen. Now is the time to enact federal tax policy that will drive economic growth, help employers create more jobs, and give a much-needed boost to wages—not only in Greater Louisville and Kentucky but throughout the country as a whole.

Guest Post: Kentucky’s Pension Crisis Must Be Solved


By Governor Matt Bevin

As governor, I am committed to running a fiscally responsible government that provides a better place for employers to grow, prosper and create jobs. One of the greatest impediments to Kentucky’s economic success is our pension crisis. Although a few sounded the alarm over the years,  kicking the can down the road became the status quo and led to a pension liability that is more than seven times greater than the amount of the Commonwealth’s entire General Fund. We now have leadership in Kentucky that not only understands the magnitude of this issue, but also is willing and ready to solve it.

Kentuckians can no longer afford to bury our heads in the sand. Our pension crisis threatens adequate funding for education, workforce training, roads and bridges, public safety, healthcare and other services critical for a vibrant business community. It has led to a repeated downgrading of our credit rating and has increased our cost of borrowing. With the help of our Senate President and new House Speaker, this administration has developed a fair and equitable plan to solve this problem. I will soon call a special session of the Kentucky General Assembly to pass this plan into law.

This comprehensive pension reform plan, “Keeping the Promise,” is simple. First and foremost, it will fulfill our moral and legal obligation to uphold promises made to public employees and teachers while simultaneously ending any continued fiscal abuse of these systems. Additionally, it will stop digging a deeper liability hole by offering a mandatory defined contribution plan for future employees, comparable to those typically offered by private employers. “Keeping the Promise” will look honestly at unfunded liability, rather than simply hiding it or allowing politically motivated or unqualified boards to manipulate funding models. This will ensure we pay off the debts incurred while limiting future growth of these debts.

This plan was developed after reviewing an extensive multi-stage study by a reputable, pension-consulting firm, months of listening to feedback, and multiple meetings with stakeholders, financial experts and lawmakers. It is a financially prudent and fair plan that will meet our obligations to current and retired teachers, firefighters, police officers and other public servants. It will also set Kentucky on a fiscally sustainable path and will clear the way for more investment in the component of our economy that matters most – our employers.

As a businessman who deeply cares about the direction of our great state, I ask you for your support. Failure to act will result in the collapse of the entire pension system. This is not an acceptable option.

Please call your legislators immediately and tell them to support this plan. They will undoubtedly be hearing from those for whom this solution is a threat to their political power and from those who have intentionally been misinformed. They also need to hear from their local employers.

With one call to the Legislative Message line at 1-800-372-7181, you can make sure your State Senator and State Representative know how important this is.  You can identify your personal Representative and Senator at: www.lrc.ky.gov

Now is the time for action. Help secure Kentucky’s financial future by calling your legislators today.



(For more information about this issue and specific details on the “Keeping the Promise” plan, visit www.KentuckyPensions.com)

GLI Supports Passage of Federal Budget Resolution, Tax Reform

As an investor-driven organization representing more than 1,600 businesses, civic organizations, and entrepreneurs in Kentucky and Indiana, Greater Louisville Inc. has long sought tax reform at the federal level that is pro-growth and business-friendly.

A crucial vote in the Senate this week could bring the country one step closer to achieving that goal.

The last major overhaul of the federal tax code was in the 1980s. It has since grown in both density and complexity, putting a burden on businesses and citizens alike and creating a drag on our economy. Reform is long-overdue and will drive economic growth, help employers create more jobs, and give a much-needed boost to wages.

As GLI COO Sarah Davasher-Wisdom said in a letter this week to members of Greater Louisville’s congressional delegation, tax reform is needed “to keep up with today’s fast-paced and increasingly globalized economy.” This is a key reason why GLI supports “a federal tax code that is simple, competitive, fair, broad-based, and does not impose a disproportionate burden on any specific sector, industry, or activity.”

The process of reforming the federal tax code is already under way. Late last month, the Trump administration, members of the House Committee on Ways and Means, and the Senate Committee on Finance released a framework for federal tax reform. This framework will function as a guide for lawmakers as they mark up the actual legislation in committee meetings and hammer out the details of the reform package. Before that can happen, however, both chambers must pass budget resolutions with reconciliation instructions. This step will allow Congress to modernize and reform the federal tax code without the threat of a filibuster in the Senate—in other words, 51 votes instead of 60.

The House passed its resolution with reconciliation instructions on October 4, and now it’s up to the Senate, which is expected to take up a vote on a resolution this week.

The importance of that vote cannot be overstated.

In September GLI signed onto a letter with almost 250 chambers and associations nationwide, urging Congress to pass a budget resolution with reconciliation instructions. As stated in that letter, “failing to pass a budget resolution now may mean that tax reform never moves forward.”

The House has done its part to prevent that outcome. The Senate needs to follow suit.

GLI strongly urges Greater Louisville’s representatives in the Senate—Sens. McConnell, Paul, Donnelly, and Young—and all members of the upper chamber to pass a budget resolution with reconciliation instructions.

Pave the road to tax reform, and seize this once-in-a-generation opportunity.

Greater Louisville Inc. Sets the Record Straight on Pension Crisis

Greater Louisville Inc. released a statement and Myth/Fact rebuttal to claims recently floated by the Kentucky Center for Economic Policy.

“A continued ‘pay later’ approach will fail future public employees, current employees, retirees and taxpayers,” said GLI President, Kent Oyler. “There’s already a $15,000 liability for every man, woman and child in the Commonwealth, and our pension spending grew at a rate of 56% in fiscal year 2017 alone.  To save our pensions, we must look to proven structural reforms that the private sector has been implementing for many years now.  States are wisely turning to a level dollar approach to paying down unfunded liabilities each year. This means more money in the plans, not less.  Kentucky should do the same.  The time for serious action is now.”

Myth / Fact on Solutions to Kentucky’s Pension Crisis

Myth: “Pension Design Is Not the Problem So Pension Redesign Is Not the Answer”

FACT: The current unfunded liabilities in Kentucky are a direct result of the assumptions and methods used by the state’s pension plans, and the failure of the state to properly pay for the benefits promised. While the problem is not the generosity of the defined benefit plan, the system in place to pay for benefits that are promised is a problem. Thus the ‘answer’ does rest on making changes to pension design. We must eliminate the potential for policymakers to underfund long-term liabilities.  That can only happen with structural reform.

Myth: “Kentucky finally stepped up to nearly paying its full ARC contributions to TRS in the 2017-2018 budget, as shown, and the state’s failure to pay the ARC before those years is the main reason TRS is underfunded.”

FACT: The main reason TRS is underfunded is because of the back-loaded method of paying off unfunded liabilities as a percentage of payroll. The second biggest reason for TRS underfunding has been underperforming investment returns. The third primary reason for TRS underfunding is missing other actuarial assumptions and needing to retroactively account for pension promises that were artificially depressed by the assumptions and methods chosen. The state’s failure to pay actuarially determined contributions is a problem, but it comes in at #4 on the list of reasons why TRS is underfunded. Just paying the actuarially required rate is not enough to save TRS if all of the assumptions and methods being used to determine that rate are wrong.

Myth: “A shift to a Defined Contribution plan will not save money”

FACT: The primary objective of offering a defined contribution retirement plan is to provide more public sector employees with a retirement benefit they can keep (since most do not wind up working long enough to earn a full pension) while also reducing taxpayer risks created by the usage of unrealistic assumptions for the current plans. In the short-term, a sound DC plan that will ensure retirement security can be provided at a lower cost than the price of a defined benefit plan using more appropriate and safe assumptions — thus it can save money compared to properly pricing a defined benefit plan. In the long-term, a sound DC plan will save the state money by ensuring unfunded liabilities do not accrue on new employees.

Myth: “state’s existing [percent of payroll] method is not controversial: actuaries consider it standard practice.”

FACT: Sure, it is standard practice to peg future pension debt payments to growth in payroll. But that does not make the practice a good one for Kentucky. The underlying assumption with percent of payroll is that total payroll will grow by the same percentage each year.  That’s been a TERRIBLE assumption for Kentucky. Using this accounting method for paying off unfunded liabilities has been one of the largest contributors to growth in our pension debt. It will likely be even worse going forward. Percent of payroll amortization is more of the same “pay later” approach that has utterly failed to the point where it has resulted in negative amortization.

There is a better way. States are increasingly shifting towards paying off unfunded pension liabilities in equal dollar payments each year, including the most recent changes for new hires in Arizona and Michigan. It means more money in plans immediately.

This “level dollar” amortization approach would pay down the debt by a consistent, fixed amount each year, akin to how most home mortgages are structured. This avoids having lots of years where interest grows at a faster rate than payments towards the pension debt. Level dollar is the most common amortization in consumer debt and residential loans.  No games or gimmicks, just a clear and consistent path to becoming debt-free.

Myth: “The legislature clearly does have the authority to change benefits for new employees. But those workers do not add to the unfunded liability”

FACT: New employees added to the status quo systems will create more unfunded liabilities. KRS and TRS have a history of under performing investment, mortality, and payroll assumptions. Every new employee added to a system that under performs its assumptions will result in additional unfunded liabilities.

Myth: “because of the Great Recession [investment] returns fell short of the target over the last 10 years”

FACT: Under performing investment returns in Kentucky are not just because of the financial crisis. Financial markets have changed fundamentally over the past 20 years. Interest rates are much lower today than they were in the 1980s and 1990s — just think about how cheap it is to get a mortgage today relative to the 20th century when rates were in the double digits. The decline in interest rates has meant the returns on fixed income and bonds are much lower too and are forecast to stay lower. Virtually every major capital market forecast suggests that investment returns will be lower over the next decade than over the last few decades.

Myth: “Only 26 percent of the $1.8 billion in additional monies PFM calls for goes to the severely underfunded KERS non-hazardous plan, as shown the graph below. In contrast, 65 percent of those monies go to plans that are nearly 60 percent funded — TRS and the CERS non-hazardous plan.”

FACT: All of Kentucky’s plans are severely underfunded. In any other state a 60% funded plan would be considered a crisis on its own terms. Any plan that is less than 100% funded is in a shortfall. And any plan that has been less than 100% funded for five to 10 years should be worried about its fiscal health. The benchmark for fiscal health is being 100% funded — not 80% or 60%. Every public sector employee in Kentucky deserves to have a fully funded pension system.

2017 D.C. Fly In

Kent OylerLast week, I had the honor of leading 35 business leaders on GLI’s annual D.C. Fly-In. For those of us who don’t visit or work in Washington on a regular basis, this trip was an eye-opener, and for me, a positive one.

We met with Indiana and Kentucky’s senators, six members of Congress, the U.S. Chamber, the White House political and workforce staff and senior staff at the Department of Transportation. We were fortunate to be there as Sen. Mitch McConnell unveiled the new health care proposal and some of our group even ran into Ivanka Trump and U2’s Bono.

Despite the speed of the daily news cycle, the wheels of government continue to turn. When you get up close, some important facets are evident: Competent adults are running both sides of Congress and collegial relationships continue to be the norm in governing. Grandstanding, loud protests, innuendo and ugly sound bites seem from afar to define Washington.


However, they are not the true show. Thousands of very smart and dedicated people in Congress, the White House and multiple government agencies are still doing their jobs and doing them well.

President Donald Trump is engaged. Several elected officials we met with pointed out how many calls and invitations they had received personally from the president. While the president’s public persona is perplexing to many, privately he is working closely with members of Congress.

Business issues such as workforce, taxes and trade are top of minds for our elected officials. While health care reform is the headline today, other game-changing legislation like the Choice Bill, which reforms Dodd-Frank, have advanced through the House and into the Senate.

The people we met with in Congress and the White House understand that developing a skilled workforce (a top priority for GLI) is vital to bolstering the economy. They are working on real plans to reform existing programs and bring forth new ones that will strengthen the country’s workforce.

Sen McConnell

Federal tax reform is a priority for the administration. Many people we spoke with expressed optimism that some form of it will pass this year. With tax reform also a top initiative in Kentucky, major changes to the tax code appear imminent and I’m grateful that GLI has a seat at the table both on the state and federal levels.

The bottom line for me after our D.C. Fly-In was a renewal of hope. I came away realistically optimistic in the chance for improvements for both business and citizens. In Washington, checks, balances and competent people remain and they are working to move the nation forward. I’m told that everything isn’t always how it appears in politics. Perhaps, but I’m betting on the best outcomes with the system we have in place.

-Kent Oyler, President & CEO of Greater Louisville Inc. 



GLI Legislative Update: Sine Die

The 2017 Kentucky general assembly has officially adjourned. Let’s take a look at some of the highlights from the final two weeks of the 2017 regular session.

Recent Wins

House Bill 72, sponsored by Rep. Jerry Miller, will address the endless appeals process that opponents of development projects have used to kill economic investments in our community by requiring the post of an appeal bond by the appellant. HB 72 will deter frivolous appeals, allow legitimate cases to proceed, and make the process fair.

House Bill 72 passed the House of Representatives on Thursday night, just before sine die, and was delivered to Gov. Matt Bevin.

House Bill 330, sponsored by Rep. David Osborne, will give the Louisville Arena Authority more time to collect a portion of the sales and property tax revenue the area surrounding the arena. The Yum! Center is an attraction that injects a great amount of economic life into our region. By extending the time period to collect revenue from 20 years to 45 years, we make sure one of our region’s greatest venues does not default on its bond payments.

House Bill 330 passed both the Senate and the House of Representatives on Thursday and was delivered to Gov. Matt Bevin.

GLI Priority Bills Signed by the Governor

House Bill 35, sponsored by Rep. Jerry Miller, will allow a business to pursue a public benefit, in addition to profit, and enshrines a company’s mission for future generations. Public Benefit Corporations are recognized in 31 other states and allows businesses to pursue capital from a new and growing group of impact investors. GLI is the only chamber of commerce in Kentucky that is supportive of Public Benefit Corporations and the economic development opportunities HB 35 will create.

Gov. Matt Bevin signed House Bill 35 into law on March 20.

House Bill 410, sponsored by Rep. Jim DuPlessis, offers Kentuckians the option to choose enhanced identification that will comply with federal standards or continue to use the current state-issued identification card. Kentucky will now be compliant with enhanced federal standards set by the Department of Homeland Security and Kentucky identification cards will be accepted for entry into federal facilities such as Fort Knox, Fort Campbell, other government facilities and domestic flights.

Gov. Matt Bevin signed House Bill 410 into law on March 21.

House Bill 520, sponsored by Rep. Bam Carney, allows the establishment of charter schools in the Commonwealth. This legislation outlines the qualifications needed to apply and authorize a charter school, including a path for existing schools to become charter schools. Charter schools provide another educational option for families of all economic backgrounds who want the best for their children. House Bill 471, sponsored by Rep. Steven Rudy and co-sponsored by Rep. Bam Carney, includes language to fund HB 520.

Gov. Matt Bevin signed House Bill 520 into law on March 21.

Missed Opportunities

House Bill 296, sponsored by Rep. Adam Koenig, would have addressed the problems facing Kentucky’s $1 billion workers’ compensation system. This bill would have clarified how the limitation on reopening claims already in Kentucky would be applied, set an appropriate time period for filing claims on an injury that presents symptoms years after exposure and would have required that treatment guidelines be developed and implemented to ensure the proper standard of care while allowing for flexibility in care for special cases. Increasing the efficiency of the system will drive employers’ cost down while improving injured workers’ access to care, and return the individual to work more quickly, GLI will be engaged on this issue in future sessions.

House Bill 296 did not receive a hearing in the Senate Economic Development, Tourism, and Labor committee.

Greater Louisville Inc. would like to thank Kentucky state legislators for all of their hard work during this busy session.

As we shift our focus from state to federal legislative issues, GLI will convene our public policy issues committees to set the federal priorities of the Greater Louisville business community. If you are interested in attending any of these meetings, please contact Stewart Lewis at slewis@greaterlouisville.com.

GLI’s Bi-State Priorities Move in Indiana Legislature

GLI is a regional chamber that crosses state lines.  We work together with One Southern Indiana to collaborate and work on initiatives that benefit both Indiana and Kentucky.

Indiana’s General Assembly convened on January 3rd and will adjourn in late April. The Indiana General Assembly is similar compared to Kentucky, with the exception of the timing when bills move through the legislative process. Indiana House and Senate bills are considered in their respective chambers for the first half of the session. If successful, those bills officially “crossover” to the other chamber for consideration on predetermined dates. Some big issues in consideration include the two-year state budget (Indiana’s budget is determined in even-numbered years), long-term road funding, university funding, reforming school testing, and a workforce-ready grant program.

GLI has been engaged in the Indiana legislature with our partners at One Southern Indiana on a few issues that impact our region. One of GLI’s biggest priorities in Indiana is House Bill 1211, authored by Rep. Steven Stemler. This bill would establish the Indiana-Kentucky transborder groundwater authority, which would study ownership rights in the groundwater resources shared by our two states. The Groundwater Authority is forward thinking and a solid governing measure.  It will prevent Kentucky and Indiana from getting into a prolonged, expensive legal battle over water resources should we experience a drought. On February 7, GLI’s Advocacy team testified in front of the Statutory Committee on Interstate and International Cooperation where the bill received unanimous support. GLI returned to the Capitol on March 20 to support the measure in the Senate Committee on Environmental Affairs, where it passed unanimously.

HB 1211 was adopted by the Senate committee with a committee amendment. The bill awaits action by the full Senate. If passed, it will return back to the Indiana House for concurrence. GLI supports the original version of HB 1211 and continues to monitor the proposed amendments.  

Another top GLI priority in the Hoosier state is House Bill 1286, also authored by Rep. Steven Stemler. HB 1286 would further refine the laws regarding regional development authorities. Within HB 1286, if a regional development authority (RDA) is established after June 30, 2017, the establishing ordinances must specify if the authority has the power of eminent domain, does not have the power of eminent domain, or has the authority per the approval of the municipality’s legislative body. GLI will continue to work with One Southern Indiana in its efforts to form a RDA in Southern Indiana.

HB 1286 passed unanimously in the House and Senate committee on Local Government. It awaits action by the full Senate.

The Kentucky legislature passed its 28th day last Wednesday and recessed for 10 days for the Governor’s Veto Period. There are a few items of unfinished business that may be considered on March 29th and 30th when the legislature convenes for their final two days.

Senate Bill 1, referred to as the “Let Teachers Teach” bill and sponsored by Sen. Mike Wilson, is the most comprehensive education reform bill our Commonwealth has seen in a long time and will align Kentucky’s educational standards with the federal Every Student Succeeds Act. SB 1 will also return much of the power back to individual school districts. GLI supports high academic standards for our students in order to create a workforce that will meet the demands of the future.

SB1 passed 94-0 in the House of Representatives on last week after passing 35-0 out of the Senate last month. This bill is received by the Senate for concurrence.

Senate Bill 18, sponsored by Sen. Ralph Alvarado, is an important piece of legislation that will protect confidential information, such as employee reviews and evaluations, from being provided as evidence in civil action cases. SB 18 language was filed into a House floor amendment and added into HB 409, but was recently withdrawn.

SB 18 passed the Senate in February and awaits action in the House of Representatives.

Senate Bill 120, sponsored by Sen. Whitney Westerfield, seeks to cut down on recidivism and improve transition after time served. This bipartisan measure will improve Kentucky’s workforce shortage by allowing individuals with a criminal record to have opportunities for employment, pay taxes and support their families. One important piece of this bill includes options for employers with occupational licensing boards and the ability to consider workers with prior offenses. A board maintains the ability to deny a license as they see fit, and SB 120 establishes a fair appeals process.

SB 120 passed the House of Representatives and awaits concurrence in the Senate.

House Bill 72, sponsored by Rep. Jerry Miller, will address the endless appeals process that opponents of development projects have used to kill economic investments in our community by requiring the post of an appeal bond by the appellant. HB 72 will deter frivolous appeals, allow legitimate cases to proceed, and make the process fair.

House Bill 72 was amended in the Senate, and the House of Representatives refused to concur. HB 72 will go to conference committee after the 10 day recess for the Governor’s veto period.

House Bill 206, sponsored by Rep. Bam Carney, will establish a Dual Credit Scholarship Program, which will serve Kentucky students at public, private and community colleges. The bill defines which students are eligible.

HB 206 passed unanimously in the House of Representatives and awaits action in the Senate Education committee.

House Bill 330, sponsored by Rep. David Osborne, will give the Louisville Arena Authority more time to pay off its obligations. The Yum Center is an attraction that injects a great amount of economic life into our region. By extending the time period to collect revenue from 20 years to 45 years, we make sure one of our region’s greatest venues does not default on its bond payments.

HB 330 awaits a vote in the Senate.

For the latest updates, follow our advocacy staff on Twitter: @gliadvocacy #kyga17