12:23pm

Thu February 28, 2013
State Capitol

House Approves Pension Overhaul and Funding Bills

The House passed its version of a state pension overhaul bill Wednesday, along with a proposal to help fund the ailing pension system by expanding the Kentucky Lottery and instant racing at horse racetracks. The funding measure — House Bill 416 — received 52 "yes" votes and 47 "no" votes, falling shy of the 60 votes needed for a revenue-generating bill to become law in this year's 30-workday legislative session. Senate President Robert Stivers, R-Manchester, said Wednesday that the Senate will not accept the bill because it did not get 60 votes.