AN ACT relating to office space leases for the Kentucky Public Pensions Authority and declaring an emergency.

This bill would allow the Kentucky Public Pensions Authority to find and lease its own office space without following the state's usual rules that govern how government agencies acquire property. Currently, state agencies must go through a process outlined in state law when purchasing or leasing space, and this bill would create an exception for the Pensions Authority. The emergency designation means it would take effect immediately if signed into law. Who it may affect: public employees and retirees whose pension funds are managed by the Kentucky Public Pensions Authority, and state government operations more broadly.

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