# Kentucky SB 183: AN ACT relating to the regulation of proxy advisory services.

Kentucky SB 183, AN ACT relating to the regulation of proxy advisory services., is a 2026 Regular Session Senate bill sponsored by Matt Nunn (Republican); status became law, last action 2026-03-31 (delivered to Secretary of State (Acts Ch. 10)) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/KY-SB183-2026RS
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Kentucky SB 183
- State: Kentucky
- Session: 2026 Regular Session
- Title: AN ACT relating to the regulation of proxy advisory services.
- Status: became law
- Chamber: Senate
- Introduced: 2026-01-29
- Last action: 2026-03-31, delivered to Secretary of State (Acts Ch. 10)
- Sponsor: Matt Nunn (Republican)
- Cosponsors: 2
- Subjects: Attorney General, Fiduciaries, Financial Responsibility, Investments, Retirement And Pensions, Civil Actions, Business Entities And Organizations, Commerce, Consumer Protection
- Touches household money: no
- Roll calls: 5 (251 yes, 39 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Shareholders get clearer warnings about voting advice: benefit, low. Kentucky requires proxy advisors—firms that guide shareholder votes—to disclose when advice is not based only on financial risk and return. The rules cover publicly traded, for-profit companies doing business in Kentucky and services provided from the law’s effective date onward. Federally register…
- Shareholders gain court remedies with nonprofit limits: mixed, low. Violating the proxy advice disclosure and notice rules counts as an unfair or deceptive trade practice under Kentucky law. Advice recipients, the company discussed, or shareholders can ask a circuit court to declare a violation or stop it. They can file where the plaintiff lives or where the violat…

## Sponsors and cosponsors

- Sponsor: Matt Nunn (Republican), Senate
- Cosponsor: Robby Mills (Republican), Senate
- Cosponsor: Steve Rawlings (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-31 | Senate | passed | pass | 31 | 6 |   |
| 2026-03-31 | House | passed | pass | 76 | 15 |   |
| 2026-03-17 | Senate | passed | pass | 31 | 6 |   |
| 2026-03-13 | House | 3rd reading, passed | pass | 81 | 6 |   |
| 2026-02-10 | Senate | 3rd reading, passed | pass | 32 | 6 |   |

## Actions (38)

- 2026-03-31: delivered to Secretary of State (Acts Ch. 10)
- 2026-03-31: enrolled, signed by Speaker of the House (House)
- 2026-03-31: enrolled, signed by President of the Senate (House)
- 2026-03-31: passed 76-15 (House)
- 2026-03-31: veto overridden (House)
- 2026-03-31: posted for consideration of Governor's veto
- 2026-03-31: taken from Rules (House)
- 2026-03-31: to Rules (H) (House)
- 2026-03-31: received in House (House)
- 2026-03-31: passed 31-6 (Senate)
- 2026-03-31: veto overridden (Senate)
- 2026-03-31: posted for passage for consideration of Governor's veto
- 2026-03-31: to Rules (S) (Senate)
- 2026-03-31: received in Senate (Senate)
- 2026-03-27: Vetoed
- 2026-03-17: delivered to Governor
- 2026-03-17: enrolled, signed by Speaker of the House (Senate)
- 2026-03-17: enrolled, signed by President of the Senate (Senate)
- 2026-03-17: passed 31-6 (Senate)
- 2026-03-17: Senate concurred in House Committee Substitute (1) (Senate)
- 2026-03-17: posted for passage for concurrence in House Committee Substitute (House)
- 2026-03-17: taken from Rules (Senate)
- 2026-03-16: to Rules (S) (Senate)
- 2026-03-16: received in Senate (Senate)
- 2026-03-13: 3rd reading, passed 81-6 with Committee Substitute (1) (House)
- 2026-03-12: posted for passage in the Regular Orders of the Day for Friday, March 13 2026 (House)
- 2026-03-12: 2nd reading, to Rules (House)
- 2026-03-11: reported favorably, 1st reading, to Calendar with Committee Substitute (1) (House)
- 2026-03-09: to Banking & Insurance (H) (House)
- 2026-02-11: to Committee on Committees (H) (House)
- 2026-02-11: received in House (House)
- 2026-02-10: 3rd reading, passed 32-6 (Senate)
- 2026-02-06: posted for passage in the Regular Orders of the Day for Tuesday, February 10 2026 (Senate)
- 2026-02-06: 2nd reading, to Rules (Senate)
- 2026-02-05: reported favorably, 1st reading, to Calendar (Senate)
- 2026-02-04: to Economic Development, Tourism, & Labor (S) (Senate)
- 2026-01-29: to Committee on Committees (S) (Senate)
- 2026-01-29: introduced in Senate (Senate)

## Bill text

- Current, 2026-03-31: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb183/bill.pdf)
- Introduced, 2026-02-10: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb183/orig_bill.pdf)

## Related bills

- SB 197: AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergen… (became law)
- SB 133: AN ACT relating to the fiscal reporting of local entities. (signed)
- HB 869: AN ACT relating to fiscal matters and declaring an emergency. (signed)
- SB 324: AN ACT relating to the entertainment industry. (signed)
- SB 66: AN ACT relating to the operation of a motor vehicle. (signed)
- HB 826: AN ACT relating to education. (signed)

## Sources
- [Current (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb183/bill.pdf)
- [Introduced (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/26RS/sb183/orig_bill.pdf)

## Related
- [SB 197: AN ACT providing funding and establishing conditions for state government agenc…](https://policyrisk.com/state-bill/KY-SB197-2026RS)
- [SB 133: AN ACT relating to the fiscal reporting of local entities.](https://policyrisk.com/state-bill/KY-SB133-2026RS)
- [HB 869: AN ACT relating to fiscal matters and declaring an emergency.](https://policyrisk.com/state-bill/KY-HB869-2026RS)
- [SB 324: AN ACT relating to the entertainment industry.](https://policyrisk.com/state-bill/KY-SB324-2026RS)
- [SB 66: AN ACT relating to the operation of a motor vehicle.](https://policyrisk.com/state-bill/KY-SB66-2026RS)
- [HB 826: AN ACT relating to education.](https://policyrisk.com/state-bill/KY-HB826-2026RS)
- [Kentucky bills](https://policyrisk.com/states/kentucky/bills)
- [Kentucky state hub](https://policyrisk.com/states/kentucky)
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Source: PRIA, https://policyrisk.com/state-bill/KY-SB183-2026RS (as of 2026-11-01).
