Senate Bill 1, the controversial plan to overhaul Kentucky’s ailing pension system, is still on “life support,” according to its sponsor.

House Bill 114 passed the Senate Appropriations and Revenue Committee Tuesday morning. It now heads to the Senate floor for a vote as soon as Thursday.

FRANKFORT, Ky. (KT) - Kentucky lawmakers announced a schedule change to the calendar for the 2018 regular session on Tuesday afternoon.

FRANKFORT, Ky. (KT) – A day-long meeting by the House-Senate Conference Committee on Wednesday, but no agreement on a two-year state spending plan.

The Kentucky General Assembly passed a revenue measure today that would generate nearly a half of billion dollars in additional money for the state over the next two fiscal years.

FRANKFORT— A $22 billion state spending plan that would restore some funding cuts proposed by the governor while ensuring that Kentucky fully funds its public pension systems has received final passage in the House after being approved by the Senate earlier today.

The long-awaited CERS employer contribution phase-in or “rate collar” was finally passed providing pension relief Kentucky counties desperately need.

Gov. Matt Bevin on Monday said he will veto the tax reform bill and the entire two-year budget proposal that Kentucky's Republican-run legislature passed last week.