Kentucky Legislators Consider Removing the Office of State Treasurer
Kentucky lawmakers are considering proposing an amendment to the state constitution that would remove the office of State Treasurer. Currently, the office of the Treasury is an elected position and has been since 1792. The proposal would change that to a position appointed by the governor. Sponsors of the bill estimate that it could save the Commonwealth $1.4 million every year. Those opposed to the bill claim the amount saved would be less than half that figure. Governor Steve Beshear doesn’t think that the vote will make it past the General Assembly.