Video & Transcript Research : 'risk pool'

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KY
Transcript Highlights:
  • Authorized maintenance pool capital projects and authorized other projects total about $8.5 million.
  • Parks maintaining the maintenance pool at about $20 million from investment income.
  • Parks maintaining the maintenance pool Parks maintaining the maintenance pool at<00:26:53.120>
  • .<00:27:09.919> Again, pool.
  • Again, pool.
Summary: The House Standing Committee on Appropriations and Revenue met to consider House Bill 500, the executive branch budget bill, and House Bill 504, the judicial branch budget bill. The chair explained that the committee substitute for HB 500 was a starting point in the budget process and that a committee amendment was needed to correct a numbers discrepancy. The amendment to PHS1 was adopted, and the committee then adopted HB 500 as amended, with one no vote and several passes; the bill was reported favorably. The committee also voted to roll the committee amendment into PHS1 so it would be considered as a single unified version. The chair gave a broad overview of HB 500, describing funding for statewide costs, a 2% salary increase in each fiscal year for executive branch employees and elected officials, and broad percentage cuts of 4% in FY27 and 3% in FY28 with many exemptions. He highlighted funding changes for education, Medicaid, health insurance for state and school employees, public safety, corrections, health and family services, postsecondary education, fire programs, tourism and parks, and several capital projects. He also noted language changes or removals that were intended to clean up the bill rather than eliminate programs, and said some items were held steady or fully funded based on current estimates. Members asked about SEEK transportation funding, the budget reserve trust fund, and why Medicaid benefits were funded below the governor’s request. The chair said the reserve included general fund and Department of Insurance restricted funds as a safeguard, with some of that money available if Medicaid costs exceed expectations. He said Medicaid benefits were held flat at FY26 levels because eligibility and utilization have declined, but the committee added reporting requirements and oversight to monitor trends. A member expressed appreciation for the SEEK increase and KEPH stability, while another voted no on HB 500 because they were still reviewing the document and believed some items were missing. The chair then said the committee would move on to HB 504, but no action on that bill is included in the excerpt.
HI

Hawaii 2025 Regular Session

CPC-CPN Informational Briefing 01-27-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • Risks that are placed with a property FAIR Plan are generally higher risk and must meet certain minimum
  • HPIA is very thinly capitalized already for the risks it writes.
  • HPIA is very thinly capitalized already for the risks it writes.
  • <00:32:45.399> in broker they had a condo Mall risk in broker they had a condo Mall risk in
  • Will the per capita numbers move around at all if you expand the risk pool?
Keywords: 912, senate, all
HI
Transcript Highlights:
  • <00:33:04.320> and<00:33:04.799> and<00:33:05.039> legal<00:33:05.440> risk
  • substantial operation and and legal risk substantial operation and and legal risk for<00:33:06.320
  • safety, and risk management. safety, and risk management.
  • as a resiliency effort as well as one that will help mitigate the impacts from HR1 and the ongoing risk
  • as a resiliency effort as well as one that will help mitigate the impacts from HR1 and the ongoing risk
Summary: The committee heard testimony on SB 2047, relating to pharmacy benefit managers. The Insurance Division said the bill would require new enforcement resources and estimated an appropriation of about $1.5 million and five positions. Kaiser Permanente asked for an amendment to exclude HMOs from the definition of third-party PBMs, saying the bill should not interfere with integrated care models. PCMA and the Hawaii Pharmacist Association supported narrowing amendments, with pharmacists objecting to section 3 and warning the bill as amended could create major operational burdens and a significant general fund cost. No vote was taken in the portion provided, and the chair moved on to the next measure after questions. The committee then took up SB 2080, which would allow Hawaii to join the psychology interjurisdictional compact. Supporters, including DCR, the Hawaii Association of Health Plans, the Hawaii State Association of Counties, the Grassroot Institute, and others, said the compact would expand access to psychology services, especially for people in rural areas or those needing continuity of care while traveling. Opponents, including the Board of Psychology and a Shamanad University psychology professor, raised concerns about client safety, crisis-response procedures, enforcement costs, FBI background checks, and possible loss of state control over training and specialization standards. The board said Hawaii’s current 1,900-hour internship/postdoc requirement is higher than the compact’s standard and that the state is still implementing a separate provisional licensing law that may address some access issues. The discussion focused on whether the compact would meaningfully reduce shortages and whether Hawaii should instead pursue changes within its existing licensing system. Finally, the committee heard SB 2277 on hospital price transparency. The Office of Consumer Protection initially noted the bill could require significant staffing, but later testimony from SHIP suggested the measure could be handled more simply by working with the Healthcare Association of Hawaii and publicly posting violations. The Healthcare Association of Hawaii opposed the bill, arguing hospitals already must comply with federal CMS transparency rules and that adding state requirements would increase costs and legal exposure, especially if violations were treated as unfair or deceptive trade practices. Steve Fenberg testified in support, saying the bill would simply codify existing federal requirements in state law and that he was open to amendments removing state enforcement and the unfair trade practice language. No final action was taken in the excerpt provided.
HI

Hawaii 2026 Regular Session

WAM Public Hearing 02-19-2026

Ways and Means

Summary: The Committee on Ways and Means met for decision-making only and adopted recommendations on a long list of Senate bills, with no oral testimony taken. Early actions included SB 99 to pass unamended, SB 585 to pass with a date correction to 2015, SB 2060 to pass with amendments involving public project lists, legislative approval for fund transfers, and removal of certain appropriations, and SB 2069 to pass with amendments extending a sunset date and requiring transit-oriented development zoning. The committee also advanced several other measures, including SB 2110, SB 215, SB 2259, SB 2382, SB 2442, and SB 2485 unamended, while SB 2152, SB 2315, SB 2446, SB 2919, SB 2577, SB 2580, and SB 2861 were moved with various amendments, mostly date changes, appropriation blanks, or technical clarifications. A substantial portion of the meeting focused on SB 2211, where Department of Human Services officials explained how the department was covering costs by using restricted funds and shifting Med-QUEST funding, and noted a need for $14 million plus support for $16.5 million in ACA enhanced tax credit subsidies. The chair indicated the bill would move forward with amendments, including blanking the appropriation pending more information on lapses, and the recommendation was adopted. SB 2544 was also amended to remove a specific appropriation and replace it with a blank cap on funds from DUR, and SB 2342 was amended to require projects to be in transit-oriented development zones and to reflect prior committee concurrence. The most extended debate was on SB 3326, which would address utility restructuring. One senator opposed the bill, arguing it could raise rates, worsen reliability issues, and disrupt an existing utility without a clear plan, especially given island-specific conditions. Supporters argued the bill would separate generation from transmission and distribution, create competition, protect union jobs, and respond to aging infrastructure and financial weakness in the utility sector. After recesses and discussion of the Public Utilities Commission’s role, the chair changed the recommendation from pass unamended to pass with amendments requiring the PUC to conduct a study, provide an interim report before the next session, and a final report the following session. That amended recommendation was adopted, and the meeting then adjourned with no further business.
WA

Washington 2025-2026 Regular Session

Joint Committee on Energy Supply, Energy Conservation, and Energy Resilience Dec 3rd, 2025

Joint Committee on Energy Supply, Energy Conservation, and Energy Resilience

Transcript Highlights:
  • We have heightened resiliency needs as we face more extreme weather events and wildfire risks, and on
  • What can we do to take some of that risk off the table?
  • What can we do to take some of that risk off the table?
  • What can we do to take some of that risk off the table?
  • So that's been another key piece of risk that we wanted to focus on for our federal permits.
Summary: The Joint Committee on Energy Supply, Energy Conservation, and Energy Resilience opened by electing Senator Shoemake as chair and Representative Alex Ibarra as vice chair. Members then moved into a series of work sessions focused on data centers, transmission, and workforce needs tied to Washington’s clean energy and grid planning challenges. Kate Bruns and Glenn Blackman presented preliminary findings from the governor’s Data Center work group, created under Executive Order 25-05. They said the group met for six months, received more than 1,000 public comments, and included representatives from agencies, industry, tribes, labor, utilities, environmental groups, and research institutions. The presenters emphasized that data centers are expected to be the largest source of load growth over the next five to ten years, creating concerns about grid capacity, ratepayer impacts, forecasting, water use, backup generation, and compatibility with Washington’s energy and climate laws. They described nine recommendations, including protecting existing energy and climate policy, improving forecasting, seeking more clean power and transmission, and encouraging flexible data center operations. A proposed tax incentive change that would have expanded eligibility while tying the exemption to new clean electricity sources narrowly failed in the work group. Members asked about tribal consultation, cooling technologies, and local benefits from data centers; the presenters said tribal consultation was ongoing and a final report would follow. Keegan Moyer of West Tech then outlined a regional transmission study showing major strain on the Western grid from load growth, electrification, resiliency needs, and limited transmission capacity. He said the 10-year study identified about 12,000 line miles of needed projects across the West, with roughly $56 billion in estimated costs, including planned projects, reliability upgrades, and new interregional transfer projects. He stressed that many projects are upgrades within existing rights-of-way, but new corridors are still needed, and he previewed recommendations on permitting, equipment procurement, cost allocation, and project sponsorship. In response to questions, he discussed the difficulty of crossing jurisdictional “seams,” the role of federal coordination, landowner compensation, eminent domain as a last resort, and the limited role of public financing beyond a federal GRIP grant. Stephanie Scott of Commerce presented the transmission workforce study, which focuses on substation technicians, line workers, and line clearance tree trimmers. She said current workforce levels are far below what will be needed under a clean energy expansion scenario, and that active projects are essential because apprenticeship training depends on thousands of hours of hands-on work. She highlighted barriers such as high upfront CDL and pre-apprenticeship costs, the need for wraparound supports, and the importance of expanding access for women, people of color, and tribal communities. Members asked about tribal utility apprenticeship programs, utility-run training pipelines, and whether the study included funding sources; Scott said the report would include an inventory of apprenticeship programs and tribal considerations, but revenue ideas were outside the study scope. Finally, Brant Johnson of Grid United described the North Plains Connector as a case study in large transmission development. He said the project, a 420-mile, 3,000-megawatt HVDC line connecting Montana and North Dakota, has relied on early stakeholder engagement, route changes, tribal consultation, and coordinated federal and state permitting to reduce risk and shorten timelines. He said the project aims for permits by the end of 2026 and construction beginning in 2028, with an earliest commercial operation date of 2032. In response to questions, he discussed the challenges of crossing regional seams, interconnection queues, land acquisition and compensation, eminent domain, and financing, noting that the project is primarily privately financed with a $700 million federal grant covering a portion of costs.
NM

New Mexico 2025 Regular Session

IC - Legislative Health and Human Services Aug 20th, 2025

Legislative Health & Human Services Committee

Transcript Highlights:
  • We are currently a member of a reciprocal risk retention group, and that's 10 hospitals.
  • risk.
  • **Witness**: We're through Mountain State States Reciprocal Risk Retention Group.
  • For kids with disabilities at risk.
  • Furthermore, malpractice risk does not result in improved care.
NM

New Mexico 2025 Regular Session

House - Commerce and Economic Development Mar 3rd, 2025

House Commerce & Economic Development Committee

Transcript Highlights:
  • Residents will be at risk under the model of some non-profits who call themselves non-profits and they
  • Risk-based pricing ensures that drivers who represent a higher risk pay accordingly, while drivers who
  • have a lower risk benefit from... affordable rates.
  • That is appalling; that is not related to risk.
  • So there's no risk.
AL
Transcript Highlights:
  • probation or parole, we assess whether they are high-risk or... ...probation or parole.
  • Low risk, nine times out of ten, means that you were probably in prison for murder or rape.
  • That's concerning because it suggests a lower risk to recidivate, according to the data.
  • In fact, those types of property crimes are associated with the highest risk of recidivism.
  • the risk assessment on the Second Chance.
Keywords: 924, joint, all
FL

Florida 2026 Regular Session

Commerce and Tourism Feb 4th, 2025

Commerce and Tourism

Transcript Highlights:
  • There's risk involved in that.
  • So for the state of Florida, I think it has to be a win-win and a risk.
  • And I think that that kind of risk... ...grants for new lines of business.
  • So for the state of Florida, I think it has to be a win-win and a risk.
  • And I think that that kind of risk... ...grants for new lines of business.
Summary: The Commerce and Tourism Committee met to hear an overview of its jurisdiction and then focused primarily on Florida manufacturing. Secretary of Commerce Alex Kelly described manufacturing as central to a more resilient, diversified economy, citing the 2023 Florida Manufacturing Report and noting strong growth in manufacturing businesses, jobs, exports, and workforce programs. He emphasized that most Florida manufacturers are small businesses, that the sector is increasingly STEM- and technology-driven, and that the state’s main challenge is workforce aging and the need to retain trained talent. Members also discussed how to better expose students and parents to manufacturing careers, improve startup access to capital, and strengthen regional manufacturing corridors and transportation links. Kevin Carr of FloridaMakes said Florida is on track to become a top-five manufacturing state, but warned that productivity, technology adoption, and workforce shortages remain key issues. He said a proposed manufacturing bill would create a chief manufacturing officer and help address workforce, technology, and market-visibility challenges. Bain Beecher of PGT Innovations described the company’s growth and community role, but highlighted obstacles such as affordable housing, insurance costs, permitting delays, supply-chain disruptions, and limited awareness of manufacturing careers among students and parents. Andrew Kosowski of Veterans Metal focused on small- and medium-sized manufacturers, citing labor shortages, the cost of adopting new technology, regulatory burdens, and cybersecurity compliance as major pressures, and urged support for the draft manufacturing bill. Brian Giuliani of the Port of Tampa Bay outlined the port’s cargo mix, infrastructure investments, and role in moving fuel, construction materials, and manufactured goods, saying the port’s expansion and transloading plans could better connect Florida manufacturers to suppliers and markets. Committee members repeatedly stressed the need to promote manufacturing careers earlier in school, improve public perception of the industry, and reduce barriers to investment. No formal vote was taken during the discussion, but the panelists broadly supported the draft manufacturing legislation and the committee’s focus on manufacturing policy.
MN

Minnesota 2025 1st Special Session

Committee on Environment, Climate and Legacy - 03/20/25

Environment, Climate, and Legacy

Transcript Highlights:
  • Rulemaking, please recognize that gas development has risks, including toxic and radioactive exposure
  • agreements in particular, tribal interests do have the ability to veto those pooling interests if they
  • agreements in particular, tribal interests do have the ability to veto those pooling interests if they
  • First, consumers face significant health risks.
  • First, consumers face significant health risks.
Keywords: 1187, senate, all
CA

California 2025-2026 Regular Session

Assembly Insurance Committee Mar 19th, 2025

Transcript Highlights:
  • It would also empower communities to prioritize actions that mitigate wildfire risk.
  • With our ongoing risk, it's time that California starts doing the same.
  • risk that we need to address.
  • And that's why I keep saying we all need to pay for the amount of risk of where we live.
  • And so they're going to decrease their population, their risk.
Summary: The committee first heard AB 597, a bill to strengthen consumer protections for disaster survivors who use public adjusters. The author and the Department of Insurance said the measure would cap public adjuster fees at 15% for claims tied to declared disasters, require clearer contracts, prohibit solicitation during emergency conditions, and allow consumers to rescind contracts that were solicited during prohibited periods. Insurance industry groups supported the bill, while public adjuster representatives opposed it as written but said they were willing to work on revisions. The committee approved the bill and re-referred it to Appropriations; the roll call was ultimately recorded as 16-0. The committee then held its fourth oversight hearing on the Department of Insurance’s Sustainable Insurance Strategy, with Commissioner Ricardo Lara giving an extensive update on wildfire-related market reforms and consumer protections. He said the recent Southern California wildfires had not derailed the strategy and described actions including advance claim payments, a one-year moratorium on residential non-renewals in affected areas, a new fraud strike team, smoke-damage claim guidance, additional living expense protections, and a consumer claims tracker. He reported more than $12.1 billion in claims paid, over 37,000 claims filed, and more than 7,000 survivors assisted directly. He also discussed related bills and reforms, including AB 597, SB 495, SB 547, SB 429, SB 616, AB 888, and AB 2026. Members questioned the commissioner about the Fair Plan’s growing exposure, the $1 billion assessment, rate increases, non-renewals, underinsurance, and whether the reforms would actually stabilize the market. Lara said the assessment was already approved, that policyholders would not be hit with one large bill because insurers have two years to recover costs, and that the department was pushing insurers to use catastrophe modeling and reinsurance tools in exchange for commitments to write more policies in wildfire-distressed areas. He said the department expects to see market stabilization by 2026, though he emphasized the timeline depends on insurer participation, implementation of the new regulations, and future disaster activity. Members generally expressed support for the goals of the strategy while pressing for clearer expectations for consumers and faster action on mitigation and market reform.
WY

Wyoming 2026 Regular Session

House Agriculture, State and Public Lands & Water Resources Committee, February 24, 2026

Agriculture, State and Public Lands & Water Resources

Transcript Highlights:
  • But if it is, you can just strike the part where it says, you know, in equity pools, and that simply
  • But if it is, you can just strike the part where it says, you know, in equity pools, and that simply
  • But if it is, you can just strike the part where it says, you know, in equity pools, and that simply
  • , to the larger state treasurers pool, to the larger state treasurers pool, which<00:29:28.799>
  • which local entities already take pools which local entities already take advantage<00:29:55.279>
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/15/26

Taxes

Transcript Highlights:
  • The end result of this is that more projects will get a tax-exempt bond allocation because the pool of
  • 02:50.120> the tax-exempt bond allocation because the tax-exempt bond allocation because the pool
  • 51.040> be<00:02:51.160> spread<00:02:51.480> across<00:02:51.880> more pool
  • of money can be spread across more pool of money can be spread across more projects,<00:02:53.080>
  • It increases compliance risk.
Summary: The committee first adopted the April 14, 2026 minutes as amended, correcting a misspelling in the reference to Chair Davids. It then heard House File 4234, a tax-exempt bonding/affordable housing bill from Representative Rey Rower, and adopted a technical A1 amendment before laying the bill over for possible inclusion in the 2026 tax bill. The bill would conform Minnesota law to recent federal changes to low-income housing tax credit rules by lowering the amount of tax-exempt bonds needed for projects to qualify, with the stated goal of spreading bond allocations across more projects and increasing affordable housing production without additional state funds. Testimony in support came from the bill author, the Greater Minnesota Housing Fund, and Mary Tingerthal, who said the change would increase efficiency in the use of federal bond authority and could raise the number of funded housing projects from about 16 to 25 per year, bringing in roughly $120 million more annually for housing. Members discussed where the benefits would be felt statewide, including greater Minnesota and larger metro areas, and the author said the bill would help address shortages in affordable and senior housing. The committee took no final vote on the bill, instead laying it over. The committee next heard House File 3697 from Vice Chair Norris, which would change Minnesota’s tax refund claim timelines to better align with federal law and most other states. The author and a tax attorney testifier said the bill would reduce confusion and help taxpayers, especially vulnerable individuals who may overpay or be overassessed and then miss the current deadline to seek refunds. The Department of Revenue said it had no concerns with the language and did not oppose the bill, and the committee laid the bill over for possible inclusion in the 2026 tax bill. Finally, the committee began hearing House File 4738 from Representative Keeler, a Safe Harbor funding proposal for victims of sex trafficking and sexually exploited youth. The author described Safe Harbor as a statewide program serving youth across Minnesota and said the committee should consider creative funding options, but Chair Davids stated the proposed funding source would not work because it would take money from women’s sports scholarships. Testifiers from Lake House in Duluth and a former Safe Harbor youth described the program’s impact on homeless and trafficked youth, including shelter, mental health services, education, and transition to adulthood. The hearing continued with testimony, but no action was taken in the portion provided.
MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 3/27/25

Higher Education Finance and Policy

Transcript Highlights:
  • Just last Friday, we successfully matched another talented class of incoming interns selected from a pool
  • class of incoming interns selected from class of incoming interns selected from a<00:43:55.000> pool
  • 43:56.720> app<00:43:57.280> ANS<00:43:57.839> the<00:43:58.000> high a pool
  • of over 1,200 app ANS the high a pool of over 1,200 app ANS the high volume<00:43:58.559> and
  • risk mitigation and oversight<01:27:57.360> of<01:27:57.600> not<01:27:57.840> only
Keywords: 1183, house
FL

Florida 2025 Regular Session

December 10, 2025 - 03:30 PM

Transcript Highlights:
  • and we're going to talk about the risks, there's so many benefits to using AI systems that are built
  • There is a risk.
  • But then there are the risk side.
  • What are the risks?
  • Yeah, we have risk obviously would you know, we would see a lot of great aspect.
TX

Texas 89th Regular

State Affairs Apr 28th, 2025

State Affairs

Transcript Highlights:
  • Committee on Foreign Investment, empowering the state to review proposed transactions to mitigate risk
  • warning mechanism that flags potential problems, encourages mitigation, and thereby minimizes the risk
  • General will receive notification from the Texas Committee on Foreign Investment of certain higher-risk
  • the future to come, would have some protection against foreign investment that might provide more risk
  • . risk for our Texas industries.
CA

California 2025-2026 Regular Session

Assembly Public Safety Committee Mar 25th, 2025

Transcript Highlights:
  • I'm the parent of two young people in their 20s, subject to married risks.
  • And as was stated earlier, are there a health risk associated with this?
  • People with disabilities, especially mental health disabilities, are particularly at risk.
  • And I'm very sympathetic to those who are taking the risk of having a business.
  • And I'm very sympathetic to those who are taking the risk of having a business.
Summary: The committee heard several public safety and criminal justice bills. AB 837 by Assemblymember Davies would add ketamine transportation to existing drug trafficking law; supporters, including district attorneys and peace officer groups, said it would address a growing and dangerous drug trend, while opponents argued increased penalties do not reduce drug supply and can worsen health harms. The bill was approved on a due-pass-as-amended vote and sent to Appropriations. AB 352 by Assemblymember Pacheco would make threats against judges and court commissioners an aggravating factor in sentencing; judicial and law enforcement groups supported it as a response to rising threats, while ACLU and criminal justice advocates said existing law already covers threats and the bill is unnecessary. It also passed to Appropriations. The committee then took up AB 938 by Assemblymember Bonta, which expands vacatur and affirmative-defense relief for survivors of human trafficking, intimate partner violence, and sexual violence, including for some violent offenses. Survivors and advocates testified that the bill would allow people coerced into crimes to tell their full stories and seek relief, while district attorneys and sheriffs warned it could sweep too broadly and affect public safety. The chair and several members strongly supported the measure, and it passed as amended to Appropriations. AB 475 by Assemblymember Wilson would make prison work assignments voluntary and is tied to a broader effort to remove involuntary servitude language from the state constitution; supporters framed it as a rehabilitation and dignity issue, while one member objected to the premise and cited the defeat of a related ballot measure. The bill was voted out to Appropriations but left on call pending additional votes. Assemblymember Lowenthal presented AB 704, which would allow people convicted of low-level offenses before age 26 to petition to seal and destroy records after a waiting period. Supporters said the bill addresses the limits of expungement in the digital age and recognizes young adult brain development; prosecutors and police groups raised Brady/disclosure concerns and objected to treating 18- to 25-year-olds like children. The committee debated those issues at length before sending the bill to Appropriations. Lowenthal also presented AB 812, which would expand resentencing opportunities for incarcerated firefighters who serve on conservation fire crews; supporters emphasized rehabilitation, wildfire response, and reduced recidivism, and the hearing continued with support testimony and the start of opposition testimony as the transcript ended.