Video & Transcript Research : 'pooled finance'
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AZ
Arizona 2026 Regular Session
03/18/2026 - Senate Regulatory Affairs and Government Efficiency
Regulatory Affairs and Government Efficiency
Transcript Highlights:
- Our finance folks were able to develop a fiscal estimate for the addition of these services.
- Our finance folks were able to develop a fiscal estimate for the addition of these services.
- regarding the prevention of water pollution and deleterious conditions in public or semi-public swimming pools
Keywords:
AHCCCS, lactation care, breastfeeding, health services, healthcare access, HB2324, fire code, fire marshal, state fire marshal, municipalities, cities and towns, county-owned buildings, county buildings, intergovernmental agreement, IGA, fire inspection, occupancy certificate, building inventory, local government, county government
WA
Washington 2025-2026 Regular Session
Committee to Hear SAO Performance Audits Jun 3rd, 2026
Transcript Highlights:
- And that is $16 million over four fiscal years, and that money is in the state IT pool.
- And again, as T.J. said, we appreciate the legislature investing in the IT pool and allowing us to We
- And so the IT pool is allocated to WOTEC for a number of different projects.
- So it would not be—when you say how much is appropriated, you appropriate in the IT pool.
- Yeah, as Sean stated, it's part of what's in the IT pool.
Summary:
The Joint Legislative Audit and Review Committee subcommittee heard a State Auditor’s Office performance audit on the accuracy and reliability of OSPI’s school apportionment system. Auditors said the system, which calculates and distributes K-12 funding using multiple feeder systems and a core apportionment engine, is outdated, unstable, inefficient, and at high risk of failure. They reported weak controls over data input, documentation, oversight, and staffing, and said OSPI relies heavily on manual workarounds, a few knowledgeable staff, and vendor support. In limited testing of three districts, the auditors found the system calculated funding correctly for the 2023-24 school year, but they identified nine small input discrepancies tied to differences between budget materials and state law, which they said could compound into larger dollar amounts. The auditors recommended replacing or modernizing the system and noted that delays in doing so prolong risk.
OSPI largely agreed that the current platform needs replacement and said it has been working toward a new system for years. Agency officials clarified that the Legislature requested a feasibility study in 2022, that the study found the system at risk of catastrophic failure, and that funding for a replacement is now in the state IT pool subject to OCIO/OFM gate reviews. OSPI disputed the audit’s characterization of the rounding and budget-law discrepancies, saying the issue was an agency rule and implementation choice, not an error that caused under- or over-allocation. Officials also said the current system is too old to easily absorb future formula changes, but that the planned replacement should be flexible enough to handle a new funding model if the Legislature adopts one.
Committee members asked about the amount and timing of the $16 million project funding, whether smaller districts face greater risk, how many times data is entered, and whether the funding formula should be simplified. Auditors and OSPI both emphasized that formula simplification is a policy question for the Legislature, not the audit. Public testimony came from one online witness, who urged full implementation of the audit recommendations and modernization of the system. The subcommittee took no formal vote and adjourned after the presentations and testimony.
NM
New Mexico 2025 Regular Session
House - Health and Human Services Oct 1st, 2025
House Health & Human Services
Transcript Highlights:
- we eliminated lines 11 through 14, the health care authority still has the ability to expand that pool
- Line 22 gives the health care authority the ability to expand the pool.
- 11 through 14, why do we need to give the health care authority additional authority to expand the pool
- And I think that goes to my colleague's point here about the insurance pool as a whole.
- , hopefully this would mean that the pool itself would be even better.
LA
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 14th, 2026 at 08:34 am
House Appropriations & Finance
Transcript Highlights:
- Are these two different pools of money?
- Are these two different pools of money for two separate interventions, or is everybody supposed to be
- With the Legislative Finance Committee.
- In HR 1 to how hospitals are financed. And so that will affect New Mexico directly as well.
- So this is the Legislative Finance Committee hearing on... that's part of the LFC, not HAFC.
HI
Hawaii 2025 Regular Session
CPC/CPN Joint Info Briefing - Wed Dec 17, 2025 @ 9:30 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- . >> And another reason to make sure you're well financed. >> Yeah. Exactly.
- The HHRF has a very aggressive set of recapitalization mechanisms compared to other state pools.
- , put a captive on that pooling.
- And then could that captive or could the HHRF provide a policy to that pooled set of risk? >> Yes.
- they come together they do a pooling they come together they do a pooling arrangement<02:08:25.840
Summary:
The joint committees held an informational briefing on efforts to expand insurance capacity in Hawaii’s property market, especially for condominium and homeowners coverage. The Insurance Commissioner reviewed the background: a legislative task force, the governor’s emergency proclamation in August 2024, and Senate Bill 1044 in May 2025 led to new condo insurance products. He said the work over the past two and a half years was producing positive results and introduced representatives from HPIA and HHRF/HHR to provide updates.
HPIA’s board chair and its administrator described the organization’s history, structure, and current products. HPIA said it was created in 1991 as a residual market for homeowners insurance, now writing four residential products: HO2 homeowners, renters, HO6 condo unit owners, and dwelling fire. They reported policy counts have grown again as admitted-market carriers tightened underwriting, and they discussed financial pressure from reinsurance costs, though those costs had declined in 2025 after different purchasing decisions. They also said the market has become more favorable overall, with some capacity returning and deductibles beginning to ease.
Members focused much of their questioning on HPIA’s proposed higher dwelling limits. HPIA explained that the current $450,000 limit for homeowners and dwelling fire was set in 2023, but agents are now asking for a higher limit in the $650,000 to $750,000 range because construction costs have risen and many policies are not being submitted when the limit is too low. HPIA said it has the authority to raise the limit through a filing with the Insurance Division and expects more submissions if the cap increases. They also discussed the shift in the book of business from roughly 70% lava-zone coverage to closer to a 50/50 split between lava and non-lava risks.
HPIA outlined strategic initiatives: a new policy administration system that went live October 1 and now allows online payments, online claims reporting, and electronic notices; a filed request to raise the homeowners and dwelling fire limit to $650,000 effective March 1 for new business and April 1 for renewals; an increase in the HO6 condo unit owners limit from $5,000 to $100,000; and a planned commercial property all-other-perils-excluding-hurricane condo product targeted for filing by January 31. No votes were taken, and the meeting was informational only.
NH
Transcript Highlights:
- passage of which amendment the Senate asks concurrence of the House: House Bill 1491, relative to pooled
- <00:45:42.680>
More <00:45:42.920>wounds insurance risk pools. - More wounds insurance risk pools.
- Local districts should not be forced to finance placements they did not initiate, approve, or control
- placements they did not finance placements they did not initiate,<01:04:53.120>
approve, <01:04
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of Michael Faulkender, of Maryland, to be Deputy Secretary of the Treasury. Mar 6th, 2025 at 09:00 am
Finance Committee
Transcript Highlights:
- Economic policy and financial markets, managing the U.S. government's finances and debt, the Social Security
- The Finance Committee has an arduous nomination process, and once the nominee completes all the steps
- No typical nomination hearing for the Finance Committee. It is our understanding that Mr.
- And when I say privacy, I mean the security of your family and your finances.
- Finance Committee stands adjourned.
Keywords:
nomination, Deputy Secretary of Treasury, economic policy, inflation, tariffs, tribal nations, government relations
Summary:
The meeting convened to consider the nomination of Mike Falkender for the position of Deputy Secretary of the Treasury. During the session, multiple members voiced concerns regarding current economic policies under the Trump administration, particularly around inflation, tariffs, and the impact on small businesses. Discussions frequently centered on the administration's approach to tariffs and taxation, and how these factors contribute to the rising cost of living and potential job losses. Additionally, the importance of bolstering government-to-government relationships with tribal nations was emphasized, highlighting the need for specialized offices focused on tribal affairs within the Treasury Department.
TX
Transcript Highlights:
- Chair: Senate Finance Committee will please come to order.
- Emily Anderson, deputy executive director of support operations in finance.
- So I just want to be able to have those types of discussions in finance.
- Angel Carroll: Good morning, Chair Huffman and members of the Finance Committee.
- Angel Carroll: Good morning, Chair Huffman and members of the Finance Committee.
Bills:
SB 1
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 2/13/25 - Part 1
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Good morning, everybody, and welcome to the Workforce, Labor, and Economic Development Finance and Policy
- In fact, most have no idea that the program is even financed through their own earnings.
- In fact, most have no idea that the program is even financed through their own earnings.
- We're constrained as a city employer because our pool is small.
- They have a bigger pool.
WY
Wyoming 2026 Regular Session
Joint Transportation, Highways & Military Affairs Committee, May 4, 2026 - AM
Transportation, Highways & Military Affairs
Transcript Highlights:
- into account cuz we're talking in a pool into account cuz we're talking in a pool state<02:30:26.800
- and immediately move it to the pool and immediately move it to the pool account. account. account
- and back into the state agency pool.
- > agency<02:41:54.600>
pool. - into the state agency pool. into the state agency pool.
WA
Washington 2025-2026 Regular Session
Committee to Hear SAO Performance Audits Jun 3rd, 2026 at 01:00 pm
Transcript Highlights:
- And that is $16 million over four fiscal years, and that money is in the state IT pool.
- And so the IT pool is allocated to WOTEC for a number of different projects.
- We've been told we have up to $16 million allocated within that IT pool.
- So it would not be—when you say how much is appropriated, you appropriate in the IT pool.
- Yeah, as Sean stated, it's part of what's in the IT pool.
Summary:
The committee heard a State Auditor’s Office performance audit on OSPI’s school apportionment system, which distributes K-12 funding to districts. Auditors said the system and its underlying 2008-era infrastructure are outdated, unstable, inefficient, and at high risk of errors or failure. They also found weak controls over data input, documentation, oversight, and monitoring, with heavy reliance on a small number of staff and vendor knowledge. In limited testing of three districts, the system calculated 2023–24 funding correctly, but auditors identified small discrepancies between state budget inputs and underlying statutory language and said broader system risks remain unresolved.
JLARC members asked about the scope of the district testing, whether smaller districts face greater risk, the meaning of the funding discrepancies, and whether the system could support a future change to a simpler per-student funding formula. Auditors said the discrepancies were small but could compound into millions statewide, and that the audit did not evaluate broader policy questions or alternative system owners. They recommended OSPI modernize or replace the system and address current control weaknesses while the new platform is developed.
OSPI officials largely agreed that the current platform needs replacement and said a feasibility study completed in 2024 found the system at catastrophic risk of failure. They clarified that the Legislature had approved up to $16 million in the state IT pool for the project, but that funding is released through gated oversight and not all of it had yet been appropriated for the current biennium. OSPI disputed the auditor’s characterization of some rounding and budget-law issues, saying the calculations were consistent with agency rules and legislative inputs, and explained that some manual workarounds are used to handle newer statutory requirements. One member of the public testified in support of modernizing the system and strengthening controls. The committee then adjourned.
KY
Kentucky 2025 Regular Session
Commission on Race & Access to Opportunity (6-24-25)
Transcript Highlights:
- They<00:14:27.760>
get <00:14:28.160>one <00:14:28.399>credit <00:14:28.720>pool - 00:14:30.079>
present <00:14:30.560>once <00:14:30.959>in They get one credit pool - present once in They get one credit pool present once in front<00:14:31.360>
of <00:14:31.519> - We only need one person to financing. We only need one person to say<00:30:33.600>
yes. - may not be within their their finances. may not be within their their finances.
Summary:
The committee heard testimony focused on barriers facing minority-owned businesses and on local programs intended to improve access to capital and contracting opportunities. A representative from the U.S. Black Chambers described disparities in minority spending, argued for more intentional and transparent investment in Black communities, and emphasized the need to disaggregate data, hold officials accountable, and expand tools such as the byBlack certification directory. He also stressed that businesses need technical assistance, resources, and opportunities to grow through mergers, consortiums, and joint ventures.
The main presentation then came from Larry Forester and Tyrone of Commerce Lexington, who outlined what they called eight major barriers for minority businesses, including limited access to capital, weak mentorship networks, discrimination and bias, bureaucratic hurdles, branding and visibility challenges, stereotyping, generational knowledge gaps, and limited financial literacy. They described several Commerce Lexington initiatives: the Access Loan Program, which brings small businesses before a pool of 26 lenders; a Minority Business Accelerator to help firms scale and connect with prime contractors; and an Opportunity Exchange for business owners to share experiences and lessons learned. They said the Access Loan Program has funded nearly $26 million in loans with an average loan size of about $62,000.
Members asked about bias in lending and how to make contracting and certification easier for minority firms. Forester said applications are vetted by a subcommittee before reaching the full lender group, with attention to completeness and readiness, and that only one lender needs to say yes. On contracting, the witnesses said certification can be burdensome and suggested more hands-on help from the state, relationship-building events that include decision-makers, and incentives rather than mandates. They also relayed policy ideas from a business owner, including culturally informed underwriting, public-private matching grants, supplier diversity enforcement, and mentorship tied to capital access. No votes or formal committee actions were taken in the portion provided.
MS
Mississippi 2026 Regular Session
MS Senate Floor - 31 March, 2026; 10:00 AM
Mississippi Senate Floor Meeting
Transcript Highlights:
- All right, we'll move to calendars, Finance Center. Senator Harkins, you recognize? Good.
- We'll go to the finance calendar. Thank you, Mr. President.
- <02:44:36.200>
and they wander and fall into the pool and they wander and fall into the pool - <03:43:39.080>
and managed by the Department of Finance and managed by the Department of Finance - And then the wind pool gets a total of about $12 million a year.
Summary:
The Senate convened with a quorum present, received an invocation from Dr. Reginald Anderson, and recited the pledge of allegiance. The journal and committee reports were dispensed with by voice vote. Early in the meeting, senators also introduced guests, including Dr. Adrian Gilliam Pierre as doctor of the day and several school groups and community visitors in the galleries.
A major portion of the session was devoted to recognizing student athletes and coaches through commendation resolutions. The Senate honored the Northside High School Gators boys basketball team for winning its first Class 2A state championship, the Morton High School Panthers boys basketball team for winning the 2025 Class 4A title, East Rankin Academy teams for multiple championships, Simpson County Academy’s boys cross country team and Lily Overby, Brookhaven Academy’s fast-pitch softball team, and several other schools and programs. The chamber also recognized Mississippi artist Castro Coleman (Mr. Sipp) for his music contributions, and later introduced the Meridian High School Choir, Brookhaven Academy fifth graders, and David Hoke, who has delivered Bibles to all 50 state legislatures.
The Senate then took up nominations and approved three by advise-and-consent: Kent Gerard Nico to the Mississippi Hospital Equipment and Facilities Authority, Marcus Jones Martin to the State Tax Appeals Board, and Keith Allen Williams Jr. to the Mississippi Business Finance Corporation. After that, Senator Kirby moved to suspend the rules and take up a large block of commending resolutions, which the Senate agreed to consider together. The block included numerous resolutions honoring schools, athletes, educators, and community figures, and the Senate agreed to proceed to final passage by roll call with no objection noted.
MN
Minnesota 2025 1st Special Session
Committee on Housing and Homelessness Prevention - 03/20/25
Housing and Homelessness Prevention
Transcript Highlights:
- <00:51:15.280>
or optional amenities such as a pool or optional amenities such as a pool or - It's a real issue for financing.
- They're not financing.
- It's a real issue for financing. rents. It's a real issue for financing.
- prohibit directly related to financing. prohibit directly related to financing.
FL
Florida 2025 Regular Session
October 14, 2025 - 03:30 PM
Transcript Highlights:
- Bakofsky: I THINK THE RATES ARE OUR MILD PROJECTION OF WHAT WILL HAPPEN WITH THE RISK POOL.
- UNFORTUNATELY WHAT YOU'RE SEEING ARE CHANGES IN THIS MARKET CREATING A LOWER AND MORE ACUTE RISK POOL
- YOU SPOKE THAT THE POOL IS GOING TO BE A RISKY POOL IN THE NEXT YEAR.
- MORE LIKELY TO FIND A WAY TO PAY TO THE MORBIDITY OF THE RISK POOL GETS WORSE SO IT'S CONSIDERED TO
- MAKE SURE THEY ARE WELL-POSITIONED TO WITHSTAND ANY HEADWINDS BECAUSE THE RISK POOL IS CHANGING.
WY
Wyoming 2026 Regular Session
Select Committee on Gaming, May 14, 2026 - PM
Select Committee on Gaming
Transcript Highlights:
- <01:32:04.560>
and <01:32:05.360>the <01:32:05.480>pooled that the pooled and - the pooled that the pooled and the pooled uh, uh, uh, the<01:32:07.880>
pooled <01:32:08.200>< - I'm not saying or not indicating that we could make a rule to pool that money.
- And then is that a pool of money that is sitting, or is that the end of the pool of the 300,000 for,
- What do you have an opinion about What do you have an opinion about a<01:42:35.520>
pooled a pooled
NH
New Hampshire 2025 Regular Session
House Finance Division I (02/21/2025)
Transcript Highlights:
- pool so New Hampshire<01:21:55.560>
um <01:21:56.440>is <01:21:56.639>the <01:21 - <01:22:09.239>
of by by its nature is a very risky pool of by by its nature is a very risky - pool of individuals<01:22:10.000>
for <01:22:10.199>an <01:22:10.320>insurance < - that that we manage so we're only pool that that we manage so we're only allowed<01:23:19.920>
to - the individual pool so they have<01:25:21.400>
to <01:25:21.960>provide <01:25:22.320><
Summary:
The committee heard testimony from Insurance Commissioner DJ Bettencourt on the New Hampshire Insurance Department budget. He said the department is self-funded through assessments on insurers based on New Hampshire premium volume, with about $8 billion in premiums written in the state and a department budget of roughly $15.5 million. He explained that the department has 88 authorized positions, eight vacancies, and that three full-time positions were unfunded after the governor’s requested 4% reduction exercise. He also said the department is trying to balance staffing needs with not overburdening carriers during a hard insurance market.
A major topic was the department’s $2.6 million rebate to industry from the prior fiscal year, which Bettencourt described as a credit against the next assessment rather than a direct cash payment. Members questioned why that credit was not reflected as a reduction in the upcoming budget, and Bettencourt and staff explained that the budget assumes full staffing and full spending, with any year-end surplus returned to insurers. The commissioner said the department had added staff in recent years for succession planning and to preserve institutional expertise, and that the rebate reflects careful budgeting rather than excess spending.
Members also asked about staffing changes by division, including positions unfunded in fraud, property and casualty examinations, life and health examinations, and tax. Bettencourt said fraud investigations remain strong and that the department can use outside contractors for examinations, with those costs billed to the company being examined. He also described the department’s examination process, including periodic financial exams and targeted market conduct reviews triggered by consumer complaints or trends. Additional questions covered OIT transfers, the department’s oversight of fully insured health coverage, the insurance premium tax and fines going to the general fund, and the department’s limited role in auto repair reimbursement disputes, where he said complaints have recently declined.
MN
Minnesota 2025-2026 Regular Session
Committee on Commerce and Consumer Protection - 04/28/26
Commerce and Consumer Protection
Transcript Highlights:
- a larger pool. That is true. a larger pool. That is true.
- disadvantage to go into this pool. disadvantage to go into this pool.
- I think we have to be careful about insurance pools.
- They are careful about insurance pools.
- pool is going to solve all the problems. pool is going to solve all the problems.
NH
New Hampshire 2026 Regular Session
Senate Health and Human Services (01/21/2026)
Health and Human Services
Transcript Highlights:
- When I retire in a few years, I hope to be at a pool on days like today.
- like today. hope to be at a pool on days like today.
- They don't include the risk pools.
- But the risk pool should have to cover this.
- But the risk pool should have to cover this.