Transcript Highlights:

• they get the dog, an equipment fee.
• they get the dog, an equipment fee.
• > a<00:10:28.400> equipment<00:10:28.920> fee.
• the dog, a equipment fee. the dog, a equipment fee.
• . structure. structure.

Keywords: 1187, senate, all

Transcript Highlights:

• If you don't do graphics, you don't pay graphic fees.
• <01:49:08.159> um working on some investment fee um working on some investment fee um transparency
• single fee program.
• All other of our fee programs are $77 million, and that's approximately 40 different fee programs, and
• It's primarily funded with fee programs.

Keywords: 928, house, all

Summary: The Department of Administrative Services presented an overview of its budget and operations, emphasizing that it is the lowest-spending agency in state government and that its general fund allocation has declined since 2019. Commissioner Arling House explained that DAS also handles back-office functions for several administratively attached boards, which has affected staffing and spending comparisons. He said the department’s current general fund spending is roughly split between retiree health and other operations, and that the presentation was based on adjusted authorized spending rather than the original budget figures. A major portion of the meeting focused on retiree health benefits and the long-term effort to control costs. Deputy Commissioner Cassie Keane described how the state moved from a projected deficit in retiree health to savings through a series of changes, including higher premium contributions, co-pay adjustments, and shifting Medicare retirees into Medicare Advantage arrangements to capture federal reimbursement. She said the state has about 12,500 retirees and spouses on the plan, with roughly 10,906 Medicare retirees and 1,580 non-Medicare retirees, and that the savings have depended heavily on federal funding and procurement decisions. She also noted that Medicare retirees pay Part B premiums and that the state has grandfathered older retirees from some premium contributions. Members asked about what the expenditures cover, why the state offers retiree health instead of simply giving retirees a payment to buy coverage themselves, and whether out-of-pocket costs changed under Medicare Advantage. Keane said the plan covers actual health claims or insurance premiums, that co-pays and maximum out-of-pocket limits remain in place, and that the state has no authority to change benefit details without legislative action. She explained that retiree health is a long-standing employee benefit that wraps around Medicare and is not collectively bargained in the usual sense, though its eligibility rules and cost-sharing have been tightened over time to better target the benefit to long-term state service. The discussion also covered vendor performance problems. Keane said Anthem recently won the contract back from Aetna, but its pharmacy subsidiary, Caroline, caused serious service disruptions. DAS responded by withholding payments, assessing more than $2 million in performance guarantees, and hiring a third-party auditor to review the pharmacy processes. The current contract runs through the end of calendar year 2026, and officials said they are watching federal Medicare Advantage reimbursement changes closely because future savings are uncertain.

Transcript Highlights:

• is a fee.
• need an expanded fee. need an expanded fee.
• fee has a purpose. fee has a purpose.
• <02:27:51.439> in<02:27:51.680> order fee, now you're renaming fees in order fee, now
• The Senate structure<04:23:24.319> changed. structure changed. structure changed.

Keywords: 981, all

Summary: The House opened with the pledge, roll call, and approval of the journal. Members then spent much of the morning on announcements recognizing visiting groups, including the Denver Zoo Conservation Alliance, Catholic Lobby Day participants, Vertical Skills Academy students, the Colorado Optometric Association, the Junior League of Denver, Jack and Jill of America, and advocates for HIV/AIDS harm reduction. Representative Gilchrist also highlighted HIV/AIDS and overdose statistics and urged members to meet with advocates. Representative Velasco announced an absence for Monday and Tuesday. The chamber adopted House Resolution 1002, honoring District Wildlife Manager Bob Holder for 50 years of service to Colorado wildlife. Supporters described his long career, conservation work, bear education efforts, landowner relationships, and awards, and members gave him a standing recognition. The resolution passed 62-0 with 3 excused. The House then received committee reports and moved to third reading on several bills. House Bill 1081, concerning electric transmission system optimization, passed 42-20 with 3 excused. House Bill 1228, increasing access to marriage and family therapist licensure, passed 62-0 with 3 excused. House Bill 1120, implementing mobile home taxation task force recommendations and extending redemption protections for mobile home owners, passed 40-2 with 3 excused after debate over its tax policy effects and fairness to seniors and disabled veterans. House Bill 1084, expanding voter transparency requirements for initiated statewide ballot measures, was debated at length with opponents arguing it would burden citizen initiatives and implicate First Amendment rights; the transcript cuts off before a final vote on that bill.

Transcript Highlights:

• relatively um uh not big structural relatively um uh not big structural changes<00:20:18.559>
• Um, it does increase the witness fees allowable.
• Um, it does increase the witness fees allowable.
• Um, it does increase the witness fees allowable.
• Is it a structure set up that way?

Keywords: 912, senate, all

Summary: The Senate Committee on Public Safety and Military Affairs held an informational briefing on violent crime clearance rates and what resources law enforcement and prosecutors need to improve them. Chair and members noted there would be no public testimony. The briefing was led by Marshall Clement of the Council of State Governments’ Justice Center, with later participation expected from state and county law enforcement and prosecutorial agencies. Clement argued that solving violent crime is a systemwide issue, not just a local police function, and said clearance rates have declined nationally over decades for homicide, rape, aggravated assault, and robbery. He said Hawaii’s reported data, limited to Oʻahu and Kauaʻi, shows overall violent crime rates are lower than the national average and have been relatively flat with a pandemic-era spike followed by declines in 2023 and 2024. He reported that Hawaii’s overall violent crime solve rate fell from about 52% in 2014 to about 40% in 2024, with 2024 rates of 50% for homicides, 48% for aggravated assaults, and 26% each for rapes and robberies. He also estimated unsolved cases over the past three years at about 17 homicides, 3,300 aggravated assaults, 1,200 rapes, and 1,700 robberies. Members asked about victim and witness support, staffing shortages, the Denver example, whether clearance rates include cases not prosecuted, and whether HPD’s size or structure might affect solve rates. Clement said support can include victim-witness programs and coordinators that help maintain cooperation and trust, especially where clearance rates are low. He said resources, training, technology, and detective caseloads matter, citing Boston, Denver, and Omaha as cities that improved solve rates through relatively low-cost operational changes; he highlighted Denver’s increase in non-fatal shooting clearance from 39% to 65% in seven months after dedicating more resources. He said he had no research showing that breaking up a large department would improve solve rates, and noted that clearance data can include exceptional clearances such as victim noncooperation, prosecutorial declination, or a suspect’s death. No votes or formal actions were taken during the informational briefing.

Transcript Highlights:

• Would they also see a reduction in their baseline fee here?
• How does ORES use its $1,000 per megawatt application fee it receives for every application?
• And that is how I started to learn about the actual regulatory structure of ORES was created in a way
• ... ...actual regulatory structure of ORES was created in a way that it operates independent of every
• So it exists within the regular structure. It's not even an authority. It's actually an agency.

Keywords: 993, senate, all

Summary: The Senate Energy and Telecommunications Committee, chaired by Senator Kevin Parker, considered several Public Service Law bills and advanced each one to the Rules Committee after brief discussion and recorded no votes or without-recommendation votes on some measures. The bills included proposals to prohibit utilities from using ratepayer funds for certain activities (1012A), establish minimum standards for payment plans for eligible customers (1327), adjust residential fixed charges (1329), require the Public Service Commission to consider economic impacts when setting rates (1847), require utilities to adopt PSC-authorized equity ratios and returns on equity (1896), create the Rate-Hike Notice Act (5553C), suspend certain utility rate changes while allowing retroactive revenue recovery (5593), allow consideration of non-economic losses in penalty determinations (7165A), change the composition of the Public Service Commission (7328A), and let utilities retain revenues above authorized returns on equity (7693). Members asked questions about who would be affected by the bills, including whether fixed-charge reductions would apply to vacant units or vacation homes and whether economic-impact considerations could affect customers differently depending on where they live; the chair and sponsors generally explained the measures as territory-wide or applicable to all residential customers, with no occupancy or income-based circuit breaker in the text. The committee then heard testimony from Alexandra Fasulo, introduced as an entrepreneur and farmer in Schuylerville, about her concerns regarding the Office of Renewable Energy Siting (ORES) and utility-scale solar development on farmland and grasslands. She argued that solar developers were pressuring landowners, including older and lower-income property owners, into long-term leases, that ORES approves most projects despite local opposition, and that the process lacks transparency, with redacted documents and limited public access to information. She also criticized the siting of solar projects on productive farmland and said decommissioning rules could leave equipment buried in the soil. Committee members responded that the Legislature has already taken steps to protect high-quality soils, that ORES was created by statute and operates within the Public Service Department, and that DEC and ORES are supposed to work together rather than ORES superseding DEC. Several senators said they were sympathetic to concerns about farmland and community engagement, but also emphasized the need to expand renewable energy and balance that with land preservation. Members suggested that specific complaints about ORES transparency or solar siting could be addressed through future legislation or by inviting ORES and PSC officials back for further discussion.

Transcript Highlights:

• And naturally changing coastlines and bridge causeway structures are frequently used to enhance the safe
• Bridge causeway structures are frequently used to enhance the safe anchoring of cruising vessels 10 to
• Our organizations have legislative affairs structures in place within them to work with other political
• The balance of the fees... of the funds from the sale of the plate for administrative and marketing costs
• The balance of the fees shall be used by Miami-Dade College Foundation to fund student scholarships,

Summary: The Transportation Committee took up several bills and agency priorities. SB 44, as amended, increased penalties for operating a vehicle with unauthorized red or blue lights and for obscuring a license plate, including new penalties for using, possessing, manufacturing, or selling license-plate obscuring devices. The sponsor and supporting law enforcement witnesses said the bill addresses widespread plate obstruction and enforcement problems; the committee adopted the amendment and reported the bill favorably. The committee also passed SB 654, designating a railroad overpass in Starke as the Heroes Memorial Overpass, and SB 620, creating a Miami-Dade College specialty license plate with proceeds supporting scholarships and limited administrative/marketing costs. The committee then considered SB 594, which would allow Florida deep-water ports to seek Fish and Wildlife Commission approval for no-anchoring/no-mooring buffer zones adjacent to port channels and turning basins. An amendment clarified the application process, review timeline, rulemaking, and enforcement. Port representatives supported the bill as a way to protect channels and commerce, while several boating and cruising advocates opposed it, arguing the 5,000-foot buffer was excessive, could create safety issues, and would displace anchored vessels without adequate alternative dockage. Despite the opposition, the committee adopted the amendment and reported the bill favorably. The committee also heard a presentation from the Department of Highway Safety and Motor Vehicles on its 2025 legislative priorities, including stricter proof-of-address and identification requirements for vehicle registration, changes to tank vehicle and IFTA rules, a higher crash-report damage threshold, and electronic notice options. Secretary Perdue then outlined FDOT priorities focused on workforce development, research, rural road funding, small business participation, consistent traffic-control standards, modal infrastructure, transit accountability, spaceport support, advanced air mobility, and shifting some power-consumption revenues to the Transportation Trust Fund to offset electric vehicle impacts. No votes were taken on the agency priorities, and the meeting adjourned after members recorded additional affirmative votes on SB 44 and SB 654.

Transcript Highlights:

• This has been clarified to the original intent of the retail delivery fee.
• And let me be specific on this $75 annual registration fee.
• So, user fees do not fully cover the costs of our roads.
• I'm going to say that again: user fees do not fully cover the cost of our roads.
• And user fees, sure, they don't cover the entire cost of our road network.

Transcript Highlights:

• Again, it's illegal to charge a fee on an initial claim.
• licensing fees.
• So while we could benefit from greater support for enforcement, it would come from increased fees to
• And so in looking at the licensed market that. increased fees to licensees.
• On the headwind side, I think the big issues are higher taxes and fees.

Summary: The Assembly Budget Subcommittee 5 on State Administration held an informational hearing on budget issues for the Department of Veterans Affairs, the Department of Cannabis Control, the Department of Consumer Affairs, the Commission on the Status of Women and Girls, and the California Arts Council. The chair noted there would be no votes. CalVet gave an overview of its programs serving veterans and families, including transition assistance, county veterans service officers, education approvals, housing and homelessness programs, home loans, long-term care homes, and state veterans cemeteries. Members asked about future long-term care needs for aging veterans, staffing and recruitment challenges at veterans homes, and the Yountville steam infrastructure replacement project, for which CalVet sought a $38.8 million reappropriation and said federal reimbursement was expected. CalVet also discussed the role of county veterans service officers in helping veterans file claims and avoid predatory unaccredited representatives. The Department of Cannabis Control described its regulatory role from seed to sale and requested one position to implement SB 1064’s combined activities license. Members and public witnesses focused heavily on the illicit cannabis market, enforcement staffing, and the impact of taxes and fees on the legal market. DCC said it had roughly 87 enforcement positions with about a 15% vacancy rate and more than 200 compliance staff. Its economist presented the 2024 cannabis market report, which found licensed production and retail quantity were up, but retail value and prices were down, with an estimated 11.4 million pounds of illicit production and about 60% of California consumption still coming from the illicit market. Industry witnesses argued the legal market is in crisis, urged repeal of the scheduled excise tax increase, stronger enforcement against illicit cannabis and hemp-derived intoxicants, and expanded retail access. The Department of Consumer Affairs briefly presented nine budget proposals, including a $2.6 million ongoing request to maintain a business modernization system for several boards and bureaus. The Commission on the Status of Women and Girls described its work on economic and educational equity, health care, violence prevention, student rights, and archival and outreach projects, and said its budget request would convert limited-term positions to permanent. A member urged the commission to narrow its priorities toward current issues such as affordability, child care, and women’s health. The California Arts Council outlined its role as the state’s only statewide arts funder and requested restoration of $5 million in local assistance; supporters testified that the funding would leverage additional local investment and help sustain arts access, especially in rural communities. The hearing ended after the non-presentation items were noted and no further public comment was offered.

Transcript Highlights:

• And we'll sort of hit those in the structure that we have in our agency.
• And we'll sort of hit those in the structure that we have in our agency.
• And we'll sort of hit those in the structure that we have in our agency.
• structure that really is quote the best. structure that really is quote the best.
• accomplish based on their structure. accomplish based on their structure.

Keywords: 958, all

Summary: The Budget Review Subcommittee on Education met for an overview of the Council on Postsecondary Education (CPE). After approving the prior meeting minutes, staff from CPE explained that the council was reconstituted in 1997 and serves as Kentucky’s statewide coordinating body for higher education, with responsibilities including advising the General Assembly and governor, coordinating the postsecondary system, supporting budget and performance funding work, and using data to track outcomes. They described Kentucky’s governance structure, including the KCTCS governing board, independent boards at public universities, and CPE’s role in licensing private institutions and overseeing transfer, closed-school records, and tuition approval. CPE staff emphasized statewide strategic planning and the “60 by 30” goal of having 60% of working-age Kentuckians hold a meaningful credential by 2030. They said the agency uses dashboards, KPIs, and peer comparisons to set targets for institutions and monitor enrollment, retention, and graduation. They also highlighted the Kentucky Graduate Profile, a voluntary effort to embed 10 essential workforce skills into general education and major programs, and noted ongoing work on academic program approval, performance funding, and a biennial budget request. The presentation also focused on student support and workforce alignment initiatives. Staff described the Kentucky Advising Academy, the Commonwealth Education Continuum, and the Kentucky Student Success Collaborative, which work with K-12 partners and campuses to improve advising, transfer, wraparound supports, and career planning. They also discussed GEAR UP, the Futurity career-planning platform, and efforts to connect education pathways to workforce needs, including healthcare, veterans, and other adult learners. CPE reported that student debt at graduation has fallen to $10,168 at public institutions and that six in ten Kentucky undergraduates graduate debt free.

Transcript Highlights:

• Then I know your president is like a specialist in like hurricane structure y'all there are Super smart
• So how these payments were structured and by from what booster? I'm just not advised.
• It's gonna advantage all the other states who have been first movers in this regulatory structure, so
• HB number 290 by Lopez-Auberre relating to assistance for tuition and fees at post-secondary educational
• District number one providing authority to issue bonds, providing authority to impose assessments, fees

Bills: HJR5, HB39, HB 102, HB 126, HB290, HB300, HB1330, HB2110, HB2143, HCR64, HCR101

Keywords: education funding, Texas State Technical College System, constitutional amendment, capital projects, workforce education, military education, early registration, ROTC, corps of cadets, higher education, military academy, student athletes, name image likeness, compensation, intercollegiate athletics, representation, tuition assistance, military, Texas State Guard, education

Transcript Highlights:

• They've had several structures.
• You're not seeing any issues whatsoever with structural integrity?
• For the structural integrity reserve study, it's just for that set of structural integrity items, and
• For the reserve study, it's just for that set of structural integrity items.
• What is that beginning balance of the structural integrity of that reserve fund?

Summary: The committee on Regulated Industries convened with a quorum and began a panel discussion focused on condominium milestone inspections and structural integrity reserve studies (SIRS), with members framing the topic as part of Florida’s post-Surfside condo safety reforms. The chair and panelists reviewed how the state got here, emphasizing that the problems predated Surfside and were driven by long-term deferred maintenance, underfunded reserves, and aging buildings. Panelists included representatives from Florida Realtors, engineering and reserve-study firms, a CPA, a community association attorney, and Broward County’s building safety official, all of whom described their roles in inspections, reserve planning, and code enforcement. Testimony centered on what inspectors are finding in the field. Panelists said the most common problems are not subsidence but wear-and-tear and maintenance failures, especially in stairways, balconies, roofs, parapet walls, waterproofing, and corrosion. They described examples of buildings with hidden deterioration, hurricane-exposed damage, and associations that were underfunded despite prior inspection regimes in Miami-Dade and Broward. Dr. Barbosa explained that Miami-Dade’s recertification program began in the 1970s and Broward’s in 2005, with current timelines generally requiring notice, a first milestone review, and then time to begin substantial repairs; she said the program has improved compliance but that SIRS has added confusion. Members also raised concerns about the cost and implementation of SIRS, including whether reports are being used to generate unnecessary work, whether contractors or firms have conflicts of interest, and whether the law’s use of “fully funded” is being misunderstood. Panelists said the statutory reserve requirement is better understood as baseline funding, not having all money in the bank immediately, and suggested clearer definitions and possibly changing the terminology to “adequately funded.” They also discussed the need to separate required structural items from optional or cosmetic items in reserve reports, improve transparency for buyers and lenders, and ensure associations provide documents through websites and other portals. No votes were taken. The committee used the meeting as an information-gathering session and signaled that more panels and discussion would follow, with members and witnesses agreeing that the state may need further clarification, education, and possible statutory adjustments to reduce confusion while preserving building safety.

Transcript Highlights:

• So, currently New Hampshire does not have a fee schedule.
• I think you're a fee schedule. I think you're referencing<01:01:08.000> Yeah.
• > like fee schedule.
• Fee schedules set like fee schedule.
• I think the system as it's structured.

Keywords: 1189, house, all

Transcript Highlights:

• fees fees those<00:13:29.920> payments<00:13:30.399> exceeded<00:13:31.120> the
• <00:32:30.120> 1515 fee uh P Tabs are calculated at 1. 1515 fee uh P Tabs are calculated at
• Louisiana has a state fee of $75, but it is taxed and supervised at the city or parish level.
• But we paid $57,000 in taxes and in fees.
• 28% while license and Regulatory fees 28% while license and Regulatory fees were were were 1%<00

Keywords: 919, house, all

Summary: The committee took up House File 169, which would change the tax structure for charitable gambling. Representative Robbins offered and the committee adopted the A1 author’s amendment, described as a technical correction to ensure sports-themed tip boards are not inadvertently taxed under the bill. Robbins then presented the bill as a way to replace the current tiered combined net receipts tax on charitable gambling with a flat 5% rate, arguing charities were being overtaxed and that prior promises of relief had not been fully delivered. Chair Stevenson pushed back on several of Robbins’ factual claims, correcting the record on the status of E-pull tabs, the share of charitable gambling revenue they represent, and the amount of tax relief already enacted in 2023 and 2024. He said E-tabs were not eliminated, that the revenue split between paper pull tabs and E-tabs is closer to 45/55, and that charities had already received a $15 million tax cut plus savings from reduced developer fees. Robbins responded that the changes still significantly reduced revenue and that the bill was intended as a middle-ground approach. Testimony largely came from charitable gambling and veterans groups in support of the bill. Rachel Jenner of Allied Charities of Minnesota said nearly 1,000 charities depend on charitable gambling, cited high taxes and fees, and said many organizations were seeing revenue declines after the new E-pull tab rules took effect. Dr. Christy Jano of the American Legion Department of Minnesota said charitable gambling funds support veterans, youth, and community programs, and that a flat 5% tax would help posts continue those efforts. Members asked about the size of the revenue drops and how much gambling proceeds go to overhead and operating costs; Jenner said the losses varied by organization and that it was too early to know the long-term effect, while Jano said some expenses are used for property taxes and building upkeep. The committee then moved on to additional testimony, including Tim Angstrom, but no final vote on the bill was taken in the portion provided.

Transcript Highlights:

• There is a fee increase here. So the plate production fee would go from $4 per plate to $6.
• There is a fee increase here. So the plate production fee would go from $4 per plate to $6.
• There is a fee increase here. So the plate production fee would go from $4 per plate to $6.
• There is a fee department of safety. There is a fee increase<00:44:06.800> here.
• fee would go from $4 per plate to $6. fee would go from $4 per plate to $6.

Keywords: 1191, senate, all

Transcript Highlights:

• Okay, and so then how would that then affect the structure, the tax structure for the counties?
• really salient point, there are so many little discounts and provisions for all types of taxes and fees
• really salient point, there are so many little discounts and provisions for all types of taxes and fees
• What issue are we taking up with those viewpoints that have differed from that agreed-upon structure?
• Okay, it provides a definition of extraordinary circumstances for the purpose of raising impact fees

Summary: The committee took up several claims bills and tax-related measures. It reported favorably SB 20, providing $400,000 in relief to J.N., a minor injured on a Hillsborough County sidewalk, and SB 14, providing $1.7 million to the estate of Pineal Januier after a drowning at a Miami Beach youth center pool. It also approved SB 674, which would let property appraisers, like tax collectors, budget for hiring and retention bonuses with Department of Revenue approval. In each claims bill, the sponsor described the underlying incident, the settlement amount, and the remaining payment sought under sovereign immunity limits; there was no opposition on the claims bills. The bonus bill drew support from property appraisers who said it would help them compete for specialized staff without requiring new appropriations. The committee then considered SJR 1510 and its implementing bill, which would create a new homestead-like property tax benefit for owners who lease a non-homestead property for more than six months as residential rental housing. Supporters said it was intended to encourage more affordable rental housing by extending a $50,000 exemption and Save Our Homes-style assessment cap to qualifying properties. County and city representatives, the Florida League of Cities, and the Florida Association of Counties opposed the proposal, warning of major revenue losses, reduced public safety funding, and tax shifts to other property owners and businesses. Several senators also raised concerns about density, parking, and whether landlords would actually pass savings on to renters. Despite the opposition, both the constitutional amendment and the implementing bill were reported favorably. The committee also approved CS for CS SB 268, as amended to include congressional members, creating a public-records exemption related to certain residential information for elected officials. The First Amendment Foundation opposed it, arguing the bill lacked a sufficient public purpose and could hinder transparency, while senators supporting it cited real threats and harassment against themselves and their families. SB 100, which bans government display of flags representing political viewpoints and allows active or retired military members to use reasonable force to stop desecration of the U.S. flag, also passed after extensive debate. Opponents argued it was vague, unconstitutional, and aimed at pride and other identity-related flags; supporters said government buildings should not display political messages and that the bill protects neutrality. Finally, the committee approved CS/SB 1664, which would require voter reapproval every eight years for local discretionary taxes such as tourist development taxes and local option taxes, with exceptions for pledged bond revenues. Cities, counties, tourism groups, and the restaurant/lodging industry opposed it, saying it would create uncertainty, threaten tourism and infrastructure funding, and complicate long-term planning; Senator Sharief and others said the measure would disrupt existing surtax-backed projects and revenue streams.

Transcript Highlights:

• in terms of thinking about future spending, because we were able to have flexibility in how we structured
• Hope that we structure our recovery efforts, ongoing recovery efforts in long term with that mindset.
• There's a piece of it that's not one time though and that is what's called the school fee schedule and
• It's structured to be a consistent feature in schools and allowing school based mental health services
• And so now you've got the school fee schedule that is really supposed to take care of this.

Keywords: 988, house, all

Transcript Highlights:

• Uh that is a huge cost driver for fees.
• taxes, regulatory fees, and more.
• cooperative notfor-profit structure is cooperative notfor-profit structure is the<01:12:35.679><
• Property taxes, payroll taxes, fees.
• We fund our regulatory fees, and more.

Keywords: Meeting Start 00:00:00 Call to Order and Roll Call 00:00:15 Department of Insurance Update 00:01:39 Department of Financial Institutions Update 00:37:07 Insurance Industry Update 00:54:50 Credit Union Industry Update 01:10:53, 958, all

Summary: The committee met with a quorum, approved the September 16 minutes, and then received an update from Insurance Commissioner Sharon Clark and staff on the Department of Insurance. Clark reviewed department activity, including growth in premium volume and licensing, consumer complaints and recoveries, and a rise in fraud referrals. She said the department has 66 open fraud cases and described common schemes such as staged auto accidents, inflated repair or cleanup charges, and roofing scams. She also said the department’s investigators often prepare strong cases but face reluctance from local prosecutors, especially in Fayette and Jefferson counties, to pursue them. Clark reported favorable workers’ compensation news, saying rates will decrease 9.7% next year for the 20th straight year. She contrasted that with a difficult property insurance market driven by storms, reinsurance costs, inflation, labor shortages, and litigation, but said Kentucky’s market remains relatively stable, citing the Kentucky Fair Plan’s small number of policies. She then warned of significant 2026 health insurance premium increases on the exchange: 16.1% for Molina, 23% for Anthem, and 37% for WCare, after CareSource withdrew. She said the rates were reviewed by actuaries and found fair, but that the biggest pressure point is the scheduled expiration of enhanced premium tax credits, which she said could leave about 90% of exchange enrollees facing a compounded increase. Members questioned Clark about fraud prosecution, the number of people in commercial versus public coverage, and the impact of expiring subsidies. Clark said the prosecution issue is mainly with Commonwealth attorneys and that rural counties are more cooperative than urban ones. She also said the health market is individually rated and that older enrollees would be hit harder, while the loss of tax credits could push some people out of the marketplace. One member asked about the attorney general’s recent opinion on SB 188, the PBM bill; staff said attorneys were still reviewing it. Clark closed by noting that Kentucky’s fraud and towing/storage legislation has become a model for other states.

Transcript Highlights:

• Uh some systems have first<00:17:38.000> responder<00:17:38.559> fees<00:17:38.880>
• that go back to the first responder fees that go back to the fire<00:17:40.480> department<00
• <00:17:52.000> and city for the cost of dispatch fees and city for the cost of dispatch fees
• Uh but dealing with fee existence.
• are under threat already from structural are under threat already from structural problems<01:43

Keywords: 1191, senate, all

Transcript Highlights:

• average cost as an administrative fee average cost as an administrative fee basically<00:31:53.360
• and out of stator pay that you pay a fee and out of stator pay that fee<02:56:08.399> for<02:
• They and they gave me this hefty fee.
• It's a surprise fee, and this this.
• So, there are fees reminded me of it.

Keywords: 1191, senate, all

Transcript Highlights:

• and negotiating these impact fees and negotiating these impact fees outside<00:19:17.360> of<
• We have 20 days to complete that fee.
• So the island and micro grid structure So the island and micro grid structure is<02:29:07.760>
• of general and administrative uh fees of general and administrative uh fees that<02:35:16.880>
• , process, predictable cost structures, process, predictable cost structures, defined<02:46:30.000

Keywords: 916, all