Video & Transcript Research : 'Digital Assets'
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AL
Alabama 2026 1st Special Session
Alabama House County and Municipal Government Committee Mar 18th, 2026
County and Municipal Government
Transcript Highlights:
- But the monthly expenditures, I know it feels like that not everybody's going to have all those digitized
- of how many municipalities, or even counties maybe, ones may not have their information, you know, digital
- It's digital somewhere. Even if everybody can pull it, it's not in the city.
- I'm<00:19:06.720>
not <00:19:06.919>saying <00:19:07.200>publishing know, digital - I'm not saying publishing know, digital?
AL
Alabama 2026 1st Special Session
Alabama House Ways and Means Education Committee Feb 11th, 2026
Ways and Means Education
Transcript Highlights:
- Um, which there's a lot of those that are digital interactions, people who downloaded apps, watched videos
- Um, which there's a lot of those that are digital interactions, people who downloaded apps, watched videos
- Um, which there's a lot of those that are digital interactions, people who downloaded apps, watched videos
- Um, which there's a lot of those that are digital interactions, people who downloaded apps, watched videos
- Um, which there's a lot of those that are digital interactions, people who downloaded apps, watched videos
Keywords:
school safety, emergency response, training, public safety, Alyssa's Law, law enforcement, scholarship, tuition assistance, dependent education, Alabama, blackout license plate, HB360, Second Amendment Sales Tax Holiday, sales tax holiday, firearms, guns, ammunition, bullets, primers, gun accessories
FL
Florida 2026 5th Special Session
Fiscal Policy Apr 8th, 2025
Transcript Highlights:
- of the amendment or the financial impact statement or the driver's license number or the last four digits
- Petition forms will include the driver's license number or the last four digits of the Social Security
- any Florida voter who signs the petition to provide their driver license number or the last four digits
- comfortable putting your full legal name, your address, your driver's license number, your last four digits
- or your last four digits of your Social Security and also your voter registration number or your day
Summary:
The committee first took up CS for CS for CS for SB 462 on transportation. A substitute amendment was adopted that would require counties receiving transportation surtax proceeds to report how the money is used to the Office of Economic and Demographic Research, prohibit certain airport fees tied to collegiate aviation flight training, create a Sarasota-Manatee Airport Authority pilot program, and dedicate $10 million annually for a traffic signal modernization program. The amendment also removed several provisions from the bill, including a sales-tax transfer to the State Transportation Trust Fund, a bid-protest-related contracting requirement, and repeal of the Metropolitan Planning Organization Advisory Council. A late-filed amendment was tabled, and the bill was reported favorably. The committee then heard CS for CS for CS for SB 628, Lucy’s Law, which strengthens boating safety penalties for leaving the scene of a vessel accident and reckless operation. After the sponsor withdrew a pending amendment, the committee heard emotional testimony from Lucy’s parents and others in support, and the bill was reported favorably.
The committee next considered CS for CS for SB 700, the Florida Farm Bill, under a strike-all amendment. The bill’s major provisions included removing non-purity additives from public water systems, requiring clearer labeling for meat, milk, poultry, and eggs, criminalizing drone harassment over farmland, updating agriculture disaster recovery programs, creating an honest services registry for charities tied to countries of concern, expanding FFA-related scholarships and school infrastructure, and allowing the state to repurchase certain former agricultural lands converted to solar fields. Testimony included strong support from agriculture and related groups, opposition from the Florida Bankers Association over a private right of action related to financial discrimination, and criticism from speakers opposed to fluoride removal. The bill was amended and then reported favorably despite some opposition. The committee also reported favorably SB 796, which authorizes DEP general permits for distributed wastewater treatment systems to replace failing septic tanks.
The committee then took up a large strike-all for CS for SB 1618, a K-20 education package. The amendment combined provisions on VPK flexibility, early grade success, agriculture education, financial literacy, reading intervention, teacher assignment transparency, restrictions on spending public funds for political or social activism, emergency opioid antagonists, corporal punishment consent, teacher certification pathways, and other higher-education and workforce items from SB 1624, including guardrails for certain private religious postsecondary institutions. Members questioned the new prohibition on using public funds for political or social activism, with the sponsor saying it was intended to keep public schools from being a battleground for ideology; Equality Florida and the ACLU opposed that section. The amendment was adopted and the bill was reported favorably.
Finally, the committee began extensive debate on CS for SB 7016, a major initiative-petition reform bill. The sponsors said the bill responds to fraud and abuse documented in a large Office of Election Crimes and Security report and would impose tighter rules on petition circulators, including Florida residency and U.S. citizenship requirements, training, shorter submission deadlines, stronger penalties, new identification requirements on petitions, and a 25% invalid-signature trigger for investigations by election-crimes officials. Senators raised numerous questions about due process, public records, penalties, the treatment of volunteers and former felons, the verification process, and the practical effect of the new deadlines and thresholds. The discussion was ongoing when the transcript ended, and no final vote on SB 7016 is shown in the excerpt.
ND
North Dakota 2026 1st Special Session
House Floor Session Jan 23rd, 2026 at 09:00 am
North Dakota House Floor Meeting
Transcript Highlights:
- Section 1 of the bill appropriates $1.5 million of one-time funding to NDIT to comply with the digital
- Section 1 of the bill appropriates $1.5 million of one-time funding to NDIT to comply with the digital
- accessibility provision of the Federal Americans with Disabilities Act, to comply with the digital accessibility
- every executive branch agency the ability to identify accessibility issues across their websites and digital
Keywords:
presidential physical fitness test, physical education, fitness assessment, student fitness, school curriculum, graduation requirements, elementary school, middle school, high school, public schools, nonpublic schools, superintendent of public instruction, exceptions, disability accommodations, North Dakota studies, computer science, cybersecurity, health education, concept-based fitness class, school standards
Summary:
The North Dakota House convened in special session with prayer, roll call, and a quorum present, then took up several rural health-related bills. Senate Bill 2401, as amended, required physicians to complete one hour of continuing education in nutrition and metabolic health each renewal cycle and also added language allowing criminal history background checks for the Board of Occupational Therapy Practice. Supporters emphasized the role of nutrition in reducing chronic disease, and the bill passed 92-0.
The House then considered Senate Bill 2402, which expanded pharmacists’ limited prescriptive and therapeutic substitution authority for certain low-acuity conditions and clarified related lab-test and communication requirements. Members discussed examples such as motion sickness, cold sores, lice, hypoglycemia, COVID and flu testing, emergency access to medications and supplies, and limits excluding certain drug classes; the bill passed 91-1. Senate Bill 2403 created a temporary medical facility emergency operating loan option through the Bank of North Dakota for qualifying rural hospitals facing severe financial distress, with extensive debate over the targeted nature of the aid, anti-gifting concerns, repayment terms, and the hospital’s turnaround plan; it passed 80-12.
Senate Bill 2404 appropriated funds for NDIT to address federal digital accessibility requirements and for the Public Service Commission’s litigation efforts related to transmission costs, with a backup loan authorization available if needed; it passed 92-0. At the close of the session, leaders thanked members and staff for their work on the rural health transformation package, a committee notified the Governor and the Senate that the House had completed its business, absent members were excused, and the House adjourned sine die.
FL
Florida 2026 Regular Session
Appropriations Committee on Criminal and Civil Justice Nov 19th, 2025
Appropriations Committee on Criminal and Civil Justice
Transcript Highlights:
- The 16th item is $1.1 million to modernize and enhance the department's digital forensics processes and
- And now it's a digital process to start, but then it's a manual process having to ship evidence back
- once we do this, to put this information into a cloud-based, secure environment, that once we do the digital
- increase, we have been in the last year going from a manual process and handling those cases to a digitized
Summary:
The Appropriations Committee on Criminal and Civil Justice met to hear budget presentations from the Florida Department of Law Enforcement (FDLE), an FDLE update on the Uniform Arrest Affidavit and Florida Incident-Based Reporting System (FIBERS), the Department of Juvenile Justice on Florida Scholars Academy, and the Clerks of Court Operations Corporation. FDLE requested funding for a wide range of items, including a new Fort Myers regional operations center lease, technology upgrades for missing persons alerts and criminal justice data systems, replacement breath-test instruments, recurring support for critical public safety contracts, cybersecurity, a career offender registry unit, expanded wellness and peer support for law enforcement, cryptocurrency seizure efforts, vehicle replacement, forensic lab and digital forensics upgrades, a repaired Jacksonville firearm range, and additional resources for criminal alien detection, fentanyl enforcement, and other operational needs. Senators questioned FDLE about the reported 79% increase in officer misconduct cases, body cameras, masking by officers, public records request burdens, and the status of criminal alien detection funding.
FDLE’s second presentation explained that FIBERS is Florida’s incident-based crime reporting system and that 61% of agencies, covering 74% of the population, have transitioned to it. The agency also described the Uniform Arrest Affidavit initiative, which standardizes arrest data for statewide sharing. Senators asked about NCIC/FCIC access, hate crime reporting requirements, and why more agencies have not adopted the UAA and FIBERS systems; FDLE said it is working with law enforcement associations and vendors to address technology and implementation barriers. The committee also heard from DJJ Secretary Matt Walsh, who praised FDLE’s wellness program and then reported on Florida Scholars Academy’s first year, including unified education across 39 residential facilities, security fixes after early website access issues, strong enrollment and graduation numbers, and extensive support for students with disabilities. Walsh said the program still faces staffing shortages and a wait list for residential beds, and estimated about 260 additional beds are needed.
The final presentation came from Clerk of Court and Comptroller Stacey Butterfield, who said clerks are operating with outdated funding levels and requested $22 million to stabilize operations. She highlighted reimbursement shortfalls for injunctions for protection and other high-risk cases, rising postage and summons costs, and the need to fund clerk staffing for 37 new judges under the “fund the entire courtroom” concept. Senators asked about SB 532, a CPI-based court-fee bill, and about collections of court fines and fees. Butterfield said clerks work with defendants on payment plans and collections, but the system still faces a structural deficit. After the presentations and questions, the committee adjourned without taking any substantive votes or other action.
TX
Texas 89th 2nd C.S.
Trade, Workforce & Economic Development Apr 9th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- Today, that decision making is increasingly relies on digital content shared by artificial intelligence
- Think of this as like a digital nutrition label, giving users a critical context without censorship.
- Provenance data requirements were also tweaked to align with C2PA digital technical standards.
- respectfully urge your support for this Social Media Content Transparency Act to help Texas lead in digital
FL
Florida 2025 Regular Session
Agriculture Mar 25th, 2025
Transcript Highlights:
- . >> Seeks to empower CA consumers and independent repair shops within the portable digital in agricultural
- all the stakeholders that are are involved in not just the agricultural aspect of the bill, but the digital
- And in the in the ongoing costs are always mounting up be in the digital space as well.
- you know, it shouldn't be the most expensive part of your house living expenses every day for some digital
MN
Transcript Highlights:
- NPR is one of the nation's premier public radio organizations, producing programming for radio, digital
- Increasingly, we do this on multiple platforms: radio, broadcast, digital, streaming, and live.
- NPR is in the process of going through thousands of hours of reels, preserving them digitally and making
- Really doing the work in the community, because with fake media, digital media, and AI technologies,
Keywords:
public television, funding, grants, arts and culture, Minnesota, Minnesota Public Radio, arts education, cultural heritage, community engagement, public radio, community radio, educational grants, community cable, public access, programming funding, civic engagement, ethnic media, public access television, Minnesota Humanities Center, funding appropriation
HI
Hawaii 2025 Regular Session
JDC, JDC DEFER Public Hearings 02-26-2025
Transcript Highlights:
- Pizza case and observe that physical accommodations do not get an exemption, but digital accommodations
- accommodations do not get an<00:09:34.000>
exemption <00:09:34.480>but <00:09:34.920>digital - <00:09:35.320>
accommodations an exemption but digital accommodations an exemption but digital
Summary:
The Judiciary Committee took up a series of Senate bills and generally advanced most of them, often with technical or substantive amendments. SB 15 on the definition of historic property was amended to narrow the definition to properties at least 50 years old that are culturally significant or otherwise significant for Hawaii Register purposes, and it passed. SB 97 on excessive speeding was amended to clarify felony penalty language, license revocation timing, and fingerprinting procedures, and passed. Other bills passed as is or unamended included SB 145 on water shortages, SB 108 on accessible parking enforcement, SB 660 on hospitality anti-harassment measures and panic buttons, SB 1662 on landlord application fees and tenant screening reports, SB 1421 on Department of Health provider arrangements, SB 1439 on DOH nuisance authority, and SB 1452 updating controlled substances law. SB 1454 on wage payment violations passed with technical amendments only, while SB 1481 on motorcycle instruction permits was deferred as not ready.
Several bills received more substantial changes. SB 253 on condominium association budget summaries was amended to require a single document and to shift the standard to substantial compliance; it passed. SB 371 on critical infrastructure damage was amended to remove a section affecting manslaughter law and to apply specifically to broadband and cable networks; it passed. SB 984 on water pollution liability for large landowners was advanced with a defective date. SB 1517 on public land leases for recreational residential use was amended to change the lease term to five years and add a defective date. SB 1074 on temporary continuation of challenged activities during environmental review was significantly amended to limit the provision to currently authorized activities, add a one-year limit with possible court extension, and clarify other terms; it passed. SB 1322 on emergency mental health transport was amended to restore provider-initiated transport language, require notice and coordination, remove special immunity provisions, and clarify court-ordered treatment procedures; it passed.
The committee also passed SB 1496 on disability access to information in public accommodations, with a request that the committee report discuss the Roe v. St. Pizza case and the distinction between physical and digital accommodations. SB 1255 on Uniform Information Practices Act record retention was deferred as not ready. At the end of the meeting, the chair noted that both agendas were completed and the committee adjourned.
HI
Transcript Highlights:
- I think that there are some places where this digital mental health platform could expand on the work
- The digital mental health platform, because it comes more from a public health perspective, I believe
- digital mental health platform<01:25:29.040>
could <01:25:29.600>expand <01:25:30.239>< - <01:25:50.239>
mental platform uh the the digital mental platform uh the the digital mental - youth mental health platform digital youth mental health platform pilot<02:19:01.120>
project.
Bills:
SB2175, SB2410, SB2080, SB2276, SB2277, SB2282, SB2413, SB2425, SB2491, HB2315, HB2562, HB1532, HB1857, HB2209, HB1961, HB2343, HB2160, HB2505, HB1537, HB1562, HB1731, HB1853, HB1973, HB1974
Keywords:
environmental protection, waste management, disposable electronic smoking devices, plastic pollution, lithium-ion batteries, public health, electronic smoking devices, e-liquids, certification, FDA compliance, penalties, directory, mental health, telepsychology, interjurisdictional compact, psychology regulation, LGBTQ+ youth, access to care, professional licensing, surgical assistant
Summary:
The committee opened a hearing on multiple health-related bills and first took up HB 2315, which would create a Department of Health pilot program allowing eligible employees to defer unused vacation leave in exchange for a payout to help with home purchase assistance. The Department of Health testified in support, saying the proposal could aid recruitment and retention, and United Public Workers also supported it as a creative, cost-effective benefit that could help employees become first-time homebuyers. The chair likewise praised the department’s effort, and there were no questions or opposition before the committee moved on.
The committee then heard HB 2562 on workplace violence in health care settings. The Department of Health said it preferred requiring licensed hospitals to adopt workplace-violence prevention policies and public reporting rather than creating a new state program. The Department of Labor and Industrial Relations said it appreciated the intent and explained that, absent a specific standard, enforcement would rely on OSHA’s general duty clause, guidance, and inspections. Nurses and the Hawaii Nurses Association gave emotional testimony describing harassment, threats, doxxing, and fears for patient and worker safety, arguing that existing processes were too slow and that hospitals needed immediate, enforceable requirements. The committee discussed current hospital alarm systems and OSHA enforcement, and Labor said it does inspect hospitals and can receive complaints from employees.
HB 1532, concerning importation of large cigars and pipe tobacco, was announced as deferred at the request of the bill’s author so it could be refined with proponents and the Attorney General. The committee also discussed HB 1857, a very large measure redefining qualified health care provider and making extensive changes to health care law; the chair said the House would likely pass it without substantive changes and instead defer the effective date while using the Senate companion bill as the vehicle. Testimony on HB 1857 was generally supportive, including from the Hawaii Association of Nurse Anesthesiology and a certified genetic counselor, though both referenced proposed amendments.
Finally, the committee heard HB 2209, which would require insurers to honor a patient’s written assignment of benefits to a substance use disorder treatment provider. The Insurance Division and HMSA opposed the bill as drafted, arguing it would create a special class of providers, raise fraud and litigation concerns, and potentially increase premiums. Treatment providers and advocates strongly supported the measure, saying insurers often refuse direct payment even when patients assign benefits, forcing families to front large sums and delaying access to residential treatment; they argued the bill would improve access and help keep care in Hawaii. A psychiatrist testified that he had not seen fraud in Hawaii and that the bill could help address long wait times for life-saving treatment. The committee also received written support from multiple individuals and organizations, and members began asking questions about HMSA’s network size and wait times, with follow-up information requested."}】【。final json to=commentary 天天中彩票出票 to=commentary code 彩神争霸邀请码 to=commentary 彩票平台招商 to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary ುತ್ತಾರೆ to=commentary
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-06-02 (10:00AM Session)
Florida House Floor Meeting
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-06-02 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- rollback rate or continuing to maintain a budget, it is very much a potential that those remaining assets
- The state of Florida cannot and should not use state funds for television ads, mailers, digital ads,
Summary:
The House met in special session, opened with prayer and the Pledge of Allegiance, approved the journal, and adopted the special order report setting the day’s calendar. The chamber then took up CS/House Joint Resolution 1F, the Governor’s property tax proposal, which would raise the homestead exemption for non-school taxes, lower the annual assessment cap on non-homestead property from 10% to 5%, and restrict county and municipal ad valorem revenue to public safety and certain other uses. Sponsor Rep. Overdorf said the measure would return money to homeowners and give local governments flexibility, while opponents repeatedly argued the ballot language was misleading and that the proposal could create large local revenue shortfalls, shift costs to other taxpayers, and threaten local services and debt obligations.
Members debated a series of amendments aimed at protecting specific programs from the bill’s effects. Rep. Bartleman’s amendment to exempt Children’s Services Councils and Children’s Trusts was defeated 25-74 after supporters said those entities fund child care, mental health, aftercare, and family support, while opponents said local governments could still choose to fund them. Rep. Cross’s amendment to include water management districts in allowable uses of ad valorem taxes was also defeated, despite testimony that the districts are essential for flood control, water supply, Everglades restoration, and drought response. Rep. Eskamani’s amendment to require the Legislature to backfill public safety funding failed 25-71 after debate over whether the proposal could reduce police and fire budgets and response times.
The House then rejected Rep. Woodson’s amendment to require state backfill for senior services, with supporters citing Meals on Wheels, transportation, adult day care, and other aging services, and opponents saying the state already funds senior programs. Finally, Rep. Gant’s amendment to protect veteran services was introduced and debated, with members emphasizing housing, mental health, transition assistance, and homelessness concerns for veterans; the transcript cuts off before the vote on that amendment. Throughout the debate, sponsors and supporters of the main resolution maintained that local governments would retain spending discretion and could use other revenue sources, while critics argued the measure lacked clear backfill provisions and could force cuts or tax shifts at the local level.
LA
Louisiana 2026 Regular Session
House of Representatives Apr 23rd, 2026
Louisiana House Floor Meeting
Transcript Highlights:
- Are they digital or physical?
- Yeah, according to the last audit, cash and cash equivalents on hand: $19.7 million; total assets on
Bills:
HR192, HR193, HR194, HCR80, HCR81, HCR82, HCR83, HCR84, HCR85, HR188, HR189, HR190, HR191, SB134, SB140, SB281, SB331, SB384, SB389, SB415, SB451, SB458, SB479, SB504, SB523, HR38, HR96, HR160, HCR31, HCR61, SCR19, HB316, HB549, HB578, HB646, HB748, HB798, HB824, HB988, HB989, HB1001, HB1032, HB1081, HB1108, HB1129, HB1140, HB1157, HB1186, HB1192, HB1195, HB1198, HB1222, HB1244, SB73, SB89, SB128, SB149, SB191, SB196, SB238, SB318, SB340, HB225, HR1, HR17, HCR5, HCR4, HCR47, HCR32, HB362, HB893, HB990, HB1007, HB1153, HB1243, HB12, HB42, HB205, HB222, HB267, HB324, HB325, HB350, HB478, HB610, HB617, HB745, HB749, HB752, HB797, HB807, HB821, HB896, HB979, HB992, HB1000, HB1024, HB1050, HB1166, HB1172, HB1173, HB1207, HB1218, HB1223, SB162, SB349, SB350, SB382, SB383, SB127, SB244, SB256, HB911, HB306, HB366, HB1161, HB1230, HB59, HB481, HB772, HB897, HB1003, HB1008, HB1112, HB1180, HB1189, HB181, HB1118, HB901, HR20, HR74, HB284, HB393, HB458, HB459, HB525, HB577, HB582, HB605, HB614, HB682, HB733, HB773, HB864, HB996, HB1035, HB1058, HB1082, HB1113, HB1234, HB1240
Keywords:
ACOG, maternal health, healthcare professionals, patient-physician relationship, obstetrics, gynecology, condolences, military service, veteran, community, memorial, visual acuity, student health, de-identified data, longitudinal analysis, education policy, property rights, carbon dioxide sequestration, expropriation, Landowner Bill of Rights
AZ
Arizona 2026 Regular Session
01/14/2026 - Senate Finance and House Ways & Means Joint Committee
Transcript Highlights:
- There are millions of dollars that can be recouped from various assets, such as the thousands of dollars
- there's some kind of a fire drill or crisis when positions are going unfilled, double- and triple-digit
Summary:
The joint House Ways and Means and Senate Finance committees met to hear identical conformity bills, HB 2153 and SB 1106, which would align Arizona tax law with the federal Internal Revenue Code as of Jan. 1, 2026, including some retroactive provisions for tax year 2025. Staff explained that the bills would exclude three federal provisions: the higher federal SALT deduction, the new senior deduction as written in H.R. 1, and the deduction for interest on new car loans. They would instead include a $6,000 retirement-income deduction for taxpayers age 60 and older, a $6,000 Roth IRA contribution deduction, a higher dependent tax credit, and a deduction for child and dependent care expenses above the federal credit. JLBC estimated the package would reduce general fund income tax revenue by about $441.3 million in FY 2026. Members also discussed that the Department of Revenue’s forms had been issued assuming full conformity, and staff and supporters argued the bills were needed quickly to avoid confusion and amended returns during filing season.
Committee members and sponsors largely framed the bills as tax relief and a way to provide certainty for taxpayers and preparers. Supporters said the package would help families, seniors, and workers, and noted that the Arizona version was negotiated to keep the overall tax relief roughly comparable to full conformity while shifting benefits away from the SALT deduction and toward child credits, retirement income, and child care. The sponsors also criticized the governor’s executive action and urged prompt passage so taxpayers would know how to file. Opponents argued the bills would reduce state revenue, worsen the budget outlook, and disproportionately benefit higher-income taxpayers and corporations. Several witnesses and members also raised concerns about the child care deduction, the retirement-income deduction, and the business expensing provisions, while supporters responded that the bill was designed to help working families and encourage saving and investment.
Public testimony was mixed. The Arizona Society of Certified Public Accountants and the Arizona Free Enterprise Club supported the bills, emphasizing early conformity, filing certainty, and reduced confusion for taxpayers and software providers. Opponents included Save Our Schools Arizona, the Arizona Center for Economic Progress, Opportunity Arizona, and several individuals, who argued the package would deepen budget problems and favor the wealthy. One witness objected to a federal school-choice-related provision she said was being tied to the bill, though committee members said the measure before them was a tax conformity bill and not a school finance bill. The hearing included extended debate over the fiscal impact, the governor’s prior requests for some of the same tax changes, and whether taxpayers would need to file amended returns if the legislature later changed course. The transcript ends during testimony from NFIB, with no final committee vote or action shown in the excerpt.
TX
Texas 89th Regular
Appropriations - S/C on Article III Feb 25th, 2025
Appropriations - S/C on Article III
MN
Transcript Highlights:
- not the underlying asset value. not the underlying asset value.
- liquid assets on the value of both hard and liquid assets.
- <01:09:08.839>
of asset classes that the liquid assets of asset classes that the liquid assets - One of those assets is land and minerals assets.
- 2.3 is in a financial asset. 2.3 is in a financial asset.
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (10-21-25)
Transcript Highlights:
- It's called asset smoothing.
- So when the called asset smoothing.
- varying levels of uh alternative asset varying levels of uh alternative asset classes.<00:18:56.320
- alternative asset classes. alternative asset classes.
- fees would go up based upon uh the asset fees would go up based upon uh the asset values. values
Keywords:
Meeting Start: 00:00
Attendance Roll Call: 01:02
Approval of Minutes: 02:03
Annual Investment Review: 04:10
Adjournment: 37:34, 958, all
Summary:
The committee met with a quorum, approved the prior meeting minutes, welcomed new staff member Sean Parks, and announced that it would not meet in November. The next meeting was scheduled for December 8 at 10:00 a.m., with the chair noting that pension bills would be heard then and emphasizing that all pension bills must go through the full process and include actuarial analysis.
Brad Gross of the Public Pension Oversight Board presented a detailed review of Kentucky retirement systems’ investments and funding. He said fiscal year 2025 ended with about $50.5 billion in pension assets and $12.52 billion in retiree health assets, both up from the prior year. He reported strong investment performance across the systems, with all Kentucky public pension funds exceeding their policy benchmarks and the median peer return of 10.4%. He also discussed long-term return trends, asset allocation differences among the systems, fee levels, and cash flow, noting that cash flow remains a key monitoring issue and that supplemental appropriations have improved the cash position of some funds, especially the Kentucky State Police and TRS systems.
Gross also explained that assumed rates of return have generally fallen over time, which increases unfunded liabilities and required contributions, and said the systems’ current assumptions range from 5.25% to 7.1%. He noted that the committee’s materials included peer comparisons and historical charts, and that all asset classes were within target ranges. In response to a question from Senator Funky From, Gross was asked about pension spiking and whether supplemental general fund contributions could create a false sense of security in cash flow analysis; the question was raised but not resolved in the portion of the transcript provided.
MO
Missouri 2026 Regular Session
Joint Committee on Public Employee Retirement Apr 28th, 2026
Joint Committee on Public Employee Retirement
Transcript Highlights:
- MOSERS uses what's called asset smoothing.
- So we can start on page 20, which is asset allocation.
- Not only assets, but also liabilities.
- Right now, 7% is about... ...across asset classes.
- Right now, 7% is about, across asset classes.
Summary:
The Joint Committee on Public Employee Retirement held a hearing focused on the Missouri State Employees’ Retirement System (MOSERS) and its long-term financial condition. MOSERS Executive Director Abby Spieler and investment consultant Tim McKinery outlined the system’s structure, membership, funding policy, and investment approach. They reported that as of the June 30, 2025 valuation, MOSERS had a 55.4% funded ratio, about $17.4 billion in liabilities, and about $9.6 billion in assets. They explained that the FY27 employer contribution rate was certified at 32% under the board’s minimum contribution policy, up from 30.25%, and said the increase is tied to a $46 million new decision item in House Bill 5.
The presentation emphasized that MOSERS is a mature plan with more retirees and inactive members than active employees, and that slow or declining payroll growth has made it harder to pay down unfunded liabilities. MOSERS described recent policy changes intended to improve long-term stability, including lowering the investment return assumption over time, updating mortality assumptions, and adopting a minimum employer contribution policy. The board’s 2024 asset-liability study also led to a shift toward more public equity exposure and less fixed income, with the consultant saying asset allocation has been the main driver of relative investment underperformance versus peers in recent years, though recent returns have improved and the portfolio has outperformed its policy index over shorter periods.
Committee members questioned why the funded ratio has fallen over time, whether past investment assumptions were too optimistic, and whether the board had been too conservative in its asset allocation. MOSERS representatives responded that the earlier strategy was a board-approved risk-balanced approach and that hindsight makes the results easier to judge, while stressing that current changes are intended to improve long-term outcomes. Members also asked about the impact of inactive members, the automatic refund proposal for small terminated accounts, and the ongoing Catalyst Capital litigation. MOSERS said the proposed legislation would automatically refund small inactive balances and auto-escalate deferred compensation contributions, and reported that litigation-related attorney fees have been about $20 million so far. No votes were taken, and the committee adjourned after questions and discussion.
MO
Missouri 2026 Regular Session
Joint Committee on Public Employee Retirement Apr 28th, 2026 at 08:30 am
Joint Committee on Public Employee Retirement
Transcript Highlights:
- MOSERS uses what's called asset smoothing.
- So we can start on page 20, which is asset allocation.
- So we can start on page 20, which is asset allocation.
- To asset allocation for a public pension fund.
- Yeah, so from an investment perspective, asset allocation decisions, so the board-approved asset allocation
Summary:
The Joint Committee on Public Employee Retirement held a hearing focused on the Missouri State Employees’ Retirement System (MOSERS) and its long-term financial condition. MOSERS staff and its investment consultant reviewed the system’s structure, membership, funding policy, and investment approach. They reported a June 30, 2025 funded ratio of 55.4%, with about $17.4 billion in liabilities and $9.6 billion in assets, and explained that the board certified a 32% employer contribution rate under its minimum contribution policy, up from 30.25%, which will increase state appropriations. They also described the system as mature, with more retirees and inactive members than active employees, and said declining payroll growth has made it harder to improve funding.
The presentation emphasized that recent board actions were intended to strengthen the plan over the long term, even though they increased near-term costs. Those changes included lowering the assumed investment return over time to 6.95%, updating mortality assumptions, moving from an open to a closed amortization schedule, and adopting a minimum employer contribution policy. The investment consultant said MOSERS historically used a more risk-balanced asset allocation than many peers, which helped explain weaker relative returns during a long period when public equities outperformed; the board has since shifted toward a more equity-oriented allocation. He said recent performance has improved, with the portfolio outperforming its policy index and ranking better against peers in the short term, though longer-term peer performance remains a concern.
Committee members questioned why the funded ratio had declined over roughly 20 years and whether past investment and actuarial assumptions were too optimistic or too conservative. MOSERS officials responded that the current board is trying to correct earlier decisions and that the present strategy is more in line with industry practice. Members also discussed a proposed MOSERS bill package that would automatically refund small balances to terminated non-vested members and increase deferred compensation auto-escalation, with officials saying the refund provision would improve efficiency and return small balances sooner. The committee also briefly discussed ongoing litigation involving Catalyst Capital; MOSERS said attorney fees have been about $20 million so far, the case remains on appeal, and the damages amount is sealed. No formal votes were taken, and the committee adjourned after questions and discussion.
WA
Transcript Highlights:
- Market value of assets—that's what the assets are actually worth in the market on the valuation date.
- There is no asset smoothing in this plan, so there's no smoothed assets.
- Market value of assets, that's what the assets are actually worth in the market on the valuation date
- There is no asset smoothing in this plan, so there's no smoothed assets.
- asset smoothing, one thing to note is that while asset smoothing spreads out the impacts of investment
Summary:
The Pension Funding Council met on June 23, 2026, for a work session that began with an overview of the Higher Education Supplemental Retirement Plan (SRP) and a 2025 accounting valuation of that plan. Staff explained that the SRP is a closed defined benefit supplement for higher education employees hired before the 2011 closure, with employer contributions currently pre-funding benefits in institution-specific trusts while institutions still pay benefits on a pay-as-you-go basis. The State Actuary’s office reported that the plan’s accounting position has improved, with combined market assets of about $245 million against $377 million in accrued liability, and that strong market performance since 2022 has increased the asset-to-liability ratio. The office emphasized that this was an educational accounting valuation, not a funding valuation for rate-setting.
The council then received the 2025 actuarial valuation report for the state retirement systems. Actuaries reviewed the recent demographic experience study, noting updated assumptions for mortality, retirement, termination, and salary growth, and said the net impact on most plans was small. They reported that most plans’ funded ratios improved, with all plans at least 94% funded and several at or above 100%, and that contribution rates for the 2027–2029 biennium are generally lower than current rates. They also noted that future rates could be affected by market volatility as deferred gains are recognized over the next few years. During public comment, a representative of the Association of Washington Cities urged the council to consider rate reductions to help local governments facing budget pressures.
In executive session, the council first approved a motion directing the Office of the State Actuary to perform an actuarial evaluation and analysis of each institution’s Higher Education Supplemental Retirement Plan, including institution-specific contribution rates, asset sufficiency, and funding policy options, due by July 1, 2028. The council then adopted the 2027–2029 pension contribution rates based on the 2025 actuarial valuation report. Both motions passed 5-0, with one member excused. The meeting concluded with no further business.