Bills: HR46, HR47, HR48, HR49, HR50, HR51, HR52, HR53, HR54, HR55, HR56, HR57, HCR31, HB20, HB21, HB166, HB494, HB710, HB795, HB985, HB986, HB987, HB988, HB989, HB990, HB991, HB992, HB993, HB994, HB995, HB996, HB997, HB998, HR42, HR43, HR44, HR45, HCR22, HCR23, HCR24, HCR25, HCR26, HCR27, HCR28, HCR29, HCR30, SCR13, HB894, HB983, HB984, SB19, SB23, SB26, SB30, SB39, SB45, SB46, SB50, SB51, SB55, SB69, SB71, SB73, SB84, SB85, SB89, SB96, SB98, SB101, SB110, SB148, SB150, SB160, SB164, SB303, SB340, HB28, HB36, HB50, HB52, HB56, HB62, HB68, HB92, HB110, HB117, HB119, HB124, HB140, HB147, HB160, HB171, HB174, HB182, HB193, HB196, HB198, HB203, HB228, HB234, HB237, HB260, HB268, HB271, HB285, HB289, HB316, HB351, HB393, HB400, HB413, HB446, HB469, HB486, HB534, HB551, HB552, HB574, HB576, HB634, HB649, HB677, HB735, HB739, HB779, HB784, HB796, HB807, HB842, HB850, HB919, HB474, HB487, HB503, HB606, HB633, HB707, HB720, HB728, HB733, HB846, HB852, HB856, HB868, HB875, HB129, HB130, HB287, HB489, HB545, HB553, HB555, HB570, HB854, HB952, HB221, HB148, HB331, HB149, HB901

Keywords: HR 46, House Resolution 46, water well drillers, water wells, well drilling, driller licensure, licensing requirements, Department of Conservation and Energy, R.S. 38:3098.1, LAC 46.LXXXIX.507, professional references, two years drilling experience, workforce development, barriers to entry, water infrastructure, natural resources, groundwater, public health, state water resources, occupational licensing

Transcript Highlights:

• This applies mostly to C corporations and the corporate franchise tax.
• This can also apply to nonresident partnerships to apportion them.
• These taxes apply to all transactions within the jurisdiction that the state sales tax would apply to
• These taxes apply to all transactions within the jurisdiction that the state sales tax would apply to
• <00:57:36.520> to acts like the sales tax and applies to acts like the sales tax and applies

Keywords: 1183, house

Summary: The House Tax Committee met for an organizational and orientation session. Members and staff introduced themselves, with several lawmakers noting their districts, business backgrounds, and interest in tax policy. Chair Greg Davids then opened the committee’s first substantive item: a presentation from House Research and House Fiscal staff on how the committee works and on basic tax concepts. House Research staff Sean Williams and Chris Clayman explained their roles in drafting bills and amendments, writing bill summaries, answering legal and policy questions, and modeling tax proposals. They also described the committee’s key documents, including partisan and nonpartisan bill summaries, revenue estimates, fiscal notes, and supporting materials. Their presentation covered core tax concepts such as tax bases, rates, deductions, exemptions, credits, tax revenues, and tax expenditures, emphasizing that tax expenditures function like spending through the tax code and are reviewed by a legislative commission. The staff then reviewed Minnesota’s major taxes, focusing on the individual income tax and business taxation. They explained that Minnesota’s individual income tax starts with federal adjusted gross income, then applies state additions, deductions, subtractions, and credits, and that the state’s income tax brackets and rates are set separately from federal law. They also outlined the difference between corporate franchise taxes for C corporations and individual income tax treatment for pass-through entities, and discussed how the federal SALT cap led Minnesota and other states to adopt pass-through entity taxes so businesses could preserve federal deductibility of state taxes. Members asked questions about a duplicate “marriage penalty” entry on a slide, the purpose of Minnesota’s marriage penalty credit, comparisons with other states, and the timing and effect of the pass-through entity tax; staff answered that the duplicate was a mistake, the credit offsets bracket-related marriage penalties, and the pass-through entity tax was adopted in response to the federal SALT cap.

Transcript Highlights:

• However, that definition only applies to elements within Chapter 115 of the Massachusetts General Laws
• It does not apply to any other portions of the law that authorize numerous programs, benefits, and services
• The weapon is science. The battlefield is disease, and the mission is health and public health.
• behalf of those who are serving in uniform, whether in combat, disaster response, public health, or science

Keywords: 995, all

Summary: The Joint Committee on Veterans and Federal Affairs held its fourth public hearing of the 2025-26 session on recognitions, definitions, and designations related to veterans. Chairs John Velis and Joseph McGonagle opened the hybrid hearing with housekeeping rules and noted the committee’s reporting deadlines. The hearing focused on several bills honoring veterans and military-related service, including H. 3825 to include reserve components in flag half-staff recognition for service members killed in action, S. 2499 to place a State House marker honoring three Medal of Honor recipients from the war on terror, S. 2498 to add Merchant Marine recognition at veterans cemeteries and the State House and create a Massachusetts merchant mariner medal, and H. 2500/S. 2500 to have Massachusetts fly the Honor and Remember flag for Gold Star families and fallen service members. A major portion of the hearing centered on H. 3871 and S. 2467, which would update the Commonwealth’s definition of “veteran.” Testimony came from the Office of Veterans Services, veterans organizations, Public Health Service and NOAA representatives, National Guard and Reserve veterans, and Gold Star advocates. Witnesses argued the current state definition is inconsistent with federal law and excludes some service members who should be recognized, especially members of the U.S. Public Health Service Commissioned Corps, NOAA Commissioned Officer Corps, reservists, and some National Guard members. Supporters said the bills would improve fairness, consistency, and access to benefits and services, while several speakers emphasized that service in uniform should be honored regardless of branch. Some testimony also urged a broader moral recognition of all who raised their right hand, while others focused on aligning state law with federal definitions and closing gaps in eligibility. Committee members asked questions about the practical and fiscal effects of broadening the definition, including how the proposed language would interact with existing federal standards and state benefit programs. Witnesses explained that the bills would remove the current 180-day and 90-day active-service calculations and instead recognize certain active service and six-year reserve or Guard commitments, though some members noted that this could create a broader state standard than the federal one. No votes or formal actions were taken during the hearing, and the committee concluded after hearing from the final witness and adjourning.

Transcript Highlights:

• Arizona Agribusiness and Equine Center, Red Mountain, for high school, and completed her Bachelor of Science
• degree... ...and Equine Center, Red Mountain, for high school, and completed her Bachelor of Science
• Remember that this bill only applies to counties with fewer than 400,000 persons and critical access
• So this amendment seeks to address some of the concerns, make sure it applies to all utilities, and provides

Keywords: 1182, all

Transcript Highlights:

• For half a century, you have demonstrated that with science-based planning and collaboration, we can
• support growth while... ...that with science-based planning and collaboration, we can support growth
• Section 501.053 of the Texas Transportation Code prescribes the process to apply for a bonded title.
• A person in possession of a vehicle may apply for a bonded title when they do not have the automobile's

Summary: The Senate opened with a quorum, an invocation, and routine business including dispensing with the previous day’s journal, receiving a House message on HB 104/HJR 34, and a gubernatorial message naming two appointees to the Texas Real Estate Commission. The chamber also adopted several resolutions recognizing Alzheimer’s Advocacy Day, Golf Day in Texas, Cindy Ramos-Davidson, and the 50th anniversary of the Harris-Galveston Subsidence District. Members then adopted memorial resolutions honoring fallen first responders, including Deputy Jesse Ray Perez and Deputy Melissa Pollard, and the Senate agreed to adjourn in their memory. The Senate considered and passed several bills. SB 2199 increased penalties for loading overweight vehicles transporting hazardous materials; SB 1959 adjusted permit factors for the North Texas Groundwater Conservation District; SB 1376 changed supervision rules for code enforcement officer trainees; SB 2595 created a new offense for harassing, intimidating, or threatening someone while concealing identity with a mask or similar headgear; SB 1012 authorized sale or lease of certain surplus state property in Austin; SB 2245 revised bonded title procedures; SB 2605 created a municipal housing authority asset commission; SB 3044 expanded and adjusted the board of the Presidio County Underground Water Conservation District; SB 628 clarified county fire code enforcement authority through interlocal agreements; SB 2778 raised the spending threshold for emergency services district employees; SB 3039 addressed public higher education transfer issues; and SB 2523 allowed release from municipal extraterritorial jurisdiction by petition. Most of these bills were passed to engrossment, the three-day rule was suspended, and final passage was completed, often by wide margins. The chamber also took up SB 1844, which would require cities to provide services before expanding taxing areas into limited-purpose jurisdictions; a floor amendment narrowed the bill, and it was passed to engrossment. SB 2284 clarified municipal and county authority over firearms, airguns, archery equipment, and related items, and was passed despite opposition. SB 2529, dealing with the vote threshold for taxing units to adopt higher tax rates or issue tax bonds, prompted extended debate over voter approval and representative decision-making; after questions, the bill was passed to engrossment and held. At the end of the session, the Senate recessed for 20 minutes and announced it would meet as the Caucus of the Whole.

Transcript Highlights:

• One of which was to allow soon-to-be college graduates to apply for civil service jobs three months prior
• :13:13.279> college<00:13:13.680> graduates<00:13:14.079> to<00:13:14.320> apply
• um soon to be college graduates to apply um soon to be college graduates to apply for<00:13:14.800
• to nine of our 10 campuses with apply to nine of our 10 campuses with just<01:37:35.119> a<01
• science programs at the university. science programs at the university.

Keywords: 910, house, all

Transcript Highlights:

• so we would be in support of those amendments to broaden the scope of the bill so it doesn't only apply
• Librarians are on the front lines when they're certified library science professionals who can help with
• <00:33:44.840> major actually hiring a library science major actually hiring a library science
• And when I asked around, other teachers had the same experience in science labs and different kinds of
• We have the Hawaii Public Charter Schools Network in support, Hawaii Academy of Arts and Sciences also

Keywords: 910, house, all

Summary: The House Committee on Education met on February 6 at 2:00 p.m. and heard testimony on a series of education-related bills. HB 1200, which would codify teacher ratios in statute, drew support from the Department of Education, the Democratic Party of the Education Caucus, and 11 individuals; no opposition was noted and the committee moved on without questions. HB 1344, concerning mandatory FAFSA completion, received testimony from the Department of Education, Hawaii P20, and a University of Hawaiʻi student who cited unclaimed Pell Grant funds and low FAFSA completion rates as reasons to support the bill. Committee members asked about current outreach efforts, and DOE and P20 described FAFSA tracking data, hotlines, email support, school-based FAFSA nights, and coordination with counselors; members also raised concerns about federal education funding and Pell Grants. The committee then heard HB 1499, which would authorize staff and volunteers to administer certain medications. The Department of Education, Department of Health, University of Hawaiʻi nursing leadership, and the Hawaii State Center for Nursing all testified in support, along with several individuals and the Democratic Party Environmental Caucus. The next measure, HB 902 on the Public Safety Power Shutoff program, was supported by DOE, the Public Utilities Commission, and Hawaiian Electric, but it prompted extensive questioning from the Vice Chair about whether taxpayers should fund a study to help schools remain open during shutoffs. Hawaiian Electric said the bill would help DOE assess impacts in wildfire-risk areas and noted its wildfire safety strategy, outreach efforts, and potential community resource centers, while the Vice Chair argued the utility should bear more of the cost. The committee also heard HB 961, a bill on school libraries and a CASS pilot program, with DOE offering comments and HSTA and the Hawaii Library Association strongly supporting it. HSTA argued certified librarians are important for literacy, research, and digital literacy, and said many schools lack them because of cost; the association and 14 individuals testified in support. HB 962, a related bill on DOE libraries and the system, also drew support from DOE, HSTA, and the Hawaii Library Association, with 15 individuals in support. Finally, HB 730, concerning the Civil Rights Compliance Branch, received support from DOE, White Children’s Action Network, AAW of Hawaiʻi, and many individuals. Testifiers said the branch needs more resources and training and handles more than Title IX, including Title VI, Title VII, and ADA matters. A student plaintiff in a Title IX lawsuit described unequal treatment in athletics and facilities, and another supporter said the bill would help ensure compliance with federal civil rights laws. No votes were taken during the portion of the meeting provided.

Transcript Highlights:

• THE LAW APPLIES TO ALL PERSONS ACTING AS A DEBT COLLECTOR. AS WELL AS IN-HOUSE DEBT COLLECTORS.
• I SAY TO A LOT OF CLIENTS, THANK GOODNESS WE LIVE IN FLORIDA BECAUSE THE FCCA APPLIES TO ALL PERSONS.
• THAT'S DIFFERENT THAN THE FEDERAL LAW WHICH I LITIGATE EXTENSIVELY ON WHICH ONLY APPLIES TO DEBT COLLECTORS
• REAL CASE THAT APPLIES TO ANY PERSON THAT IS IN THE ORIGINAL CREDITOR IS THE TOOL I USE TO GET A PERSON'S
• USING THE FCCPA BECAUSE THAT APPLIES. >> Chair Leek: SIR I NEED YOU TO WRAP IT UP. >> IF THAT CHANGE

Keywords: 999, senate, all

Transcript Highlights:

• <00:50:32.240> to a section of this that applies to a section of this that applies to transparency
• bachelor of science in psychology. bachelor of science in psychology.
• It does not apply to the self-funded plans.
• <04:18:43.520> is what we do know is that the science is what we do know is that the science
• We follow the science. the medications. We follow the science.

Keywords: 1191, senate, all

Transcript Highlights:

• <00:50:44.799> indicates a scientist that the science indicates a scientist that the science
• <01:08:07.039> Act<01:08:07.760> and<01:08:08.200> the the chips and science
• Act and the the chips and science Act and the inflation<01:08:08.960> reduction<01:08:09.599>
• Even science agrees with this premise.
• Just a reminder that this bill applies to every student of every age in every sport.

Keywords: U.S. House of Representatives Floor Proceedings on Tuesday, January 14, 2025, 1012, house, all

Transcript Highlights:

• As I objective and science-based.
• On the county level, applied in Hawaii.
• This was from New Zealand, but it could easily apply to Hawaii.
• So, this is possibly another way to apply some regulatory pressure.
• If we're apply some regulatory pressure.

Keywords: 910, house, all

Transcript Highlights:

• for a cannabis license uh how to apply for a cannabis license uh to<00:22:05.400> what<00:22:
• So the office offered every single person that had applied at that time the ability to enter into this
• <00:34:48.399> for making sure that people who apply for making sure that people who apply
• for but do so in a way um that applied for but do so in a way um that we<00:34:54.599> think<
• at the same time everyone was applying at the same time and<00:42:37.480> had<00:42:37.640>

Keywords: 1183, house

Summary: The Minnesota House Commerce Committee held its inaugural meeting with Chair Tim O’Driscoll and co-chair Representative Greg Davids opening the session and inviting members to introduce themselves. Members briefly described their districts, business backgrounds, and priorities, with recurring themes including small business competitiveness, insurance and health care access, property and real estate issues, agriculture, and making Minnesota easier to do business in. Committee staff also introduced themselves and reminded members and testifiers about sign-in procedures and microphone use. The committee then heard an overview from Eric Toell, interim director of the Office of Cannabis Management, on the agency’s work and budget priorities. He said the office now oversees adult-use cannabis, medical cannabis, and hemp-derived cannabinoid products, has grown from about nine employees to 90 full-time staff plus temporary workers, and has been working with a Cannabis Advisory Council on testing, warning labels, and implementation issues. He also described outreach efforts, including webinars, newsletters, guidebooks for local governments, and office hours for applicants, along with enforcement of hemp-derived product rules through more than 3,000 inspections and an increase in compliance rates from about 35% to 75%. Toell also reported that the medical cannabis program has surpassed 51,000 patients and nearly 2,500 registered health care providers, and that a chronic pain report found more than a third of patients reported decreased pain. On the adult-use side, he said the office has posted proposed rules for public comment, plans to adopt them after review, and will open a licensing window from February 18 to March 14. He explained that the office is also managing community reinvestment grants and a technical assistance grant, with an emphasis on safeguards to ensure funds reach intended recipients. No votes were taken during this meeting.

Transcript Highlights:

• And right now, the Prior Authorization Act applies to health insurance carriers.
• We hear 'follow the science,' 'follow the science.' Why three years?
• I make my living studying risk. disruption and human-centric impacts as an applied futurist.
• There's also sections that apply to centers, which permit them by right.
• And I just wanted to say this does not apply to police officers. So, thank you.

Bills: SB20, SB53, SB86, SB96, SB129

Keywords: prior authorization, pharmacy benefits manager, PBM, health insurer, prescription drugs, step therapy, formulary, auto-adjudication, electronic portal, appeals, medical necessity, serious mental illness, mental health, schizophrenia, bipolar disorder, major depression, substance use disorder, addiction treatment, cancer, autoimmune disorder

Transcript Highlights:

• Yeah, that I think that thinking applies to all our projects, not just Gallagher Projects.
• What we're lacking then is the ag barn because we want to be able to have animals for the large science
• and small science through two foundations.
• What we're lacking then is the ag barn because we want to be able to have animals for the large science
• and small science classes that are dual credits through EMHU.

Transcript Highlights:

• There's $60 million for school districts to apply to transition to electric buses if they choose to.
• There's $60 million for school districts to apply to transition to electric buses if they choose to.
• There's $60 million for school districts to apply to transition to electric buses if they choose to.
• They are eligible to apply. It's through, I forget what Senate bill it was last year...
• They are eligible to apply.

Keywords: 996, all

Transcript Highlights:

• a patchwork of standards for financial assistance that may pose challenges for patients seeking to apply
• Sadly, many of these bills should be eligible for charity care, but people don't know how to apply.
• What I thought was a discount that would cover most of my bills only applied to a small portion of them
• I was privileged to be on the National Academy of Sciences, Engineering, and Medicine panel that wrote
• My name is Jasmine Wu, and I am a life sciences consultant and aspiring physician.

Keywords: 995, all

Summary: The Joint Committee on Health Care Financing held a public hearing on a large docket focused on primary care, workforce development, and medical debt. Chairs Cindy Friedman and John Lawn outlined hearing procedures and noted that testimony would be taken on 17 matters. The committee first heard testimony on bills to establish a community health center nurse practitioner residency program and to strengthen mental health centers. Senator Keenan, Rep. Keefe, and health center leaders described the Worcester nurse practitioner residency as a successful pipeline and retention strategy, citing workforce shortages, training needs in community health centers, and the cost of the program. Rep. O’Day also supported the mental health centers bill, saying it would raise payment rates, improve reimbursement for behavioral health services, and help clinics retain staff and expand access. The committee then took testimony on bills to address medical debt through hospital financial assistance reform. The Attorney General’s Office, Health Care for All, Health Law Advocates, the Leukemia and Lymphoma Society, and individual patients supported the measure, arguing that hospital financial assistance policies are inconsistent, hard to find, and difficult to navigate. Witnesses said the bill would standardize eligibility criteria, create a uniform application, improve notice requirements, and expand access to discounted care up to 400% of the federal poverty level. Several personal stories described medical bills being sent to collections, confusion over insurance billing, and the burden of debt on low-income and chronically ill patients. Committee members asked about hospital concerns, the role of the health safety net, and whether the bill addressed root causes of medical debt; testimony emphasized that the proposal was meant to improve transparency and access rather than replace broader insurance reforms. The hearing also focused heavily on “Primary Care for You” legislation, H. 1370 and S. 867, which would increase primary care investment and create a new payment model. Rep. Haggerty, physicians, a patient, community health center leaders, and the Massachusetts League of Community Health Centers described a primary care crisis marked by low reimbursement, staffing shortages, long waits, burnout, and difficulty recruiting clinicians. Supporters said the bills would shift spending toward preventive, team-based care, improve access and equity, and reduce long-term costs. The Massachusetts Association of Health Plans said it was directionally supportive of increased primary care investment but warned that any new spending must stay within the cost growth benchmark and preserve existing contracting structures. The hearing ended with additional testimony on a community health center workforce and loan repayment grant bill from Rep. Stanley, and with further discussion from Dr. Alan Garo about the need for payment reform in primary care.

Transcript Highlights:

• I think many of your points were well made, and they probably applied to all the regions of the state
• Well made and they probably apply to all the regions of the center of Texas.
• And that ruling was only applied to those types of claims, not any other constitutional claim under the
• I also want to add that I lived in Harris County before moving to El Paso, and I guess my point applies
• Lord Acton's warning that power corrupts and absolute power corrupts absolutely applies regardless of

Summary: The Senate Special Committee on Congressional Redistricting met virtually for its West Texas regional hearing, established a quorum, and explained that the hearing was part of a series of statewide information-gathering sessions before any map was filed. The chair outlined the Zoom procedures, the two-minute testimony limit, and the availability of written comments through the committee’s public portal. Senators also discussed the logistics and transparency of the process, including the expectation that any proposed map or amendment would be made public once filed and that additional hearings would follow. Senator Blanco, whose district includes West Texas and the border region, said the area’s communities of interest should be kept together and warned against repeating the loss of representation that followed the last redistricting cycle. Senators Alvarado, Hinojosa, Miles, and others debated the value of virtual hearings versus in-person hearings, the number of people who had testified, and whether the committee could subpoena witnesses after the regional hearings ended. The chair said he was awaiting legal guidance and would consider a subpoena motion at a formal meeting the next day. A lengthy exchange also occurred over the tone of public testimony and the chair’s view that some comments directed at Republicans and the president had been offensive or historically inaccurate. Invited witnesses and public commenters largely opposed mid-decade redistricting and argued that any new map should reflect population growth, especially among Latino and other minority communities, and comply with the Voting Rights Act. Nina Perales of MALDEF said the hearings were not meaningful without a draft map and testified that Texas has a long history of discriminatory redistricting; senators questioned her about litigation, DOJ’s July 7 letter, and the 2021 congressional map. Tania Chavez Camacho, Luis Figueroa, and several El Paso residents emphasized that maps should preserve communities of interest, avoid cracking and packing, and be transparent and participatory. A smaller number of witnesses supported redistricting, including one El Paso resident who said the current districting leaves the area underrepresented and another who argued that some communities want to return to a map closer to the earlier District 16 configuration. Several witnesses also criticized the DOJ letter as inconsistent with the state’s position that the 2021 maps were drawn race-blind, while others said the current process was too rushed and lacked sufficient public input.

Transcript Highlights:

• Um she has a degree in political science Um she has a degree in political science and<00:06:27.600>
• They just apply and it's kind of uh basically given. >> No.
• One of many entities that can apply. >> It would be simple.
• They have to apply.
• <00:28:53.480> and um have more not-for-profits apply and um have more not-for-profits apply

Keywords: 1189, house, all

Summary: The committee began with brief remarks recognizing Representative Almquist’s service and noting that he would not seek reelection, along with comments about other members’ departures and replacements. The chair then opened a series of interim study work sessions, explaining that some bills would be handled now and school-funding-related bills later in the year. Members also discussed how interim study reports work, including that they are recommendations for future legislation and do not prevent anyone from filing similar bills again. On HB 224, dealing with rebates to taxpayers from the renewable energy fund, members noted that the bill was essentially the same as a prior House bill that passed the House but stalled in conference with the Senate. The committee discussed whether the measure would change current law; members were told it would not, and that the report would simply recommend future legislation. The chair indicated the committee would likely recommend the bill for future legislation, with no minority report, and that any roll call vote would be reflected in the final report. On HB 417, repealing the communication services tax, members raised concerns about revenue loss, possible 911-related issues, and conflicts over municipal taxation of telephone poles and related property. The Lottery Director and others explained that repeal could create legal uncertainty for municipalities and that the bill could reduce state revenue by millions of dollars. The committee concluded the bill should not be recommended for future legislation unless it were substantially revised to address revenue and municipal-taxation complications. On HB 635, concerning taxing nonprofit entities that settle illegal immigrants, members agreed it was primarily a federal issue and outside the state’s authority, so it was not recommended for future legislation. On HB 660, requiring historic horse racing facilities to compensate host communities, members said the concept of mitigating local impacts was reasonable but the bill was too broad in its current form. Testimony from the Lottery Director and others focused on how host communities and charities currently receive days and revenue, how operators are using shared days, and how the market may already be adjusting. Members also discussed whether neighboring communities, including out-of-state towns, should be considered and whether the state’s share of gaming revenue could be redirected. The discussion ended with interest in a narrower rewrite and possible future legislation, but no final vote was described in the excerpt.

Transcript Highlights:

• <00:21:46.559> And<00:21:46.799> then doesn't apply to anyone else.
• And then doesn't apply to anyone else.
• So TRS instituted a personalized medicine program, and the science behind this personalized medicine
• So, we are getting the word out to the KRS members that it applies to. Awesome.
• applies to. applies to.

Keywords: Meeting Start: 00:00:35 Attendance Roll Call: 00:00:55 Approval of Minutes: 00:02:56 Deferred Compensation Authority Update: 00:03:12 Retiree Health Update - TRS: 00:15:58 Retiree Health Update - KPPA: 00:56:13 Adjournment: 01:20:33, 958, all

Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.

Transcript Highlights:

• It says nonprofits are included, but it does not say that it applies exclusively to nonprofits, so uh
• <00:25:09.480> exclusively<00:25:10.120> to say that it applies exclusively to say
• that it applies exclusively to nonprofits<00:25:11.480> so<00:25:12.120> uh<00:25:12.279
• We failed to show that we could, on a bipartisan basis, stand up for science, stand up to save lives.
• stand up to basis stand up for science stand up to save<01:55:30.800> lives<01:55:31.119>

Keywords: 1183, house