Transcript Highlights:

• Because we're not pre-funding the liability, the new liabilities that would be created because of this
• the new liabilities that would be created because of this enhancement and benefits the liability the
• new liabilities that would be created because of this enhancement and benefits that's effectively what
• Senate Bill 1504 will create a substantial unfunded liability. Mr. Ponder spoke to that.
• Just in that, in that, I'm starting about unfunded liabilities and that sort of thing.

Bills: SB1046, SB1317, SB1376, SB1416, SB1448, SB1471, SB1493, SB1498, SB1502, SB1504, SB1538, SB1544, SB1550, SB1579, SB1581, SB1584, SB1624, SB1673

Keywords: telecommunications, broadband, internet infrastructure, critical infrastructure, cybersecurity, national security, foreign adversary, China, Chinese equipment, supply chain security, network equipment, microchips, Arizona Corporation Commission, telecommunications provider, communications infrastructure, Huawei, ZTE, state-owned enterprise, sanctions, infrastructure security

Transcript Highlights:

• Like, aren't they sort of exposed to potential liability just for sort of being an active citizen?
• just for sort of being an liability just for sort of being an active<00:11:16.480> citizen?
• And, um, from my perspective, subjecting them to potential criminal liability for attempting to be a
• And, um, from my perspective, subjecting them to potential criminal liability for attempting to be a
• And, um, from my perspective, subjecting them to potential criminal liability for attempting to be a

Keywords: 1191, senate, all

Transcript Highlights:

• This bill relates to the liability of a water park entity for injuries arising from certain activities
• Our total liability coverage has fallen over 50%.
• In addition, our retained liability has risen by 150%.
• That has caused them a 93% increase in liability insurance this year alone.
• The liability claim… we were subsequently sued for a million dollars on this claim.

Bills: HB4806

Keywords: civil action, damages, health care services, noneconomic damages, negligence, legal standards, 1184, house, all

Transcript Highlights:

• But on the other hand, I think the liability is one piece of this.
• The bill does tighten up, uh, and address some of the liability issues.
• So that's how that liability is assigned. Any questions?
• In other words, does that, does that transfer the liability then?
• And by taking that, they're, they're being transferred that liability.

Transcript Highlights:

• One of the practices in some litigation on the defense side is selling liability, to bundle liability
• You know, one of the practices in some litigation on the defense side is selling liability to bundle
• Indemnification is security against legal liability for one's actions.
• Indemification is security against legal liability for one's actions.
• Coincidentally, this is the exact language for the acts that are covered by my professional liability

Bills: S0144, S0192, S0332, S0532, S0620, S0694, S0820, S0888, S1000, S1224, S1396, S1500

Keywords: public records, employee protection, Judicial Qualifications Commission, information exemption, confidentiality, chiropractic physician, chiropractor, patient trust funds, escrow, advance payments, prepaid treatment, trust account, fiduciary duty, patient property, Florida Statutes 460.413, Board of Chiropractic Medicine, disciplinary action, commingling of funds, client funds, medical billing

Summary: The Senate Judiciary Committee met with a quorum present and first postponed SB 532. It then heard and approved SB 620, which requires candidates for federal, state, county, district, judicial, and school board office to disclose any citizenship other than U.S. citizenship. The bill drew one waiver in opposition from Common Cause and passed 8-0. The committee also heard SB 1396 on litigation financing consumer protection. Supporters said it would add transparency, limit funder control over litigation, and require disclosure of foreign entities involved in funding; opponents argued it would create strategic advantages for defendants and could burden plaintiffs. The bill passed 7-2. The committee later approved SB 192, repealing a $1,500 cap on patient funds held in trust by chiropractic physicians, and SB 888, extending limits on indemnity and insurance requirements for design professionals in private contracts; both passed unanimously among those voting. The committee also approved several Judiciary-related measures. CS/SB 332, as amended, creates a narrow temporary public meetings/public records exemption for certain pre-suit Burt Harris litigation strategy discussions by local governments, and passed 7-0. SB 820, which strengthens quarterly reporting requirements for problem-solving courts, passed 10-0. SB 1500, implementing probate process recommendations to raise small-estate thresholds, clarify access to safe deposit boxes, and improve enforcement in uncontested probate, also passed 10-0. SB 144, creating a public records exemption for personal information of current and former Judicial Qualifications Commission employees and their families due to harassment concerns, passed 9-1. The committee then approved CS/SB 1224, as amended, making it a third-degree felony to fraudulently obtain possession of a rental unit through false written statements, counterfeit documents, or impersonation; the bill passed 10-0. SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts tied to the Wall Street Journal prime rate, passed 10-0 after testimony from banking and credit union representatives and support from Senate leadership. Finally, CS/SB 694, providing compensation to the descendants of the Groveland Four, was heard with emotional testimony from family members and advocates describing the wrongful convictions, killings, and decades-long effort for redress; an amendment specified equal shares for the four families, and the bill passed 10-0. Several members requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.

Transcript Highlights:

• year to talk about more ways to improve affordability and for longer-term solutions on wildfire liability
• We need to set limits on strict liability for utility wildfire damages that creates unlimited ratepayer
• and inverse condemnation as we go forward, because the liability fund is not sustainable for ratepayers
• The liability fund is not sustainable for ratepayers to keep adding $9 billion at a time and then putting
• Because of inverse condemnation in the state of California, we have a very strict liability construct

Summary: The Assembly Committee on Utilities and Energy convened with a quorum and first heard SB 254, a major utility affordability and wildfire package authored by Senator Becker and coauthored by Assemblymember Petrie-Norris. The bill was described as combining wildfire mitigation reforms, $6 billion in securitized financing for future fire-mitigation capital spending, a public ownership/transmission financing program, tighter scrutiny of utility profits, clean energy permitting streamlining, stronger customer connection timelines, and a successor wildfire fund/continuation account to replace the current fund. Supporters, including the Governor’s office, TURN, labor, clean energy groups, utilities, and public advocates, said the measure would lower bills, stabilize utilities, protect fire victims, and reduce wildfire-related bankruptcy risk. Opponents and some local government groups raised concerns about affordability impacts, the volumetric wildfire fee, strict liability, and provisions they said could affect local control. After discussion, the committee approved SB 254 on a 16-0 vote and sent it to the floor. The committee then held an informational hearing on AB 825, which would enable California to participate in a West-wide electricity market. The authors said the proposal could save ratepayers up to $1 billion annually, improve reliability by allowing California to draw on a larger regional supply, reduce curtailment of renewable power, and lower greenhouse gas emissions. Support came from environmental organizations, labor, utilities, community choice aggregators, large energy users, and the Public Advocates Office, all emphasizing cost savings, reliability, and cleaner energy integration. TURN opposed the measure, warning that last-minute amendments removed safeguards against subsidizing out-of-state fossil generation and could expose California ratepayers to unwanted costs. Members questioned governance, exit rights, CPUC oversight, and local control, and the authors responded that the bill includes multiple safeguards, legislative reporting, the ability to exit without penalty, and continued local consultation. No vote was taken because the hearing was informational only.

Transcript Highlights:

• We would definitely want to make sure we have zero unfunded actuarial liability.
• But long term, our objective is to have no unfunded actuarial liability, but I don't know exactly the
• And then could you tell us if the liabilities from last year have been covered, or do we have excess
• And then could you tell us if the liabilities from last year have been covered, or do we have excess
• So if you think of a giant stack of liability that an insurance company will have, they've got a lot

Summary: The Government Operations Subcommittee met with a quorum and began with member introductions and remarks from the chair emphasizing the committee’s focus on government efficiency, accountability, and oversight of executive branch agencies. Members shared their districts and backgrounds, with several noting hurricane recovery in their communities and a shared interest in reducing bureaucracy and improving service to Floridians. The committee’s only presentation was from Chris Spencer, Executive Director of the State Board of Administration, who gave an overview of the SBA’s governance structure, investment responsibilities, and divestment policies. He explained the SBA’s management of more than $257 billion in assets, including the Florida Retirement System, the Florida Hurricane Catastrophe Fund, and Florida PRIME, and reviewed the Protecting Florida’s Investments Act restrictions covering Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He also described the implementation of HB 7071, including the required divestment from direct holdings in Chinese companies, and said the SBA had reduced its direct Chinese holdings from 33 companies totaling over $172 million to 13 companies totaling about $64 million, with completion expected ahead of the September 1, 2025 deadline. Members asked detailed questions about the Israel boycott list, Morningstar and MSCI, how the SBA gathers information, whether Cuba’s federal designation changes affect Florida law, how companies are removed from scrutinized lists, and whether divestment timing could affect returns. Spencer said the SBA uses public and paid research sources, gives companies a 90-day cure period in some cases, and brings list changes to the trustees for approval. He also explained that the China benchmark change is intended to reduce passive exposure while still allowing active investment decisions, and said the PFIA restrictions have had a modestly positive overall effect on pension performance. The chair also asked about the Florida Retirement System funded ratio and the CAT Fund’s capacity; Spencer said the pension fund is at 80.7% funded, that actuarial assumptions are reviewed regularly, and that the CAT Fund currently has more than $10.5 billion in liquid claims-paying capacity and is expected to remain well positioned for hurricane losses. No votes were taken, and the meeting adjourned after the presentation and questions.

Transcript Highlights:

• The first was a concern of the state treasurer to cap the guarantee liability that is on here, so that
• , the existing debt that, um, that New Hampshire Housing has liability for right now is 460 million,
• So it’s a dramatic expansion of 100 million to 300 million of potential liability.
• the on on the balance sheet uh liability the on on the balance sheet uh liability would<00:04:48.120
• This bill is one of those tweaks. liability differently not using the um liability differently not using

Keywords: 1191, senate, all

Transcript Highlights:

• <03:54:00.399> coverage explore uh expanded liability coverage explore uh expanded liability
• they typically take uh liability they typically take uh liability insurance. insurance. insurance
• So is that uh this uh this liability So is that uh this uh this liability insurance<04:02:56.239
• <04:07:03.199> uh challenges and the same liability uh challenges and the same liability uh
• side of things which includes liability side of things which includes liability insurance<04:08:

Keywords: 1189, house, all

Transcript Highlights:

• safety net providers are looking to policymakers to provide clarity in several areas, including liability
• And there is this tension because right now, current law puts much of that liability on deployers, and
• “Their liability, what their role is, what they need from the companies that they’re contracting with
• So I just wanted you to talk about sort of what you would like to see out of developer liability.
• So what would be helpful, I think, is either banning these complete disclaimers of liability or passing

Summary: The joint informational hearing of the Assembly Health and Privacy Committees focused on generative AI in health care, with opening remarks emphasizing both its potential to improve care and its risks around privacy, bias, liability, workforce impacts, and unequal access. Chair Bauer-Kahan and Chair Bonta framed the discussion around how California can encourage beneficial innovation while protecting patients, especially given the sensitivity of health data and the possibility that AI could worsen existing disparities if not carefully governed. The first panel featured representatives from Cedars-Sinai, Kaiser Permanente, Penguin AI, and Google, who described current uses of AI such as ambient clinical scribes, nursing documentation tools, imaging triage, maternal-fetal risk prediction, and administrative automation. Speakers said these tools can reduce clinician burden, improve patient experience, speed treatment, and in some cases improve outcomes, including a reported mortality benefit from a Kaiser predictive model and faster thrombectomy times at Cedars-Sinai. Members raised concerns about accuracy with accents and multilingual visits, whether predictive tools could reinforce bias or lead to more interventions such as C-sections, and how to ensure a human remains in the loop for important decisions. The second panel, including representatives from the California Health Care Foundation, UC Berkeley, and Stanford, focused on policy and governance challenges. Testimony highlighted examples of AI supporting homelessness outreach and community health work, but also warned that biased algorithms can encode inequities, especially when trained on data that reflect under-treatment of Black, rural, or low-income patients. Witnesses urged clearer standards for trustworthy AI, stronger monitoring and governance structures, better data access for accountability, and attention to the safety net’s limited resources. Several speakers argued that states should require health systems to have AI governance processes, clarify liability between developers and deployers, and regulate downstream uses of AI while preserving access to data for lifesaving research and oversight.

Transcript Highlights:

• in committee is this, that the coal industry would have to pay 50% of their coal conversion tax liability
• associated with the defined benefits. ...pay down the pension liability associated with the defined
• associated with the defined benefits. pay down the pension liability associated with the defined benefit
• House Bill 1040 committed to paying the $1.9 billion liability by 2056.
• ADEC is the rate we need to charge the applicable employers to pay off the unfunded liability in 30 and

Keywords: 908, all

Summary: The Senate convened with prayer, pledge, roll call, and a quorum present, then approved a motion to lay over House Bill 1525 for one legislative day. It also voted not to concur with House amendments on Senate Bills 2294, 2297, 2070, 4017, and 2262, appointing conference committees for each. The chamber then took up a series of House bill amendments and final-passage votes. On amendments, the Senate adopted changes to House Bill 1229 on fleeing law enforcement and driving-record transparency after debate over insurance impacts and public safety; House Bill 1510 on teacher retention, on-site child care, and licensure study language; House Bill 1160 to restrict student personal electronic devices during instructional time; House Bill 1429 to address drone harassment and stalking of animals; House Bill 1203 to harmonize medical marijuana provisions; House Bill 1600 to create a UND immigration clinic with reporting requirements; House Bill 1130 to broaden K-12 funding formula changes and reduce state fiscal impact; House Bill 1279 to modify the coal conversion tax exemption; House Bill 1442 to adjust membership and scope of a state task force; and House Bill 1464 to convert a maternal care services proposal into a study and remove the appropriation. The Senate rejected an amendment to House Bill 1022 concerning the Retirement and Investment Office bonus program, then passed the bill. It also passed House Bill 1234 on a $90 million transfer to reduce PERS liability, while rejecting a floor amendment to it. On final passage, the Senate passed House Bills 1008 (Public Service Commission budget), 1218 (temporary moratorium and study on economic analysis for drain projects), 1234 (PERS funding transfer), 1146 (PERS defined contribution cleanup and emergency clause), 1355 (expanded notice for administrative rulemaking), 1470 (Game and Fish fee changes and guide/outfitter updates), 1029 (Capital Grounds Planning Commission duties), 1017 (Game and Fish budget), 1374 (township supervisor open-meeting exemption for on-site inspections), and 1064 (NC-SARA membership and distance education regulation). It defeated House Bill 1583 on false political advertisements with civil-action language and House Bill 1393 on earned wage access provider regulation. The transcript ends as the Senate begins consideration of House Bill 1326 on self-defense and unlawful firearm possession by felons.

Transcript Highlights:

• limitations as public building liability limitations as public building officials.<00:59:14.559>
• Well, I'd say it's a business liability.
• or architects are in the same liability or architects are in the same boat,<01:01:46.160> right?
• So whatever they have for liability now isn't really going to change.
• <01:03:35.280> of party to the liability of party to the liability of the<01:03:37.280>

Keywords: 1189, house, all

Transcript Highlights:

• So they're driving uninsured for liability purposes. We need to stop this.
• House Bill 718 by Representative Bourriaque is an act in Title 9 relative to limitation of liability
• So it's a big limitation of liability for large landowners.
• Removing this paragraph does not change the fact that they would still have limitation of liability on
• , to remove the requirement that such monies be applied to the oldest system liabilities first.

Bills: SR134, SR135, SR136, SR137, SR140, SR141, SR142, SCR75, SCR77, SCR12, HB75, HB1199, HB221, HCR89, HCR96, HCR103, HCR108, HCR58, HB9, HB177, HB181, HB198, HB202, HB223, HB225, HB387, HB398, HB457, HB459, HB540, HB591, HB616, HB766, HB775, HB783, HB797, HB895, HB906, HB950, HB975, HB1028, HB1052, HB1057, HB1076, HB1100, HB1139, HB1155, HB1160, HB1182, HB1186, HB1220, HB1222, HB1223, HB1224, HB1228, HB1231, HB1245, HB1256, SCR3, SB393, SB401, SB415, SB426, SB435, SB487, SB488, SB523, SB56, SB163, SB341, SB504, SB322, SCR9, SCR58, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, SB514, HCR27, HCR28, HCR66, HCR67, HCR72, HCR31, HCR47, HCR41, HB363, HB368, HB377, HB380, HB386, HB392, HB431, HB441, HB559, HB664, HB685, HB715, HB741, HB822, HB856, HB908, HB980, HB990, HB999, HB1010, HB1243, HB54, HB137, HB180, HB192, HB310, HB321, HB396, HB512, HB552, HB578, HB638, HB663, HB708, HB717, HB718, HB1009, HB1082, HB1104, HB1107, HB1198, HB1246, HB27, HB143, HB205, HB259, HB267, HB288, HB308, HB403, HB405, HB414, HB417, HB478, HB546, HB548, HB555, HB557, HB609, HB670, HB672, HB740, HB779, HB786, HB796, HB812, HB848, HB915, HB917, HB921, HB930, HB933, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1187, HB1195, HB1230, HB316, HB511, HB799, HB1039, HB12, HB66, HB145, HB167, HB196, HB213, HB218, HB222, HB256, HB291, HB326, HB352, HB401, HB430, HB433, HB434, HB448, HB456, HB476, HB481, HB487, HB492, HB549, HB579, HB608, HB621, HB624, HB626, HB632, HB637, HB656, HB722, HB745, HB804, HB818, HB821, HB833, HB864, HB867, HB874, HB893, HB909, HB951, HB968, HB969, HB978, HB979, HB988, HB989, HB1001, HB1005, HB1007, HB1024, HB1032, HB1038, HB1050, HB1051, HB1056, HB1059, HB1077, HB1080, HB1081, HB1086, HB1108, HB1112, HB1153, HB1172, HB1173, HB1175, HB1192, HB1193, HB1204, HB1218, HB1242, HB1244, HB1249, HB1252, HB1254, HB17, HB36, HB41, HB47, HB73, HB126, HB133, HB140, HB159, HB166, HB211, HB226, HB271, HB324, HB337, HB351, HB399, HB571, HB712, HB723, HB726, HB750, HB759, HB844, HB966, HB1006, HB1018, HB1036, SB29, SB42, SB43, SB78, SB208, SB217, SB274, SB300, SB379, SB382, SB387, SB441, SB449, HB74, HB134, HB258, HB359, HB468, HB956, HB1117, SB149

Keywords: SR134, Senate Resolution 134, Isaac Herzenberg, Metairie Park Country Day School, Country Day, javelin, track and field, Class 2A, state championship, high school athletics, student athlete, Louisiana Senate commendation, honorary resolution, sports recognition, University of Nebraska, Baton Rouge, LSU Bernie Moore Track Stadium, sportsmanship, collegiate athletics, condolence resolution

Transcript Highlights:

• a county in your district, to focus on and learn all about their current assets, their current liabilities
• Interestingly, Chart 7 reveals that liabilities grew the most in the major funds and remain somewhat
• and can be converted to cash for use by the government within the fiscal year, and also current liabilities
• Most counties have sufficient short-term assets to cover their short-term liabilities.
• In FY 24, the median cash ratio was $24 in assets for $1 in liabilities.

Transcript Highlights:

• And then third-party liability is another component of this capital project, and that is for ensuring
• And then third-party liability is another component of this capital project, and that is for ensuring
• That's what the third-party liability system is for.
• /c> third-party liability is another third-party liability is another component<00:13:01.760> of
• <00:13:25.120> efforts<00:13:25.519> are liability system is for. efforts are liability

Keywords: 928, house, all

Summary: The committee approved the minutes from its June 30 meeting and then considered Capital Project 2515, a request from the Pease Development Authority Division of Ports and Harbors to spend up to $125,000 from the Harbor Dredging and Pier Maintenance Fund to replace a deteriorated 99-foot floating dock at Rye Harbor. Acting Director Richard Hartley said the dock is used for passenger loading and unloading for charters and whale-watching tours and is in poor condition. Representative Edgar moved approval, Representative Wiler seconded, and the motion carried. The committee then received several informational items, including quarterly and maintenance reports from the Department of Administrative Services, the Community College System of New Hampshire, and the Pease Development Authority. It also heard a presentation from the Department of Health and Human Services on Capital Project 2516, the Beneficiary Service Improvement project supporting closed-loop referrals and related systems. DHHS described the project as a mix of Medicaid enterprise functions and New Hampshire Care Connections tools, including provider modules, third-party liability, event notifications, and closed-loop referrals to connect health and human service providers. Officials said the project is largely federally funded, with capital funds representing only part of the overall effort. Members asked about the accounting breakdown, prior committee review, provider participation, patient experience, and public response. Representative Burr questioned whether the project had been fully presented previously and raised concerns about the scope and necessity of the $8 million effort; DHHS responded that earlier work was discussed in other committees and that the current presentation covered only capital funds. Senator Waters asked about user response and patient experience, and DHHS said feedback has been generally positive but the system is still in design and implementation. In response to questions about participation, DHHS said 84 providers are currently on the network and clarified that a “provider” generally means an individual organization or health system, not each individual clinician. The committee also set its next meeting for December 9 at 9:00 a.m. at Granite Place, Room 228, and then adjourned.

Transcript Highlights:

• All these people in New Mexico, but won't make any money and have a tax liability to apply the credits
• Well, I hope a lot of people have tax liabilities, Mr. Chair. Otherwise, we have a weak tax system.
• Chair and Representative Chandler, if it's a PIT credit, it could be someone who has a PIT liability.
• If a data center had revenue and added tax liability, they could certainly acquire that credit.
• You can have a taxpayer now who doesn't Have tax liabilities, so they have a credit sitting on their

Keywords: 996, all

Transcript Highlights:

• If we have a liability, it's going to be more than 2 million.
• And I think the liabilities aspect is where we're concerned. Thank you. And I think Ms.
• So these are GSD rates that are being charged at a higher rate for liability.
• Does that change potentially the liabilities, Mr. Chair, members of the committee?
• I think liability is an issue. Thank you, Mr. Chair, and thank you, presenters.

Keywords: 996, all

Transcript Highlights:

• Um, the current statute has requirements relating to liability insurance for the association.
• requirements relating to liability requirements relating to liability insurance<00:49:03.839>
• don't cause the association to have an adverse liability history on their insurance.
• Um, I would just like to clarify on the primary liability insurance.
• insurer not the be the primary liability insurer not the association.

Bills: HF4075, HF3826, HF3825, HF3827, HF3459, HF3711, HF4200, HF3908, HF3712

Keywords: firearm restrictions, domestic violence, public safety, court orders, criminal convictions, identity theft, subpoena authority, fraud, statute of limitations, financial crime, victim notification, expungement, criminal justice, plea agreements, minor victims, identification protection, stalking, crime data, Bureau of Criminal Apprehension, law enforcement grants

Transcript Highlights:

• Members, we will turn to tab 15 and take up Senate Bill 1284 on civil liability for the wrongful death
• We don’t know if that child is going to... and on top of it, this potential for civil liability.
• Three, adoption and liability notice.
• That's Senate Bill 724 related to property owner liability.
• The bill imposes strict liability even for healthy trees. We're talking about healthy trees here.

Summary: The Judiciary Committee heard Senate Bill 1272 on guardianship, which would limit a guardian’s ability to isolate an adult ward from family and require notice of major events such as a ward’s death or relocation to a more restrictive setting. Senator Jones and supportive speakers said the bill was intended to protect wards from abuse and isolation by bad actors, while still preserving good-faith guardianship. With no opposition testimony or debate, the committee voted 8-0 to report the bill favorably. The committee then considered CS for Senate Bill 1284, which would expand Florida’s Wrongful Death Act to allow civil claims for the death of an unborn child. An amendment was adopted to define “unborn child” as a member of the species Homo sapiens carried in the womb and to state that the act does not authorize claims against the mother or against health care providers acting within the lawful standard of care. The bill drew extensive debate and testimony. Supporters argued it would give parents parity and fuller damages, including economic losses and mental anguish, when negligence causes the death of an unborn child. Opponents, including the ACLU, medical professionals, and reproductive rights advocates, warned it could be used to target abortion care, increase malpractice exposure, worsen physician shortages, and create speculative damages. The committee approved the bill 6-4. Finally, the committee took up Senate Bill 1288 on parental rights, with a strike-all amendment that would strengthen parental control over minors’ medical decisions, surveys, and biofeedback devices, while adding exceptions for emergencies, court orders, certain legal statuses, and situations involving abuse or out-of-home placement. Supporters said the measure restores parents as primary decision-makers and protects children from inappropriate questioning or treatment without consent. Opponents argued it could block minors from confidential care for STIs, mental health, or abuse-related issues, and could chill school and medical screenings. The transcript ends during testimony and debate on this bill, before any final vote is shown.

Transcript Highlights:

• That's due to one-time funding last session, which was provided to eliminate the unfunded liability of
• It's designed to reduce the risk of the unfunded liability creeping up again.
• Really what I should have put there is the unfunded actuarially accrued liability.
• So what's really what I should have put there is the unfunded actuarially accrued liability.
• The agency is requesting $7.2 million over the biennium to help with your unfunded liability.

Summary: The Senate Finance Committee heard budget presentations for the Texas Historical Commission, the Pension Review Board, the Employees Retirement System (ERS), Social Security and benefit replacement pay, the Texas Emergency Services Retirement System (TESSRS), and the Cancer Prevention and Research Institute of Texas (CPRIT). The Legislative Budget Board outlined recommendations and major changes for each agency, including reductions tied to one-time projects at the Historical Commission, continued funding for courthouse grants, heritage trails, and Holocaust/genocide education, as well as new or modified riders and capital items. For the pension-related items, LBB described funding changes for PRB, ERS, Social Security, and TESSRS, including ERS health plan cost growth driven largely by pharmacy costs, the status of pension funding reforms, and TESSRS’s request for additional state support to address its unfunded liability and staffing needs. Members asked extensive questions about the Historical Commission’s one-time funding, unexpended balance authority, courthouse preservation, the Presidio La Bahia and National Museum of the Pacific War projects, and coordination of Texas history messaging across sites such as the Alamo, San Jacinto, Washington on the Brazos, and other heritage locations. The Historical Commission chair emphasized heritage tourism, economic development, and the need for continued investment in historic sites, staffing, IT modernization, and vehicles. On the pension items, senators discussed PRB oversight of local systems, including the Dallas police and fire pension situation, and ERS investment returns, benchmark comparisons, and rising health costs. ERS officials said the plan remains well funded overall, noted a 2021 cash balance reform and a planned supplemental legacy payment, and explained that GLP-1 drugs such as Ozempic and Mounjaro are a major driver of pharmacy spending; they also said the agency is working with the Texas Pharmacy Initiative and that rebates are contractually returned to ERS. For TESSRS, LBB and agency staff said the system serves volunteer and part-paid emergency personnel, is facing an infinite amortization period, and is requesting additional appropriations, staffing, and IT funding, along with a statutory change to allow an actuarially determined state contribution. The agency said it may otherwise need to cut benefits for volunteer firefighters. For CPRIT, LBB reported about $600 million in recommended funding for the biennium and a 10-FTE increase, while the agency described its $6 billion voter-approved program, $3.75 billion in grants awarded to date, and $10.4 million in revenue sharing since 2011. CPRIT’s only exceptional item was a request for a 10% salary increase for two exempt positions. No committee votes or formal actions were taken in the transcript.