Video & Transcript Research : 'settlement'
Page 12 of 117
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (05/13/2026)
Transcript Highlights:
- system, a settlement create a settlement system, a settlement layer<00:23:31.720>
that <00:23: - >
outside <00:29:28.480>of So, outside of settlement, outside of So, outside of settlement - peer-to-peer settlement. peer-to-peer settlement.
- We simply are a settlement layer.
- obviously, just atomic settlement obviously, just atomic settlement between<01:14:59.160>
a
Summary:
The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients.
JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets.
The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services Oct 7th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- Not to collect them, but to create pressure for settlement and maybe obtain a higher settlement amount
- . create pressure for settlement and maybe obtain a higher settlement amount.
- There have been efforts to Promote, you know, early apology and early settlement.
- Against you in court if you can't reach a settlement early.
- if they end up forming part of the settlement.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 1 on Health Feb 24th, 2025
Transcript Highlights:
- My last question is around the opioid settlement fund. Or is that for the next panel? Okay.
- Can you just describe for us the source of the settlement fund and why the funds are decreasing?
- They restructured themselves, and now we no longer have access to those settlement dollars.
- You know, I don't know if we expect more settlements.
- I know that this money is funded with opioid settlement dollars.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 3/11/26
Housing Finance and Policy
Transcript Highlights:
- <00:02:43.519>
that dollars from the Tyler settlement that dollars from the Tyler settlement - because they are from the settlement because they are from the settlement related<00:07:21.599><
- :07:34.639>
state <00:07:34.880>put settlement dollars that the state put settlement dollars - So, I have a little bit of settlement.
- that could have a future settlement that could have a future settlement involved.<00:25:19.919><
Keywords:
HF3403, emergency rental assistance, rental aid, homelessness prevention, housing crisis, imminent risk of homelessness, eviction prevention, county aid, Tribal governments, local government aids, general fund appropriation, Minnesota revenue commissioner, poverty level, low-income housing, housing stability, family homeless prevention and assistance, emergency housing assistance, HF2687, single-family homes, corporate landlords
KY
Kentucky 2026 Regular Session
Legislative Ethics Commission (2-2-26) - Part 2
Transcript Highlights:
- that Representative Gber wishes to waive the adjudicatory hearing for purposes of accepting the settlement
- And does enforcement counsel recommend this settlement if agreed to by Mr.
- Uh, have all commission members looked over the proposed settlement agreement?
- Is there a motion that we accept the agreed settlement? >> Motion made and seconded.
- We will now sign the agreed order and settlement. And, yeah, yeah, yeah, shadow too.
Summary:
The commission reconvened in open session and announced it had reached a settlement that would avoid a full adjudicatory hearing. Counsel for Representative Gber waived the hearing and agreed to the settlement, and enforcement counsel recommended acceptance. The commission then voted unanimously to accept the agreed settlement.
The matter proceeded to an ethics charge involving a proposed finding of probable cause, an agreed order, and a public reprimand. Representative Gber was sworn in and confirmed that he had seen and agreed to the proposed order, waived the adjudicatory hearing, agreed to the findings of violations and penalties in the agreed order, and waived his right to appeal. The commission accepted the agreement and stated that the matter before it was concluded.
After the settlement, the chair noted that pending motions related to the case were dismissed and thanked the witnesses for attending, even though they did not have to testify. The chair and Representative Gber each made brief remarks about the long and difficult process, the complexity of the case, and the hope that it would serve as a learning experience. The commission said signed copies of the agreed order and public reprimand would be available, and then moved to adjourn.
HI
Transcript Highlights:
- Settlement planning. Um, can you educate the committee on what that refers to?
- But, um, there was a settlement hearing on April 7th in front of Judge Wilin.
- Uh, so there has not yet been an approval of the settlement.
- And what is the expected cost to the university for that settlement?
- to the university for that settlement? to the university for that settlement?
Summary:
The House Committee on Higher Education heard several Senate concurrent resolutions related to University of Hawaiʻi programs, audits, and workforce development. Testimony on SCR 50, which urged establishment of a Bachelor of Science in Nursing program at the Maui campus, was strongly supportive, with witnesses citing the state’s nursing shortage and Maui’s acute physician and nurse shortages. The committee later recommended passage with a technical HD1 amendment, and the measure was adopted unanimously by the members present.
The committee also heard SCR 137, SCR 138, and SCR 142, all involving proposed audits. SCR 137 sought a performance audit of the University of Hawaiʻi Foundation; the Foundation opposed it, and the chair recommended deferral after noting the legislative auditor’s view that the office lacks jurisdiction over the private nonprofit. SCR 138 proposed a management and performance audit of the Office of the Vice President for Academic Strategy, and SCR 142 proposed an audit of the UH Mānoa athletics department. UH representatives provided comments on both, with athletics explaining existing NCAA-required financial audits, internal performance evaluations, and a strategic plan that includes self-review. The committee ultimately recommended passage of SCR 138 and SCR 142 with technical HD1 amendments.
For SCR 192, which proposed a veterinary medicine expansion working group, UH and other witnesses discussed the idea of exploring a Doctor of Veterinary Medicine program, but the chair said a community college is not the appropriate venue for a doctoral program. The committee recommended substantial HD1 changes removing Windward Community College from the title and shifting the effort to the UH system level, adding the UH president or designee and a Hilo campus representative to the working group; the amended resolution was adopted. The committee also heard SCR 193, calling for community colleges to identify bachelor’s degree and workforce pathways aligned with regional needs, and SCR 203, which sought exploration of an Alzheimer’s disease research center and federal funding requirements; both drew supportive comments and no opposition. The meeting recessed briefly for lack of quorum, then reconvened for decision-making and adopted the chair’s recommendations on the measures considered.
TX
Transcript Highlights:
- When parties traditionally reach a settlement, the terms are typically put in writing.
- Because I stepped in, we stopped the settlement. We got him medical care, we fought back.
- In no other contract in the commercial world do we rely on oral settlements at all.
- If somehow that recording doesn't work, the the the settlement is not honored.
- Sent to settlements that they will be bound by. Written releases are always utilized.
MN
Minnesota 2025-2026 Regular Session
House Environment and Natural Resources Finance and Policy Committee 1/21/25
Environment and Natural Resources Finance and Policy
Transcript Highlights:
- a few years the Volkswagen settlement a few years ago<00:34:14.960>
is <00:34:15.119>run - Hag, I was just curious about when did the Volkswagen settlement agreement, 47 million comes into the
- It was through a federal settlement with Volkswagen related to emissions.
- Hager, I was just curious about when the Volkswagen settlement agreement, $47 million, comes into the
- It was through a federal settlement with Volkswagen related to emissions.
Summary:
The committee met for an organizational hearing of the Environment and Natural Resources Policy and Finance Committee. Members and staff introduced themselves, with several legislators noting their backgrounds in farming, mining, water management, and outdoor recreation, and the chair reviewed draft committee rules emphasizing decorum, quorum, timely starts, and submitting bill hearing requests to the committee administrator. The committee also heard from nonpartisan staff and caucus staff who will support the committee this session.
House Research and House Fiscal staff then provided an overview of the committee’s jurisdiction and the major agencies and programs it oversees. The presentation covered the Department of Natural Resources, Pollution Control Agency, Environmental Quality Board, Board of Water and Soil Resources, Metropolitan Council regional parks and water resources, Conservation Corps of Minnesota, Minnesota Zoological Board, Science Museum of Minnesota, and the Legislative-Citizen Commission on Minnesota Resources. Staff summarized the main statutory chapters and subject areas under each, including wildlife, state lands, mining, water use, air and water permitting, environmental review, wetlands, drainage, and natural resources funding.
The finance portion explained the committee’s appropriation types and major funding sources, including direct, statutory, and open appropriations. Staff highlighted the general fund, bonding, the Environment and Natural Resources Trust Fund, the Game and Fish Fund, and the Heritage Enhancement Account, along with how those dollars are typically used for parks and trails, habitat, land acquisition, flood and drainage projects, and agency operations. Members also discussed whether DNR and BWSR responsibilities in overlapping water statutes can conflict; staff said responsibilities are generally clear in statute, though conflicts can occur and are usually resolved.
AR
Transcript Highlights:
- This is the appropriation for the Department of Health and Human Services Tobacco Settlement Program.
- There are two different settlement programs. So this specifically funds...
- There are two different settlement programs.
- So is any portion of this funded with general revenue, or is it all settlement money?
- This is settlement money. Okay, thank you. That's the best of my knowledge, yes.
Summary:
The House convened with prayer, the Pledge of Allegiance, a quorum present, and several members granted leave. The chamber recognized guests and adopted the consent calendar resolutions without objection. House Resolution 1006, by Rep. Schulz, was adopted 92-0 to authorize introduction of a non-appropriation bill increasing the Homestead Property Tax Credit from $600 to $675, with Schulz citing the Amendment 79 fund’s capacity and rising costs as reasons for acting now.
On the budget calendar, the House passed House Bill 1014, the DHS Division of Provider Services, Quality Assurance appropriation, by 82-9 with the emergency clause. House Bill 1062, funding the DHS Tobacco Settlement Program for Medicaid-related and other specified services, passed 87-4 with the emergency clause after brief questions about whether it included AED funding and whether it used general revenue; the sponsor said it was settlement money and likely did not include AEDs. The House then took up a large batch of Senate appropriation bills, passing the grouped bills 92-0-1.
Several Senate bills were considered separately. Senate Bills 9 and 11, both for the Arkansas Minority Health Commission, passed 77-8-6 and 79-7-6. Senate Bill 12, for the Arkansas Ethics Commission, passed 82-9. Senate Bill 17, for Arkansas Teacher Retirement, passed 93-0, Senate Bill 18, for the liquefied petroleum gas board, passed 90-1-1, and Senate Bill 37, for the Workers’ Compensation Commission, passed 80-11-1. Senate Bill 5, the Arkansas Tobacco Settlement Commission appropriation, failed 71-14-8, and Senate Bill 56, for continuing education of local officials, failed 30-52-4. The House then adjourned until Tuesday at 1:00 p.m., with committee meetings announced for Tuesday morning and after adjournment.
AR
Transcript Highlights:
- This is the appropriation for the Department of Health and Human Services Tobacco Settlement Program.
- There are two different settlement programs. So this specifically funds...
- For clarity, the Department of Health, there are two different settlement programs.
- So is any portion of this funded with general revenue, or is it all settlement money?
- This is settlement money. Okay, thank you. That's the best of my knowledge, yes.
Summary:
The House opened with prayer, the Pledge of Allegiance, a quorum call, and several leave requests. Members then recognized guests and visitors, including law enforcement officers, a doctor and nurse of the day, and various constituent and advocacy groups in the galleries. The chamber adopted the consent calendar resolutions without objection.
On the floor, House Resolution 1006 passed 92-0, authorizing introduction of a non-appropriation bill to raise the Homestead Property Tax Credit from $600 to $675. The sponsor said the increase was supported by the dedicated property tax relief fund and should not be delayed given current inflation and fuel costs. The House then took up appropriations bills, passing House Bill 1014 for DHS Provider Services Quality Assurance 82-9-2 and House Bill 1062 for the DHS Tobacco Settlement Program 87-4-2 after brief questions about what the funding covered.
The House also considered a large batch of Senate appropriation bills. A grouped set of bills passed 92-0-1, while several were pulled out for separate votes. Senate Bill 5, funding the Arkansas Tobacco Settlement Commission, failed 71-14-8. Senate Bills 9, 11, 12, 17, 18, 37, and 56 were then voted on individually; SB 9 passed 77-8-6, SB 11 passed 79-7-6, SB 12 passed 82-9-0, SB 17 passed 93-0-0, SB 18 passed 90-1-1, SB 37 passed 80-11-1, and SB 56 failed 30-52-4. The House then adjourned until Tuesday at 1:00 p.m., with committee meetings announced for Tuesday morning and after adjournment.
AR
Arkansas 2026 Regular Session
STATE AGENCIES & GOVT'L AFFAIRS-SENATE AND HOUSE May 6th, 2026
Transcript Highlights:
- we do not want to reread this to you guys, if you specifically want us to comment on the recent settlement
- We entered into a settlement with the family for $725,000.
- When we are involved in active litigation, which we have been, and we just entered into a settlement,
- , sorry, how much money has the state of Arkansas paid out on these wrongful death settlements?
- And that would just happen the 27th the day that the settlement was signed. So where's the change?
Summary:
The Joint State Agencies committee met to approve prior minutes and then focused on the death of Zachary Moore at the Southeast Arkansas Human Development Center, later clarified in discussion as the Warren facility. DHS officials described Moore’s background, said he died after a prolonged prone restraint followed by a delayed chemical restraint, and reported that 13 staff were terminated, the superintendent was replaced, a consultant was brought in, and the agency entered a settlement with the family for $725,000. Members pressed DHS on the cause of death, restraint policies, staff training, supervision, family notification, and why the family had not been kept informed; DHS said a family-notification procedure exists but that communications during litigation had been handled through counsel. The committee also heard that six staff had been criminally charged with manslaughter and neglect of a vulnerable person, and that the death certificate listed the manner of death as homicide with cause of death tied to physiologic stress associated with struggle and prone restraint.
DHS officials gave broader context on the five human development centers, their licensing and accreditation, resident population, mortality review process, and training programs. They said the centers serve highly medically and behaviorally complex residents, that annual restraint training and CPI-based instruction are required, and that the mortality review committee and Office of Long-Term Care review deaths and make recommendations. Members repeatedly criticized the agency for not having complete information at the meeting and for what they saw as gaps in oversight, staffing, and chain-of-command clarity during emergencies. DHS responded that the Warren facility had not been meeting the same standards as the others, that the consultant’s root-cause analysis identified multiple failures, and that new crisis-team and chain-of-command procedures were being drafted.
A second major topic was staffing and recruitment. Members discussed low pay, turnover, use of float and on-call staff, rural staffing shortages, and a waiting list of about 2,000 people for home- and community-based services. DHS said CNAs at the centers start at about $39,000 a year, that a broader retention and recruitment plan is being drafted for all five centers, and that a separate rate study for PASS services will be implemented in January 2027 but does not cover CNA pay. The meeting ended with testimony from Moore’s mother, Angela Stevens, who said money could not replace her son and urged stronger training, background checks, and supervision so other residents would be protected. The committee asked DHS to keep members and Stevens updated on consultant reports, recruitment efforts, and follow-up on the family communication issue, and then adjourned.
TX
Transcript Highlights:
- This is the largest settlement ever obtained by a single State.
- Not only is this settlement historic, but it demonstrates the hard work and commitment of my office to
- Let's start where you stopped off in terms of the... first of all, congratulations on the settlement.
- Let's start where you stopped off in terms of the—first of all, congratulations on the settlement over
- First of all, is the META settlement, which we're asking the legislature to pass funding for.
Bills:
SB 1
NH
New Hampshire 2025 Regular Session
Fiscal Committee (12/19/2025)
Transcript Highlights:
- that's going to be going out settlement that's going to be going out over<00:39:28.800>
multiple< - to the claim settlement as the attorney<00:43:03.119>
general <00:43:03.440>were <00:43 - discussions at any time and settlement discussions at any time and reach<00:46:10.720>
um <00: - 46:10.880>
any <00:46:11.040>any <00:46:11.359>settlement <00:46:11.760>that< - /c><00:46:11.920>
the reach um any any settlement that the reach um any any settlement that the
Summary:
The Fiscal Committee met on December 19, with Senators Long and Lang serving as replacements. The committee approved the November 21 minutes and adopted the consent calendar after removing two Department of Health and Human Services items for separate discussion. It then took up an HHS request involving nursing facility rates, where Nathan White explained that $2.2 million would be transferred from a long-term care Medicaid eligibility contract to the nursing facilities budget. He said the funds would offset an otherwise projected 3.9% average rate decrease and bring the overall average change to zero for the next six months, with rates reset again in July under state law. Members asked about the budget adjustment factor, bed counts, and whether additional funds could raise rates further; White said the factor is statutory, capped at 28.76%, and that more money would lower the factor and increase rates. The committee also corrected a date in the request from February 1, 2025 to February 1, 2026, and approved the item.
The committee next approved another HHS item related to rural health transformation grants. Members confirmed the request covered the full amount applied for this biennium, and asked about the technology component. HHS said the grant is not solely about AI, but about broader technology improvements such as electronic medical records, back-end systems, and tools to improve access and sustainability in underserved areas. The committee approved that item as well.
The Judicial Council then requested funds for contract attorneys providing indigent defense on a fixed-fee basis. The council said current funds had already been exhausted and that the new appropriation would be used immediately. Members questioned the size of the request and the number of people awaiting counsel; the council reported about 150 incarcerated people and about 300 non-incarcerated people waiting for counsel, more than in recent years. It attributed the increase to competition for attorneys, public defender offices closing intake in some locations because of caseload limits, and broader case and court-system changes. One member raised constitutional concerns about delays in counsel for incarcerated defendants. The committee ultimately amended the request downward to $1 million, approved it, and then approved a motion to place several annual financial reports on file and release them to the public when available. The committee also discussed dashboard reporting from HHS, asking for more detail on community mental health center caseloads and budget-reduction information, and HHS agreed to provide more useful monthly detail.
TX
Transcript Highlights:
- HB 5171 by Hayes, relating to providing a one-time settlement payment applicable to certain benefits
- HB 5171 by Hayes, relating to providing a one-time settlement payment applicable to certain benefits
- HB 5171 by Hayes, relating to providing a one-time settlement payment applicable to certain benefits
- HB 5171 by Hayes, relating to providing a one-time settlement payment applicable to certain benefits
- HB 5171 by Hayes, relating to providing a one-time settlement payment applicable to certain benefits
HI
Hawaii 2025 Regular Session
CPC/JHA Joint Public Hearing - Thu Feb 13, 2025 @ 10:00 AM HST
Transcript Highlights:
- <00:13:53.079>
with <00:13:53.279>no of the global settlement with no of the global - Our market cap is just slightly above what we have to raise to finalize the settlement.
- How does the court settlement affect your credit rating?
- I don't think the court's decision on the settlement finalizes the settlement.
- <00:46:01.079>
to raise to do it the settlement to raise to do it the settlement to contribute
Summary:
The joint committees heard testimony on HB 982 HD1, a wildfire-related measure aimed at creating a wildfire recovery fund and a financing structure to address future catastrophic wildfire liability. The Department of Commerce and Consumer Affairs, the Division of Consumer Advocacy, and the Public Utilities Commission submitted comments and were available for questions. Supporters included IBW Local 1260, Kauai Island Utility Cooperative, Clearway Energy Group, Hawaiian Electric, Par Hawaii, and others, while Charter Communications and the Hawaii Association for Justice opposed or raised concerns. Life of the Land supported the bill but urged changes to the definition of a catastrophic wildfire and noted concerns about prudency review language. IBW Local 1260 asked to restore language from the original draft, and Charter warned the bill could impair existing contract and indemnity rights unless amended.
A major focus of the hearing was Hawaiian Electric’s position on the HD1 version. Hawaiian Electric strongly supported the original bill but objected to the HD1 requirement for an additional $500 million shareholder contribution, arguing it was not feasible and could delay or prevent the fund from operating. The company said the bill would help protect customers and improve credit ratings by creating a dedicated revenue stream and a bankruptcy-remote financing structure, which it said would lower borrowing costs over time. Members questioned how the $1 billion securitization amount was chosen, whether credit rating agencies had indicated it was sufficient, and how the bill would work in bankruptcy; Hawaiian Electric said the amount was a balance among interests, not based on a specific agency directive, and that it would follow up on bankruptcy questions.
Opponents and skeptics raised concerns about liability caps, the new claims process, and unclear language on damages above the fund’s limits. The Hawaii Association for Justice argued the bill limits victims’ remedies and gives too much authority to the new entity without clear guardrails. Committee members also pressed Hawaiian Electric on comparisons to California, the feasibility of the shareholder contribution, and whether alternative capital-raising or divestiture options had been considered. No vote or final action was taken in the portion of the hearing provided; testimony and questioning continued with follow-up information requested from Hawaiian Electric and others.
CA
California 2025-2026 Regular Session
Senate Business, Professions and Economic Development Committee Jun 29th, 2026
Business, Professions and Economic Development
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, June 2, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- Settlement Act and for other purposes. Settlement Act and for other purposes.
- of South Carolina Land Claim Settlement of South Carolina Land Claim Settlement Act<03:06:30.319
- In 1993, Congress passed the Catawba Settlement Act.
- the nation's longstanding land claims and provide for monetary settlement funds.
- the nation's longstanding land claims and provide for monetary settlement funds.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, June 30, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- What began as a small railroad settlement in rural What began as a small railroad settlement in rural
- <06:08:14.000>
involve <06:08:14.480>sexual portion of the settlement involve sexual - , resolution, any such settlement, resolution, any such settlement, payment,<06:08:24.400>
reimbursement - and whether those settlements and whether those settlements impose a requirement on the member in that
- and that these certain settlements be reported.
NH
New Hampshire 2025 Regular Session
Senate Finance Budget Briefing (06/10/2025)
Transcript Highlights:
- u and lapse um like uh legal settlements u and lapse estimates.<00:15:46.880>
So <00:15:47.120 - So you can see their $275 million coming down to the $14.5 million for the YDC claims settlement fund
- So any sale proceeds will go directly into the YDC settlement fund.
- YDC claims administration and settlement fund, although not general fund.
- claims administration and settlement claims administration and settlement fund<01:21:12.000>
Summary:
The Legislative Budget Assistant staff presented an overview of the Senate changes to the House-passed budget, focusing on revenue estimates, appropriations, and ending balances across the general fund and education trust fund. The presentation emphasized that the Senate’s budget reflected higher revenue assumptions than the House, driven in part by updated April revenue figures, changes to business, tobacco, and real estate transfer tax splits, and different assumptions about video lottery terminal revenue. The Senate also adjusted lapse estimates upward, especially for HHS, after receiving updated information that lapses could be much larger than originally assumed.
The presenter walked through the major differences in the surplus statements for fiscal years 2025 through 2027. Compared with the House, the Senate budget generally showed higher revenues, lower or different appropriations in some areas, and larger balances carried forward, including a larger education trust fund balance and a different rainy day fund transfer. The Senate’s approach also changed several policy assumptions, such as maintaining liquor revenue dedication, removing the House’s meals-and-rooms distribution cap, changing the treatment of unique revenue, and altering the process for meeting a targeted revenue amount by giving the governor more flexibility.
On the appropriations side, the Senate removed or modified several House reductions and added funding or adjustments in areas including the judicial branch, corrections, HHS, the Human Rights Commission, and certain settlement costs. The presenter also highlighted Senate changes in House Bill 2 and related budget provisions, including a new arts tax credit, a nursing home bed fee, changes to Medicaid premium assumptions, and differences in how motor vehicle inspection repeal and BLT-related revenue are handled. No votes were taken in the portion shown; the discussion was informational and comparative, aimed at explaining the Senate budget changes before conference committee negotiations.
FL
Florida 2026 Regular Session
Joint Committee on Public Counsel Oversight Jan 13th, 2025
Transcript Highlights:
- Settlements. We have fully litigated four of our last five rate cases.
- So we feel really good about that settlement.
- Here are the other things that you achieve when you have a settlement.
- And can you describe or can you confirm that when you have a settlement-type situation?
- And does a settlement like that lead to some type of predictive and stable environment long-term?
Summary:
The joint committee met with a quorum present and first received an overview of its jurisdiction and duties related to appointing the Florida Public Counsel. Staff explained the committee’s authority under joint rules and state law, noted that the current Public Counsel’s term expires February 28, 2025, and that applications for the next four-year term were open with a February 6, 2025 deadline. The committee then heard an extensive update from Public Counsel Walt Truerweiler on the Office of Public Counsel’s work representing utility ratepayers before the Public Service Commission and in appeals.
Truerweiler described the office’s caseload and priorities, including electric, gas, water, and wastewater rate cases; storm recovery dockets; cost-recovery clauses; rulemakings; and customer service hearings. He emphasized that the office seeks to challenge unsupported or imprudent costs, find value for customers, and use expert analysis and customer testimony to shape outcomes. He highlighted recent and ongoing matters, including major Duke, TECO, Sunshine water/wastewater, and hurricane recovery proceedings, and said the office had fully litigated four of its last five rate cases, while also achieving a major settlement in Duke that reduced a requested increase and imposed cost controls on solar projects.
Members praised the office’s work and asked about the benefits of settlements, staffing and compensation, and how the office decides when to fully intervene versus provide guidance or monitor a case. Truerweiler said settlements can create predictability, reduce uncertainty and expense, and produce tangible value for both customers and utilities. He also acknowledged recruitment challenges, including lower pay than comparable agencies and difficulty attracting attorneys who do not want in-person litigation work. The committee took no substantive action beyond receiving the presentations, and adjourned after a motion was adopted.