Video & Transcript : 'dependency' :
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MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 4/14/26
State Government Finance and Policy
Transcript Highlights:
- conservative is just really assess those coming from outside the state and/or outside the city, depending
- The projections are dependent upon keeping this facility in a world-class position here, and that is
- The projections are dependent upon keeping this facility in a world-class position here, and that is
- </c><01:00:01.280><c> on</c> lease location and MINDOT depending on lease location and MINDOT depending
- depend on this industry<01:21:24.480><c> in</c><01:21:24.719><c> Minnesota.
Keywords:
electronic pull-tabs, pull-tabs, tipboards, gambling tax, Minnesota Racing Commission, Thoroughbred, horse racing, Minnesota-bred horses, breeders, owners, racing purses, industry subsidy, gambling revenue dedication, problem gambling, compulsive gambling treatment, general fund appropriation, state affiliate National Council on Problem Gambling, racing incentives, equine industry, public officers
FL
Transcript Highlights:
- They depend on one another, and this bill disrupts that balance.
- They depend on but safety and liberty are not opposing values they depend on one another and this bill
- So it will depend on the circumstances.
- And so they really do depend on us to make sure that they can get by.
- Access to health care should never depend on a zip code, and this is the bill.
Summary:
The House convened with prayer, a moment of silence for former member Chester Clem, the Pledge of Allegiance, and quorum confirmation. Members then adopted the special order report and a rules report amending House Rule 15.3 to allow fundraising under certain circumstances during extended or special sessions. The chamber also heard several recognitions and a farewell speech from Representative Nixon, who reflected on constituent service and her legislative priorities.
On the floor, HB 1405, relating to a statewide project for missing persons with special needs, passed unanimously. The House then took up CS/CS/CS/SB 290, the Department of Agriculture and Consumer Services bill, which drew questions about the handling of surplus conservation lands and agricultural uses; it passed 94-10. CS/CS/CS/HB 905, the “Fire Act” on foreign influence, was explained as a broad package restricting foreign-country influence in government, procurement, gifts, cultural agreements, and related areas. An amendment adding restrictions on surrogacy and adoption involving citizens or residents of foreign countries of concern was adopted after debate over possible impacts on families and adoption practices, and the bill then passed 80-20.
The House also passed CS/CS/HB 1197, a bill to modernize state information technology procurement and contracting, unanimously after debate about improving oversight of large IT projects. HB 1103, allowing local governments to fast-track action on derelict vessels, also passed unanimously. The chamber then considered CS/CS/CS/HB 399 on land use development and development regulations, including limits on development fees, changes to local voting thresholds for comprehensive plan and boundary actions, manufactured homes in RV parks, and resort-related provisions. Several amendments were debated, including one on local control and rural boundaries that failed and another strike-all amendment ruled out of order; the bill ultimately passed 71-38. The final item reached before the transcript ended was a local bill for the Pace Fire Rescue District in Santa Rosa County, described as adjusting its assessment formula to provide tax relief.
WY
Transcript Highlights:
- Uh it depends on the form that them in.
- </c> physiological dependence. physiological dependence.
- So, it can be very labor-intensive depending on what form you bring it in.
- So, it can be very labor-intensive depending on what form you bring it in.
- So, it can be very labor-intensive depending on what form you bring it in.
Keywords:
homeland security, search and rescue, grants, emergency response, Wyoming, sex offender, child care facility, residency restrictions, public safety, criminal law, sex offenders, child care facilities, legislation, kratom, regulation, healthcare, age restrictions, manufacturing standards, 916, all
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 3/11/25
Human Services Finance and Policy
Transcript Highlights:
- The impact on Minnesota would depend heavily on what, if any, measures are taken, how those cuts are
- The impact on Minnesota would depend heavily on what, if any, measures are taken, how those cuts are
- The impact on Minnesota would depend heavily on what, if any, measures are taken, how those cuts are
- The impact on Minnesota would depend heavily on what, if any, measures are taken, how those cuts are
- heavily on what Minnesota would depend heavily on what what<00:26:59.720><c> if</c><00:26:59.880><c>
MN
Minnesota 2025-2026 Regular Session
House Transportation Finance and Policy Committee 2/12/25
Transportation Finance and Policy
Transcript Highlights:
- each of those allocations has a range, so there's some degree of limitation but also flexibility depending
- each of those allocations has a range, so there's some degree of limitation but also flexibility depending
- on the nature also flexibility depending on the nature of<00:11:43.160><c> uh</c><00:11:43.399><c> and
- </c><01:17:37.000><c> on</c><01:17:37.199><c> anything</c> this line is not dependent on anything this
- line is not dependent on anything regarding<01:17:37.880><c> the</c><01:17:38.000><c> Southwest</c><
HI
Transcript Highlights:
- </c> years depending on who the principal is. years depending on who the principal is.
- So it's this vicious cycle and then they become more dependent, uh, and then they don't—they're like,
- Uh, it would have to be caveated with it depends, because it depends on what you're even proposed, the
- It also depends on the elevation where they receive the water service as well.
- </c> As you know airports and highways depend As you know airports and highways depend heavily<02:00:
Bills:
SB2613, SB2543, SB2398, SB2046, SB2800, SB2818, SB2973, SB2367, SB2907, SB3067, SB3053, SB2944, SB2074, SB2596
Keywords:
public school land transfer, Department of Education, DOE, land conveyance, fee simple title, tax map key, TMK, Act 307, Session Laws of Hawaii 2022, Act 139, Board of Land and Natural Resources, BLNR, Department of Land and Natural Resources, DLNR, Kauai, Maui, Honolulu, Kaimuki Middle School, Wilcox Elementary School, school property
Summary:
The committee heard testimony on SB 2613, SD1, HD1, relating to public school land transfer. The Attorney General’s office and the Department of Education supported the bill’s technical cleanup of Act 307, but strongly opposed a new provision that would convey school parcels containing public and school library facilities to the Hawaii State Public Library System. They argued the added transfer language conflicted with Act 307’s purpose of consolidating school land for more efficient school operations, and said existing law already allows co-located library use through rights of entry, licenses, or other agreements. The library system supported the bill and said it was trying to resolve longstanding operational conflicts on shared school-campus libraries, especially where public access, construction, and campus safety issues arise.
Members questioned whether the Board of Education should simply mediate the dispute, whether the bill was the right solution, and whether a formal memorandum of agreement might be a better approach than a land transfer. The library system described years of difficulty coordinating with DOE on projects and said it needed a clearer process to complete work and spend CIP funds. Discussion also touched on a Kauai parcel in the bill, identified as a tennis court, and whether resurfacing could be completed before any transfer. The Attorney General indicated that if the goal is to preserve library uses while keeping title with the state, DLNR or another documented arrangement may be more appropriate than transferring fee title to the library system.
The committee then heard SB 2543 SD2 HD1, relating to state construction projects. DAGS supported the measure, and the Hawaii Ironworkers Stabilization Fund and Hawaii Building Construction Trade Council strongly supported it, saying the bill would help spot-check high-cost projects and reduce waste from overruns and delays. One testifier opposed the bill, arguing the proposed construction manager role was too limited and that DAGS needed more training, decentralized authority, and better internal decision-making rather than a new layer of oversight. Supporters said the bill was intended as a pilot program to address repeated cost overruns and improve accountability on state construction projects.
HI
Transcript Highlights:
- It depends on the height of the tree.
- It depends on the height of the tree. Depends on the height of the tree.
- </c><01:34:38.639><c> on</c> responsible for exactly to depending on responsible for exactly to depending
- One special ed law is different internationally, so it depends where they come from.
- >> Um, because the goal is that they... depending, it's just I just feel, well, the board just feels
Summary:
The joint Education and Higher Education committees met on February 10, 2026, first hearing HB 1676, which would create an AI and education task force, require documentation from AI vendors before procurement or use, and appropriate funds. The Department of Education, Public Charter School Commission, and University of Hawaii all supported the bill’s intent and described existing AI literacy efforts, teacher training, guidance for students and staff, and privacy/monitoring safeguards. DOE said it had already convened an AI task force, produced a report, trained over 10,000 educators, and embedded AI into computer science and broader curricular guidance. Members questioned DOE about student privacy, harmful content monitoring, personal devices, cell phone policy, teacher training, and whether AI literacy should extend beyond computer science into all subjects and across rural schools.
After discussion, the chair announced HB 1676 would be deferred to Friday, February 13, and that a HD1 draft would be prepared. The chair said the committee would revisit the task force composition and procurement standards, with possible elimination of the procurement section, and circulate the revised draft before the next hearing. The committee then recessed and later reconvened for HB 1811, a student loan repayment program for educators. Testimony from the Department of Education, Public Charter School Commission, University of Hawaii, Hawaii Teacher Standards Board, HSTA, and the Democratic Party of Hawaii Education Caucus was generally supportive, with HSTA and the Teacher Standards Board emphasizing teacher recruitment and retention, student loan burden, and the need to address the teacher shortage.
In decision-making on HB 1811, the committees adopted the chair’s recommendation to pass the bill with amendments. The main amendment collapsed the repayment structure into a single disbursement of up to $25,000 after five years of service, with technical/non-substantive changes and a corrected effective date. Both the Education and Higher Education committees voted unanimously in favor. Later in the meeting, the Education Committee began hearing HB 1561 on student meals, which drew broad support from the Public Charter School Commission, Department of Health, HSTA, Hawaii Appleseed, Hawaii Children’s Action Network, and many individuals. Appleseed requested amendments to ensure charter schools are treated the same as other public schools if eligibility expands and to address reimbursement issues for schools already participating in the federal Community Eligibility Provision; members discussed those concerns but no action was taken in the portion of the transcript provided. The committee then moved on to HB 779, on expanding student meal coverage, where DOE supported the intent but said it could not support the bill in its current form because of fiscal constraints.
NH
New Hampshire 2026 Regular Session
House Labor, Industrial and Rehabilitative Services (02/10/2026)
Labor, Industrial and Rehabilitative Services
Transcript Highlights:
- But we also have 12 New Hampshire Works offices, or one-stops, or local offices, depending on what you
- on um uh what you uh are depending on um uh what you uh are accustomed<01:46:11.199><c> to</c><01:46
- </c><02:02:46.960><c> on</c><02:02:47.119><c> how</c> what we found was the depending on how what we
- </c> we're forecasting right now, it depends we're forecasting right now, it depends the<02:03:10.320
- </c><02:03:11.679><c> on</c> the cost to the employers depends on the cost to the employers depends on
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, May 21, 2025 - Part 1)
US Federal House Floor Meeting
Transcript Highlights:
- Immigrants are workers they depend on.
- Haiti, Venezuela, and other African countries that depend on them.
- That is a slap in the face of so many people that depend on it.
- You of so many people that depend on it.
- :01.839><c> on</c><01:08:02.079><c> the</c> subservience and dependency on the subservience and dependency
WA
Washington 2025-2026 Regular Session
House Floor Session Mar 9th, 2026 at 05:40 pm
Washington House Floor Meeting
Transcript Highlights:
- is now dependent on tariff rates, and it's dependent on geopolitics, which are going to further harm
- It just depends on the category you're talking about.
- And those families do depend on single cuts.
- We still depend on their revenue. Schools still depend on their revenue.
- Our county still depend on their revenue.
Keywords:
behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, juice grapes, agriculture, commerce, state regulation, market access, fire safety, insurance incentives, best practices, community protection, voluntary measures, mortgage modification
AL
Transcript Highlights:
- It obviously depend on the person and the plan, but depend on the person and the plan, but depend on
- I'm just one I'm the first generation away from a dependent generation away from a dependent generation
- away from a dependent dependency on farming.
- So I understand dependency on farming. So I understand dependency on farming.
- I know you like to wear uh different things depending on what you different things depending on what
Keywords:
appropriations, budget, state funding, education, healthcare, infrastructure, state budget, mental health funding, education funding, infrastructure improvements, public safety, groundwater, water conservation, financial assistance, Texas Water Development Board, innovation fund, local conservation districts, transportation protection agreement, funeral services, insurance exemption
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (01/29/2025)
Transcript Highlights:
- The medications may or may not include insulin, depending on the patient's status and needs.
- The medications may or may not include insulin, depending on the patient's status and needs.
- </c> may or may not include insulin depending may or may not include insulin depending on<00:34:50.800
- The sensors are essentially disposable; they last for 7 to 14 days, depending on the product, and then
- on the product and then you depending on the product and then you need<00:58:51.839><c> a</c><00:58:
Summary:
The committee held a public hearing on House Bill 552, which would remove the “full-time student” requirement for children ages 19 to 25 covered under the state retiree health insurance plan. The prime sponsor said the change would align retiree coverage with state employee and ACA plans, would not cost taxpayers because retirees pay the premiums, and could even reduce administrative burden and possibly state costs. The chair noted the bill simply removes the words “if full-time student” from statute and said the proposal affects very few retirees and has no cost to the state. No opposition was presented, and the chair closed the hearing on HB 552 after no further testimony.
The committee then opened a public hearing on House Bill 648, which would require commercial insurance coverage for glucose monitoring devices and supplies for people with diabetes. The prime sponsor, a retired dietitian and diabetes educator, gave extensive testimony describing diabetes as common, costly, and serious, and argued that continuous glucose monitoring is important for managing type 2 and gestational diabetes, preventing hypoglycemia, and improving safety and decision-making. She said CGMs can alert users to dangerous blood sugar changes, help people understand how food, activity, and medication affect glucose, and save lives while offering a strong return on investment.
During questions, a committee member asked whether the bill should specify that the monitoring be tied to prescribed treatment, and the sponsor agreed that adding “prescribed” would be appropriate. The member also asked about the proper threshold for coverage and whether the bill should be tied to fasting-test diagnosis; the sponsor responded that A1C is only one measure of control and does not show daily fluctuations, and said she was not prepared to recommend a specific threshold but could provide clinical guidelines later. No vote was taken during the hearing, and the sponsor indicated support for the bill’s general approach to broader CGM access.
NH
New Hampshire 2025 Regular Session
House Finance (01/23/2025)
Transcript Highlights:
- </c><00:33:44.279><c> on</c><00:33:45.279><c> stable</c> quality of Education depends on stable quality
- </c> anywhere from 20 to 30 years depending anywhere from 20 to 30 years depending on<00:46:18.680><c
- We operate a sugar bush of 6,000 taps, and in addition to the organic vegetable production, we depend
- </c><01:32:34.960><c> on</c><01:32:35.199><c> this</c> we depend on this we depend on this income<01:
- on applicants uh each year depending on their<01:49:56.719><c> funding</c><01:49:57.360><c> requests
Summary:
The Finance Committee held a hearing on several bills and announced at the outset that no votes would be taken because the measures would go to divisions later. The first major bill, HB 197, would require the state to pay 7.5% of political subdivision employer pension contributions for teachers, police officers, and firefighters. Representative Mike Edgar, the prime sponsor, argued the state had repeatedly reduced and then eliminated its promised share of retirement costs, shifting the burden to municipalities and property taxpayers. He said the bill would partially restore that commitment and provide relief to local governments, businesses, and taxpayers.
Several witnesses testified in support of HB 197, including Representative John Cluder, Bradford selectman Marlene Fryer, the New Hampshire Municipal Association’s Margaret Burns, and Epping representative Mark Fone. Supporters said the bill would help with property tax pressure, school budgets, and municipal hiring, and they emphasized that much of the retirement cost reflects unfunded liability decisions made at the state level rather than by local governments. Committee members questioned whether the bill would change local incentives to control costs and how it would affect hiring and compensation. Burns said the state contribution would function as property tax relief because it offsets existing municipal expenses, and she noted the state is already on a long-term schedule to pay down the retirement system’s unfunded liability.
After closing the hearing on HB 197, the committee opened a hearing on HB 97, introduced by Representative Tom Buco. He said the bill would continue funding for delayed and deferred wastewater projects and help municipalities finance expensive wastewater infrastructure, which he tied to housing development and local debt planning. No action or votes were taken on either bill during the hearing.
WY
Wyoming 2026 Regular Session
Select Federal Natural Resource Management Committee, July 13, 2026
Select Federal Natural Resource Management Committee
Transcript Highlights:
- ><c> on</c><01:02:15.040><c> actually</c> So that obviously depends on actually So that obviously depends
- The federal government is depending on us, specifically the U.S.
- The federal government is depending on us, specifically the U.S.
- The federal government is depending on us, specifically the U.S.
- </c><01:52:55.840><c> on</c> crop will go up or down depending on crop will go up or down depending on
NH
New Hampshire 2025 Regular Session
Committee of Conference on HB 1, HB 2 (06/13/2025)
Transcript Highlights:
- So, it depends on the operator. Yep.
- </c><00:27:42.559><c> So,</c><00:27:42.799><c> it</c><00:27:43.039><c> depends</c><00:27:43.360><c> on
- So, it depends on day. Yeah. Than HHR. So, it depends on the<00:27:43.600><c> operator.
- Um, so it depends on how many years of service they had on 2012.
- on how many years of service depending on how many years of service you<03:54:44.319><c> have.
Summary:
The Committee of Conference on HB 1 and HB 2 met to review revenue estimates and begin working through the HB 1 detail change sheet. New Hampshire Lottery Director Charlie McIntyre reported stronger-than-expected lottery performance, raising the current-year return estimate to $27 million and the next biennium estimate to $200 million, with the increase attributed to improved scratch ticket sales and sports betting not hurting revenue as much as expected. Members questioned the assumptions behind the higher estimates, including the impact of $50 scratch tickets and whether the figures accounted for future conversion from historical horse racing (HHR) machines to video lottery terminals (VLTs). McIntyre and committee members discussed machine counts, per-day revenue assumptions, and the likelihood that VLT conversion would increase revenues over time, though the timing and pace of conversion remained an open question.
The committee also discussed several gaming-related policy items in HB 2, including changes to kino hours and local option games of chance, and noted that the Senate and House differed on how gaming revenues would be allocated between charities, education, and general funds. Members emphasized that revenue projections should remain conservative because operators, not the state, would control the pace of machine conversion. Representative Sweeney noted that operators could earn more per machine under the VLT model, and McIntyre said the new facilities and expansions were largely concentrated near the Massachusetts border.
The committee then moved to the HB 1 detail change sheet. It agreed to Senate position on the Department of Safety’s road toll bureau and international registration program changes, which were described as a zero-cost realignment of positions, and held the Department of Corrections section for later discussion. On the judicial side, members approved a technical footnote fix, but held a new contract counsel item for involuntary mental health admissions and deferred discussion of the public defender program increase. The committee also noted no change for the PE development authority, moved safety rest area funding from HB 2 into HB 1 with no additional cost, and flagged the tourism development fund and other judicial items as issues that may depend on overall available revenue.
LA
Louisiana 2026 Regular Session
Transportation, Highways and Public Works May 26th, 2026
Transportation, Highways & Public Works
Transcript Highlights:
- It really depends on the project type.
- It just depends more regionally from what I've seen, from what happened in Turin and where it's been
- It just depends more regionally from what I've seen, from what happened in Turin and where it's been
Keywords:
highway maintenance, signage, transportation safety, DOTD, infrastructure, public safety, federal grants, job creation, Utility Terrain Vehicles, UTVs, safety regulations, transportation, Louisiana, task force, vehicle operation, legislation, accidents, HCR112, House Concurrent Resolution 112, Louisiana Highway 1
Summary:
The House Transportation Committee met on May 26 with a quorum present and took up several resolutions and one Senate bill. SCR 64 created a task force to study construction management at risk (CMAR) in Louisiana public works; an amendment added representatives from the Louisiana Associated General Contractors and Associated Builders and Contractors, and the resolution was reported with amendments. HR 282 created a task force to study utility terrain vehicles with state agencies; an amendment added the State Fire Marshal, and it was also reported with amendments.
The committee then considered SB 513 on public works project delivery methods. The bill originally included an average-bid award method for certain pilot projects, along with airport design-build provisions. Testimony from a Reason Foundation analyst and from the Louisiana Associated General Contractors raised concerns that average-bid contracting could encourage collusion, raise costs, and lacked supporting data or use by U.S. transportation departments, while airport design-build was supported. The committee adopted an amendment in concept to strike the average-bid provisions, leaving the airport-related design-build language in place, and SB 513 was reported with amendments by a vote of 11 yeas and 4 nays.
The committee also reported SCR 62 favorably, which urges DOTD to evaluate school zones on state highways in response to safety concerns and near misses, including a fatal incident referenced by the author. HCR 112 was reported favorably to study flooding on Louisiana Highway 1 in Shreveport, and HR 275 was reported favorably to study an interstate highway signage maintenance and reporting program. The meeting concluded after all items were disposed of and the committee adjourned.
CA
California 2025-2026 Regular Session
Senate Banking and Financial Institutions Committee Apr 15th, 2026
Transcript Highlights:
- And I know there are unique circumstances depending on where you're at, but it's also not unique to have
- And I know there are unique circumstances depending on where you're at, but it's also not unique to have
- the lack of... ...circumstances depending on where you're at, but it's also not unique to have the lack
Summary:
The Senate Committee on Banking and Financial Institutions heard two bills. SB 1131, presented by Senator Jones’s staff, would update the Debt Collection Licensing Act by requiring DFPI to conduct examinations remotely unless an on-site review is needed for consumer protection, and allowing the department to rely on recent audits or examinations by other regulators or approved third parties to avoid duplicative work. Supporters from the California Association of Collectors and Receivables Management Association International said the bill would reduce examination costs and improve administrative efficiency while preserving consumer protections. A representative of the California Low-Income Consumer Coalition expressed concerns. Committee members noted the need to avoid unintended consequences for the consumer protection goals of the licensing program. The bill was moved on a due pass and re-refer motion to Appropriations and later received enough votes on call to pass out of committee.
The committee also heard SB 1291, the “Shine Act,” by Senator Gonzalez, which would increase transparency and accountability for mutual water company boards by eliminating the 24-hour written notice requirement for board meetings, requiring websites with basic information and consumer confidence reports, and directing a comparative analysis of mutual water companies serving disadvantaged communities. Supporters, including community and public health advocates, described problems with water quality, inaccessible meetings, poor notice practices, and lack of information in communities such as Cudahy and Maywood. The California Association of Mutual Water Companies opposed the bill unless amended, arguing it imposes costly, one-size-fits-all requirements on small systems without dedicated funding and could be difficult for remote or low-capacity mutuals to meet. Committee members generally supported the transparency goals but raised concerns about scale and compliance burdens; the author said he would continue working with opponents. SB 1291 was moved on a due pass and re-refer motion to Environmental Quality and later passed out of committee on call.
WA
Washington 2025-2026 Regular Session
House Floor Session Mar 4th, 2026 at 09:30 am
Washington House Floor Meeting
Transcript Highlights:
- The economy of Colfax depends upon people being able to go to work.
- at the last minute, hey, let's just introduce a bill and take away money from our regions who are depending
- This bill is ripping... ...money from our regions who are depending on it.
Bills:
HB2720, HB2073, HB2487, SB5816, SB5919, SB5995, SB5831, SB6134, SB6136, SB6137, HB2689, SB5922, SB5944, SB5957, SB5988, SB5994, SB6011, SB6065, SB6103, SB6151, SB6244, SB5420, SB5868, SB6044, SB6132, SJM8002
Keywords:
behavioral health, emergency services, health insurance, provider access, mental health funding, premium assistance, funding, healthcare, subsidies, insurance tax, state regulation, insurers, taxation, budget impact, juice grapes, agriculture, commerce, market access, fire safety, insurance incentives
Summary:
The House convened with a quorum, recited the Pledge of Allegiance, and heard a prayer from Tammy Stamphley, a Presbyterian minister and hospital chaplain. After approving the previous day’s minutes and receiving a Senate message, the chamber moved to second and third reading of several bills, with multiple measures advanced under suspended rules.
The first major vote was on Engrossed Senate Bill 5872, which establishes a pre-K-related account to support up to 10,000 additional early learning slots for three- and four-year-olds. Supporters emphasized the Balmer Group’s private funding commitment and the value of early learning and family support; the bill passed 97-0. Substitute Senate Bill 5834, a Department of Retirement Systems request bill changing the fund source for legal, medical, administrative, and fraud-prevention expenses using interest earnings from pension funds, also passed 97-0.
Substitute House Bill 2689, dealing with the Working Connections Child Care program, drew the most debate. Supporters said it aligned attendance policy with federal rules, adjusted reimbursement rates, and helped balance the budget while preserving child care resources. Opponents argued it cut support in rural and underserved counties, would worsen child care deserts, and placed budget savings on the child care industry; it passed 53-44. The House then passed Senate Bill 5922, allowing school districts to transfer vehicle depreciation funds with OSPI approval, by 59-38, and Senate Bill 6065, a narrower bill for districts under enhanced financial oversight such as Prescott, by 97-0. The session ended with announcements that both caucuses would meet later in the day.
MO
Transcript Highlights:
- It will be subject to allocation of our body itself, depending on what they would need to execute the
- She said workforce and economic competitiveness depend on Missouri employers having financially literate
- She also said financial education can reduce dependency on public assistance by helping individuals make
Summary:
The committee first met in executive session and approved House Bill 2863 by a 14-0 vote. It then took up House Bill 2967, adopted a committee amendment that removed a fixed one-third allocation and allowed funds to be allocated by the body as needed, rolled the amendment into a substitute, and passed the House Committee Substitute for House Bill 2967 by a 15-0 vote. Members discussed how the bill related to another expungement-fund measure already passed by the House, and were told the two bills were intended to mirror each other and would not conflict.
The committee then held a public hearing on House Bill 2303 and the mirrored House Bill 2867, both aimed at expanding Missouri’s personal finance education requirements. Sponsor testimony said the bills would require a half-credit in personal finance for graduation beginning in 2027-28, broaden instruction to include budgeting, credit, investing, fraud prevention, taxes, contracts, and major purchases, and create a DESE work group with industry and educator input to update standards every seven years. Sponsors and supporters said the goal was to better prepare students for real-world financial decisions, reduce debt traps, and improve workforce readiness.
Witnesses from the Missouri Bankers Association, mortgage bankers, consumer credit groups, financial advisors, and individual advocates testified in support, emphasizing the need for updated, practical financial literacy instruction and regular curriculum review as financial products change. Committee members asked about the bill’s interaction with existing personal finance requirements, whether it would apply to public, private, homeschool, and GED pathways, and how early course completion waivers would work. Members also suggested adding insurance and gambling/probability topics to the curriculum discussion. No opposition testimony was offered, and House Bill 2119 was postponed to a future hearing before adjournment.
CA
California 2025-2026 Regular Session
Joint Hearing Senate Labor, Public Employment and Retirement and Assembly Public Employment and Retirement Mar 4th, 2026
Transcript Highlights:
- largest pension system in the country, serving around two million members, including myself, who depend
- transferred down from the investment side in terms of the yearly returns that CalPERS gets, and depending
- They all depend on it after decades of service to the state.
Summary:
The Assembly Committee on Public Employment and Retirement and the Senate Committee on Labor, Public Employment, and Retirement held a joint hearing required by law to receive an independent report from the California Actuarial Advisory Panel on CalPERS. Chair McKinnor and Senator Smallwood-Cuevas opened by emphasizing CalPERS’ importance to retirement security for public employees and to the state budget. Scott Tarando, CalPERS Chief Actuary and a CAP member, presented on the statutory disclosure requirements in Government Code Section 2029, including the use of CalPERS’ 6.8% discount rate and the need to show how changes in investment return assumptions and amortization periods affect liabilities, contribution rates, and budgets.
Tarando explained that lower investment returns increase contribution rates and unfunded liabilities, while higher returns reduce them. He also described CalPERS’ 20-year amortization period for new unfunded liabilities, comparing it to a mortgage and noting that shorter periods raise near-term costs but reduce long-term interest costs. He said the CAP has recommended a 15- to 20-year range and that CalPERS’ current approach is intended to smooth volatility for a large, ongoing plan. Members asked about the meaning of average service lifetime, the timing of valuation data, whether more current data could be used, the effect of AI and workforce changes on assumptions, and whether contribution changes affect retiree benefits. Tarando said retiree benefits do not change with annual valuations, that CalPERS uses audited year-end data because it is the most reliable basis for rates, and that AI impacts are being monitored but are too early to quantify.
Committee members also discussed CalPERS’ funded status, with Tarando saying it had improved from the mid-60% range about 10 years ago to around 79% at fiscal year-end and over 80% more recently, reducing pressure on employers and the state budget. Michael Cohen, CalPERS’ investment operations chief, said CalPERS had complied with federal information requests and that its annual audits are publicly available, but no formal federal review had been released. In public comment, a representative of the California State Association of Counties praised the improved funded status and the role of PEPRA reforms. The chairs closed by reaffirming CalPERS’ fiduciary duty and the goal of protecting retirement security for public workers; no votes were taken.