Transcript Highlights:

• Uh a new project requiring action and a pool allocation requiring no action.
• Uh this project's in the amount of 1,247,413 funded from the 2426 maintenance pool.
• >> Next is a pool project in excess of 1 >> Next is a pool project in excess of 1 million
• funded from the 2426 maintenance pool. funded from the 2426 maintenance pool.
• One of the reallocations, so all three are from the county allocation pool.

Keywords: November 20, 2025 00:12 Call to Order and Roll Call 00:58 Information Items 06:50 Finance and Administration Cabinet 09:10 KY Infrastructure Authority 21:20 Office of Financial Management 29:14 Meeting Recessed 44:58 Reconvened 45:07 Approval of Minutes 46:35 Next Meeting Date 47:05 Adjournment, 958, all

Summary: The committee met without a quorum for much of the meeting, so several agenda items were initially heard only for information. Early updates included six informational reports, such as an Auditor of Public Accounts compliance examination with no findings, university equipment and allocation reports, school district bond issuances, Western Kentucky University’s planned public-private partnership housing redevelopment, and quarterly Kentucky Communications Network Authority reports. Members then questioned WKU officials about the P3 housing project, including the number of RFQ responses, property tax responsibility, ownership of the student life foundation, and the status of repairs to residence halls. WKU said the foundation has owned the property since 2000, one hall would be razed or demolished at the end of the academic year, and repairs to the other two were expected to be completed by fall 2027. The committee also heard a Department of Fish and Wildlife Resources acquisition project for Mount River Farms in Wayne County and a Department of Corrections roof replacement project at Luther Luckett Correctional Complex, but no votes were taken until a quorum was later established. The Kentucky Infrastructure Authority then presented six loans and four grant reallocations, including loan increases for Adair County Water District and the City of Harlan, new loans for Litchfield, Louisa, Southeastern Water Association, and Flatwoods, and grant reallocations under the Cleaner Water Program. Members asked about Harlan’s 30-year term and special condition requiring a revenue increase; KIA explained the longer term is reserved for disadvantaged communities and that the condition was meant to reinforce standard debt coverage requirements, while depreciation is reviewed but not included in cash-flow calculations. After a recess, Senator Thomas arrived and a quorum was reached. The committee approved the prior minutes and then took a consolidated vote on the action items, which passed. The final items included a Kentucky Economic Development Authority revenue bond refunding for CommonSpirit Health, several Kentucky Housing Corporation conduit and single-family bond issuances, a Western Kentucky University bond issuance, and SFCC debt issues. Members discussed the housing transactions, noting they are developer-financed and not subject to a traditional bidding process, and expressed concern about whether the process could produce more units for the same amount of money. The meeting adjourned after all information items were approved and the next meeting date was announced.

Transcript Highlights:

• commercial Market um that they purchase commercial Market um that they purchase in<00:56:52.280>
• people who are looking to make purchases people who are looking to make purchases and<01:04:27.559
• the documents, whether it be the purchase of a car or the purchase of a common community property or
• any type of purchase?
• <01:07:58.319> of<01:07:58.480> a purchase of a car or the purchase of a purchase of

Bills: HF1865, HF2014, HF2028

Keywords: mortgage, qualified mortgage, QM, points and fees, conventional loan, consumer lending, home loan, residential real estate, lender fees, service charge, finance charge, closing costs, Minnesota Statutes 47.20, housing finance, borrower protections, cooperative apartment loan, contract for deed, real estate lending, foreclosure, notice requirements

Transcript Highlights:

• . is based on uh cigarette purchases. is based on uh stamp<01:27:00.719> purchases<01:27:01.280
• It's the purchase of cigarettes.
• purchase of stamps to pay your tax. purchase of stamps to pay your tax.
• They have a short-term pool, intermediate pool, and a transactional account that has lower interest rates
• /c><01:36:06.080> pool, a short-term pool, intermediate pool, a short-term pool, intermediate

Keywords: 958, all

Summary: The meeting focused on reaching consensus on official Kentucky revenue estimates for fiscal years 2026 through 2028, using updated S&P Global economic forecasts compared with the September presentation. Staff explained that the updated forecast relied partly on alternative data because of the federal government shutdown, and they walked through changes in national and Kentucky economic assumptions across control, optimistic, and pessimistic scenarios. The control forecast was described as slightly more optimistic in the near term but more cautious in fiscal 2027 and 2028, with GDP growth revised up for the current year and down somewhat in the outer years. The pessimistic scenario now assumed a two-quarter recession beginning in the current quarter, while the optimistic scenario was given a higher probability weight than before. The presenters highlighted several Kentucky-relevant variables that changed since September, including weaker manufacturing employment, weaker housing starts, weaker consumer sentiment, and lower expected non-farm employment in fiscal 2026. At the same time, wage and salary disbursements were revised upward in fiscal 2027, reflecting higher disposable income from tax changes, and real consumer spending was expected to be stronger in the near term. They also discussed assumptions about tariffs, business profits, the Federal Reserve, unemployment, oil prices, retail sales, vehicle sales, exports, and consumer sentiment, noting that some indicators were little changed while others shifted materially. Consumer sentiment was attributed to affordability concerns, tariff impacts, and a general sense of malaise, but was expected to improve in later years from a low base. Members asked follow-up questions about why the forecast worsened in later years and about the consumer sentiment assumptions. Staff responded that the forecast assumed larger take-home pay and refunds from tax withholding changes, along with some easing of tariff effects, which they believed would help offset a negative wealth effect from stock market declines. They also noted that S&P Global’s December forecast, which had already been published, was essentially consistent with the presentation and that the firm believed its earlier assumptions had tracked recent data well. No vote or final action was recorded in the portion provided, but the discussion was aimed at settling the revenue estimates that will underpin the upcoming branch budget bills.

Transcript Highlights:

• <00:09:27.440> made effective for sales and purchases made effective for sales and purchases
• They're a team that was purchased by the current family that owns it.
• Uh going into the swimming pool project.
• And they are going to move the swimming pool out of that particular area.
• They closed their pool a number of away.

Keywords: 1187, senate, all

Transcript Highlights:

• <01:03:52.119> the funds for the University to purchase the funds for the University to purchase
• For that, we have created cost pools.
• we determine what the support cost pools we determine what the support units<01:18:19.199> need
• That increase in the cost pool allocation of $92,000 then flows through to the next slide, which is a
• <01:42:33.159> additional needs coordinator purchase additional needs coordinator purchase

Keywords: 1183, house

Transcript Highlights:

• When it comes to the pool that we are recruiting, we did have to get pretty specific in who we wanted
• to be in that pool, which is why we started limiting to make sure that we could prioritize folks who
• Once we know the number of people who are in this potential applicant pool, then we'd be better able
• They would have to purchase some freezers. Has there been a lot of discussion with them?
• They would have to purchase some freezers.

Keywords: 996, all

Transcript Highlights:

• AND THEY USED POOL RESERVES.
• THEY CARE ABOUT HOW CLOSE THEY ARE TO THE POOL BUT WHO CARES AS THE UNDERWRITERS.
• IT COULD BE POOL FURNITURE.
• OUR UNDERSTANDING IS THAT IF IT IS MOVING FROM A POOLED ACCOUNT TO A POOLED ACCOUNT IT DOES NOT REQUIRE
• BUT IF IT IS MOVING FROM A COMPONENT ACCOUNT TO A POOLED ACCOUNT IT REQUIRES A MEMBERSHIP VOTE.

Keywords: 999, senate, all

Transcript Highlights:

• was not facilitated through the purchase of a phone, it was a brick and mortar purchase, it was done
• who did purchase that ticket through a courier. level summary of boat purchasing and where we are today
• I think a bulk purchase of a scratch ticket might look a little bit different than a bulk purchase of
• to facilitate that purchase, and then went back down after that purchase. that have had an increasing
• after the occurrence of the ball purchased.

Keywords: 1184, house, all

Transcript Highlights:

• walking distance to their pools.
• are in walking distance to their pools are in walking distance to their pools this<01:26:08.199>
• We have members that are working on storage container pools, where they could actually put a pool on
• We have members that are working on storage container pools, where they could actually put a pool on
• We have members that are working on storage container pools, where they could actually put a pool on

Keywords: 910, house, all

Transcript Highlights:

• What they are doing is, rather than purchasing stock now, they are purchasing security entitlements.
• purchasing stock now we're purchasing purchasing stock now we're purchasing security<01:14:53.920
• as<01:15:08.280> collateral dtcc the pool can be used as collateral dtcc the pool can be
• deidentified and put into a big pool deidentified and put into a big pool that<01:18:21.560>
• I finally got pool PT. What happens when you go in a pool? Gravity's gone.

Keywords: 928, house, all

Summary: The committee first heard testimony on House Bill 167, which would add ski, snowboard, and boat wax containing PFAS to the state’s consumer-product restrictions. The sponsor argued the product is already banned in many places, has PFAS-free alternatives, and is used in ways that can directly contaminate water rather than landfills. She cited high PFAS levels in several New Hampshire lakes and said the bill was a simple extension of prior PFAS legislation. A witness also described a personal experience where a liquid ski wax disappeared from the market and later returned, likely because of PFAS concerns. The chair then closed the hearing on HB 167 without a vote. The committee then opened a hearing on House Bill 312, dealing with college athletes’ name, image, and likeness (NIL) rights. Representative Moffett said the bill was modeled on New Jersey law and intended to let student-athletes earn compensation from NIL without losing institutional scholarships, while also requiring licensed representation and setting limits on certain endorsements. He described the measure as proactive because NIL rules are evolving and could create conflicts among schools and future lawsuits. Members questioned whether the bill should apply to two-year institutions, whether it should exclude firearms and weapons, and whether the scholarship protections would cover need-based or academic aid as well as athletic scholarships. Moffett said the scholarship language was intended to protect scholarships generally, but not need-based aid specifically, and he acknowledged discomfort with some of the endorsement restrictions. Public testimony on HB 312 was mixed. One supporter, a former Division III athlete and coach, backed the bill but urged removal of a section allowing institutions or athletic bodies to use an athlete’s NIL without compensation, arguing most New Hampshire athletes do not receive NIL money and should not have to work extra jobs to cover basic expenses. The chair also raised concerns about the bill’s contractual and identity-rights implications, referencing prior committee work on a J.D. Salinger-related identity case and noting the committee had previously declined to get involved in similar contractual disputes. No vote was taken during the hearing.

Transcript Highlights:

• The these are truly modernization pool.
• <00:15:02.639> that um development costs, purchasing that um development costs, purchasing
• We are part of what's called the strategic purchase request process, where we have review of IT purchases
• <00:18:47.760> request called the strategic purchase request called the strategic purchase
• We are purchases across the state.

Keywords: 0:20 Rollcall 2:28 Definition of Legacy system and demands of modern workplaces 10:48 Discussion of funding and planned expenditures 22:26 Contingency funding 23:16 Adjournment, 958, all

Summary: The House Budget Review Subcommittee on Personnel, Public Retirement, and Finance heard a presentation from the Commonwealth Office of Technology on legacy IT modernization funds and how they are used to address outdated, unsupported, or unsustainable systems. David Carter and Carrie Welch explained the state’s definition of a legacy system under KRS 7A.180, emphasizing not only vendor support issues but also changing business needs, regulatory compliance, and the loss of institutional knowledge for older systems. They described the office’s review process for determining whether a project qualifies, including assessing business risk, comparing options such as upgrades, replacements, shared solutions across agencies, or commercial products, and then matching the project to available funding. The presenters said COT reports twice a year to the Interim Joint Committee on Appropriations and Revenue on progress with legacy modernization projects. They reported 30 projects funded to date, with 18 completed, and said remaining projects are still moving forward while agencies continue to identify modernization needs. They highlighted examples of completed work, including modernized security cameras, replacement of unsupported systems, migration of documents to the Commonwealth Enterprise Content Management Platform, restoration of vendor support, a digital policy acknowledgement portal, replacement of the State Police dispatch system, and digitization of paper records for faster retrieval and better disaster resilience. Members asked for more detail on how the $10 million request would be allocated, including system-by-system spending, the split between software, hardware, vendor contracts, and staff time, and how the office determines when a system needs replacement. COT said it did not have a system-by-system or cost-category breakdown at the hearing but could provide one later, and explained that the funds are intended for development and first-time acquisition costs rather than ongoing maintenance. They also said the $5 million annual request was based on prior years’ experience and that agencies often contribute some funding themselves, so the program could still operate if appropriated less than the full amount. The committee then approved the minutes and adjourned.

Transcript Highlights:

• And so I'm worried about the potential limit on their ability to purchase enough.
• It is not intended to limit the purchase of library books in general.
• That helps with the potential for the delays in the purchases, and so you and I and my team and your
• We give the rest of the money back to the purchaser who, you know, had it.
• We have to, you know, they purchase it.

Bills: SCR5, SCR13, SB3, SB6, SB10, SB12, SB13, SB15, SB17, SB18, SB19, SB24, SB35, SB57, SB65, SB112, SB284, SB290, SB388, SB400, SB402, SB412, SB495, SB499, SB502, SB509, SB621, SB706, SB740, SB815, SB842, SB854, SB875, SB893, SB917, SB974, SB1025, SB1061, SB1073, SB1106, SB1268, SB1281, SB1300, SB1362, SB1379, SB1447, SB1451, SB1555, SB1902, SJR36, SJR12, SCR13, SCR25, SCR5, SCR22, SCR12, SCR24, SB495, SB412, SB10, SB18, SB565, SB372, SB842, SB765, SB62, SB19, SB666, SB707, SB888, SB687, SB706, SB847, SB290, SB13, SB1248, SB740, SB14, SB1006, SB504, SB917, SB925, SB388, SB1902, SB1121, SB995, SB857, SB305, SB296, SB284, SB35, SB6, SB815, SB3, SB1281, SB1379, SB1300, SB1497, SB1499, SB1498, SB1451, SB1061, SB15, SB65, SB241, SB304, SB402, SB499, SB621, SB974, SB1023, SB1024, SB1025, SB1106, SB686, SB112, SB371, SB204, SB400, SB609, SB1447, SB670, SB502, SB427, SB850, SB854, SB413, SB1555, SB1362, SB1346, SB1033, SB1220, SB1073, SB810, SB987, SB1539, SB893, SB447, SB875, SB406, SB509, SB985, SB965, SB17, SB1119, SB1505, SB12, SB24, SB57, SB1194, SB1253, SB1215, SB1532, SB1268, SB1302, SB856, SB650, SB583, SB673, SB840, SJR57, SCR8, SB213, SB681, SB1172, SB1252, SB378, SB610, SB918, SB1343, SB608, SB487, SB955, SB957, SB988, SB990, SB1019, SB1021, SB1120, SB251, SB958, SB535, SB761, SB1, SB541, SB315, SB379, SB1018, SB1737, SB266, SB1415, SB3, SB6, SB15, SB35, SB290, SB706, SB842, SB917, SB1281, SB1451, SB1902, SB12, SB13, SB17, SB19, SB388, SR261, SR265, SR276, SR277, SR281, SR286, SR293, SCR5, SCR13, SB2425, SB2880, SB10, SB12, SB13, SB17, SB18, SB19, SB388, SB412, SB495, SB2425, SB2880

Keywords: SCR 5, Senate Concurrent Resolution 5, Texas School for the Deaf, TSD, Robert Rives, gymnasium naming, building naming, honorary resolution, commemorative resolution, deaf education, hard of hearing, Gallaudet University, alumni hall of fame, football coach, school facility naming, education K-16, State Affairs, Texas Legislature, public school tribute, water rights

Transcript Highlights:

• To me, this smells like a risk pool.
• don't work, because we've had risk pools that have gone under because of it, and with risk pools that
• risk pools that have had trouble<00:18:59.520> doing<00:18:59.880> it.
• having getting the vaccines purchasing having getting the vaccines purchasing the<00:28:50.000><
• relative to pool risk management programs.

Keywords: 1189, house, all

Transcript Highlights:

• Um, but our access to having an applicant pool is very difficult.
• Um, but our access to having an applicant pool is very difficult.
• Applicant pool is very difficult.
• Rather than pool.
• Um Um Um rather<00:44:53.080> than rather than rather than pool. pool. pool.

Bills: HB2614, HB1660, HB1704, HB1563, HB1573, HB1777, HB1749

Keywords: cosmetics, returns, refunds, consumer protection, high-pressure sales, transparency, accountability, HB1660, Hawaii, county labor standards, counties, contractors, building permits, permit denial, permit suspension, permit revocation, wage theft, wages, benefits, hours

Summary: The committee heard testimony on HB 2614, which would require merchants selling cosmetics to accept returns of newer unopened goods within specified time frames and expand signage requirements for return and refund policies. DCCA’s Office of Consumer Protection strongly supported the bill, citing updated figures of 180 cosmetic complaints from 2020 to 2025, 54 still under investigation, 148 referred to class action litigation, and more than $1.3 million in consumer losses. Members questioned whether the bill was needed given the pending lawsuit and whether bad actors would comply, while the office responded that clearer signage would improve consumer awareness and could reduce complaints without limiting other remedies. No vote was taken. The committee then heard HB 1660 HD1, which would allow counties to require contractors to disclose wage, benefit, hour, and employment-status information and to deny, revoke, or suspend permits for certain labor-law violations. DLIR, the Hawaii Regional Council of Carpenters, Operating Engineers Local 3, and Pacific Resource Partnership testified in support, arguing the measure would help deter cheating contractors, protect law-abiding employers, and keep bad actors from undercutting wages and taxes. One member raised concerns about possible delays to affordable housing projects and whether owners should be held responsible for contractors’ misconduct; supporters replied that compliance is a minimum standard, that county action would be discretionary rather than automatic, and that the bill would not bar counties from working with affordable housing developers. No action was reported. Finally, the committee took up HB 1704, adopting the Psychology Interjurisdictional Compact to allow telepsychology and temporary in-person practice across state lines. The Department of Corrections and Rehabilitation, the State Health Planning and Development Agency, the Hawaii State Association of Counties, and the Hawaii Association of Health Plans supported the measure, saying it would help fill major staffing gaps, especially for forensic evaluations and services in rural and neighbor-island communities. The Board of Psychology raised concerns about the compact’s scope, the need for a study focused specifically on psychologists, background-check requirements, possible loss of regulatory authority and revenue, and the need to update older statutory provisions. Hawaii Association for Justice opposed the immunity language in the compact, and Shawn Scanlon opposed the bill, arguing it could weaken cultural responsiveness and local control and suggesting the state instead improve temporary licensing and other in-state pathways. The committee also questioned the Department of Corrections about its vacancies and whether telehealth could be filled by local providers; no vote was taken in the excerpt.

Transcript Highlights:

• You cover them in the pool. That's correct. All of them, Madam Chair, that's correct.
• participated yet, I think that that is something that you know they need to really participate as a pool
• And then my other question is if you did have APS public schools participating in this and this pool,
• Been tasked with purchasing through appropriations through the legislature.
• As mentioned earlier, we did receive an appropriation in 2022 to purchase a new plane.

Keywords: 996, all

Transcript Highlights:

• I do believe that they do add an extra layer of safety in and around the pool.
• swimming pools.
• The problem I see is that pools are very different than open bodies of water.
• clarity, pool safety signage, and guard-to-swimmer ratios.
• When children go to swimming pools, they learn how to swim.

Keywords: 995, all

Summary: The Joint Committee on Public Safety and Homeland Security heard testimony on several bills, beginning with a major workplace violence proposal for health care settings. Senator Lovely, the Massachusetts Nurses Association, the Massachusetts Hospital Association, and SEIU 1199 all supported legislation requiring hospitals and other health care employers to conduct facility-specific risk assessments, develop violence prevention plans, train workers, and provide reporting and protections for assaulted employees. Witnesses described workplace assaults as frequent and escalating, and committee members discussed balancing worker safety with concerns about criminalizing mental illness; testimony emphasized that the bill targets intentional assaults while preserving treatment and discretion for behavioral health crises. The committee also heard strong support for bills to strengthen traffic safety, including primary seat belt enforcement, rear-facing car seat requirements, and seat belts on school buses. AAA Northeast, the Brain Injury Association of Massachusetts, law enforcement, legislators, and the Massachusetts Insurance Federation all backed the measures, citing crash data, injury prevention, and personal stories of traumatic brain injury. Senator O’Connor testified for school bus seat belts, saying Massachusetts should join other states requiring them, and later Sophia Furzada of the National Transportation Safety Board urged passage of school bus seat belt and child passenger safety bills, saying lap-shoulder belts would reduce injuries and save lives in crashes where compartmentalization is not enough. Other testimony included support for a bill to make 9-1-1 disability indicator forms more accessible and inclusive, with the witness arguing the form should better reflect mental health, developmental disabilities, language access needs, and a fifth-grade reading level. The committee also heard opposition to a proposal to extend Christian’s Law to swimming pools, with a parks and recreation director warning of unintended consequences for municipal camps and underserved communities. Finally, the committee took testimony on a bill to expand the Forensic Science Oversight Board to include workforce representation, which MOSES said would restore technical expertise to the board. At the end of the hearing, the committee adjourned without taking votes on the bills discussed.

Transcript Highlights:

• Dues or they buy risk pool insurance, and these risk pools shed their profit.
• Another way is the investment pool. So there's an investment pool that TASB owns, and it manages.
• or TASB has a risk pool as well.
• But we don't have a risk pool.
• Or maybe we just purchase it. I don't know.

Bills: SB458, SB819, SB1238, SB1642, SB1643, SB1644, SB1791, SB1810, SB1824, SB1825, SB758, SB1455, SB1706

Keywords: insurance appraisal, property insurance, auto insurance, homeowners insurance, residential property, disputed loss, loss valuation, appraisal clause, appraiser, umpire, Texas Department of Insurance, TDI, insurance dispute resolution, claims adjustment, total loss, windstorm insurance, FAIR Plan, surplus lines insurance, policyholder, insurer

Transcript Highlights:

• Um, I have yet to purchase a home, and I'm looking to do so, so I'm very excited about that.
• It's going to bring, you know, expand their pool a little bit more to pass that savings on, but I also
• It's going to bring, you know, expand their pool a little bit more to pass that savings on, but I also
• It's going to bring, you know, expand their pool a little bit more to pass that savings on, but I also
• and home buyers um qualifying purchases and home buyers um qualifying<00:35:31.800> to<00:35:

Keywords: 1183, house

Transcript Highlights:

• Requiring vaccines purchased pursuant to the statewide vaccine purchasing program to be recommended by
• So the risk pool is different than an employer-covered one.
• Be during the time that they purchase on the exchange?
• I believe we talked a little bit about the risk pool, right?
• A higher, bigger pool of individuals who are indeed in this pool.

Transcript Highlights:

• You're really reducing the pool of people to be able to purchase an asset.
• You're really reducing the pool of people to be able to purchase an asset.
• If I have a tennis court or a swimming pool or a kiddie pool, right, and the kiddie pool is damaged and
• or a swimming pool or a swimming<02:00:33.000> pool<02:00:33.280> with<02:00:33.400>
• a kid Kitty pool swimming pool with a kid Kitty pool right<02:00:35.440> and<02:00:35.719>

Keywords: 1187, senate, all