Video & Transcript Research : 'executory contract'
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AR
Arkansas 2026 1st Special Session
EDUCATION- HOUSE EARLY CHILDHOOD SUBCOMMITTEE Feb 17th, 2026
Transcript Highlights:
- been on a mainframe since 2007, and the cost of that software to be... ...held and updated with a contract
- No, there's hiccups, but we built that in-house with the existing staff to come off that contract.
- With that coming in-house, it frees up dollars in that contract.
- With that coming in-house, it frees up dollars in that contract, like in the CCDF grant.
- So, for example, and this is just an example, ...but looking at it through more of a contracted way to
Summary:
The committee met to review the minutes and then held a workshop-style discussion with Arkansas Department of Education early childhood officials about the state’s early learning programs, funding, and access. Officials explained that the state-funded ABC program has been largely flat for years, rising from $11 million to about $14 million in 2018, while the federally funded SRA/CCDF side is much larger. They described differences between the programs, including ABC’s 10-month school-year structure, current enrollment of about 23,000 children in ABC and about 14,871 in SRA, and a SRA wait list that has grown to roughly 2,971 children. Members raised concerns about rural access, school-based versus community-based providers, reimbursement rates, and the need to align early childhood funding with K-12 and kindergarten readiness goals.
A major topic was the recent $14.741 million PDG B-5 competitive grant. Officials said it is a one-year systems-building grant, not a direct services grant, and will support local leads, CLASS observations, workforce efforts, and data systems while helping offset some costs that otherwise would have been paid through CCDF. Members also discussed the end of a federal pre-K funding stream in June, with children either moving into ABC slots or requalifying for SRA, and the state’s new enrollment-based payment approach, which officials said saved about $576,000. The committee also heard that the current cost-of-care study is about three years old and that a new market-rate survey is being planned.
Several members questioned dual enrollment in home visiting/HIPPY and ABC, with officials saying about 1,200 children are enrolled in both and that limiting double enrollment could save about $2.4 million and affect roughly 470 children. Members also asked about provider closures after rate changes; officials said eight providers cited funding as a reason for closing, while 26 new providers have been added under the new rates. The discussion ended with broad agreement that the committee should continue regular updates, keep providers and families informed, and explore policy changes, waivers, and possible state investments to improve stability, access, and quality in early childhood education.
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Personnel, Public Retirement, and Finance (1-28-26)
Transcript Highlights:
- We have been able to restore vendor support with a vendor that we had canceled a contract with and was
- We have been able to restore vendor support with a vendor that we had canceled a contract with and was
- you give us a roundabout percentage of the amount of funds that go to software, hardware, vendor contracts
- funds that go to software, hardware, funds that go to software, hardware, vendor<00:14:34.320>
contracts - , vendor contracts, vendor contracts, and<00:14:36.240>
internal <00:14:37.199>staff
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.
NV
Nevada 2025 Regular Session
Assembly Committee on Commerce and Labor May 31st, 2025 at 11:30 pm
Commerce and Labor
Transcript Highlights:
- PBMs, we have been meticulous in making sure that PBMs will be able to still make money through contracts
- That PBMs will be able to still make money through contracts while the bulk of the savings are passed
- Once they collect their already contracted fees, then directly that cost or that rebate from the savings
- So they're still contracting and they're still able to collect their fees with that contract rather than
- why we have that language, kind of capturing all of that payment instead of just having it be the contracted
Keywords:
public employees, police officers, benefits, appropriation, law enforcement, medical debt, collection agency, healthcare, consumer protection, financial assistance, occupational safety, air quality, greenhouse gases, employee monitoring, safety program, hemp, hemp products, cannabidiol, CBD, cannabis
MN
Minnesota 2025-2026 Regular Session
Child Committee Meeting - 2025-04-08
Children and Families Finance and Policy
Transcript Highlights:
- the agency's policy bill, and it exempts the Commissioner of Children, Youth, and Families from contract
- Under current law, there are limits to contracts and contract amendments such that They can't go beyond
- The DCYF Commissioner is to contract with specified entities to provide permanency services for children
- The provision allowing the state to extend our contract with EBT providers to avoid a constant churn
- of contracting will support more efficient and effective government.
Bills:
HF2436
MN
Transcript Highlights:
- Requests for contract amendments.
- Our program staff works with all of those great grantees to make contract amendments.
- They're written amendments to the contract; it's not something that somebody just goes out and makes
- We don't just sign a contract and they go away.
- short on time, so I don't want to go too deeply into this, but we hired five people this year on contract
CA
California 2025-2026 Regular Session
Senate Emergency Management Committee Apr 21st, 2026
Emergency Management
Transcript Highlights:
- structure to evaluate, test, and deploy new technology, whether it's getting smarter about how we contract
- personnel, coordinate field demonstration, and accelerate statewide deployment through more flexible contracting
- structure to evaluate, test, and deploy a new technology, whether it's getting smarter about how we contract
- personnel, coordinate field demonstration, and accelerate statewide deployment through more flexible contracting
OK
Oklahoma 2026 Regular Session
Rules REVISED: HJR1040 - Removed | HJR1084 - Added Mar 3rd, 2026 at 01:30 pm
Rules
Transcript Highlights:
- That was my question on page four that may contract with one or more entities.
- I'm looking at the bottom of page one, it's the board of county commissioners Shall approve the contracts
- This just narrows down when you can declare an emergency for schools, approving Mercy contracts whenever
- It's a civil contract that we as a state support.
FL
Florida 2026 4th Special Session
February 3, 2026 - 02:30 PM
Transcript Highlights:
- So it prohibits funeral and burial service providers from contracting with hospice providers to be the
- So there have been instances where hospices have contracted with one particular funeral provider, even
- if there were pre-need contracts with the families at other funeral homes.
- protection standards for public adjusters, improves the regulatory efficiency for spending and contracting
Summary:
The Insurance and Banking Subcommittee met with a quorum present and heard four bills. HB 1231, relating to final disposition, funeral, and cemetery services, was presented as a consumer protection and workforce modernization measure. After questions about hospice/funeral provider exclusivity, direct disposal licensing, causes of action, and funeral director/embalmer licensure, the bill was amended by strike-all to remove some provisions and add authorization and regulation of natural organic reduction. Support came from funeral industry representatives, and the bill was reported favorably with the committee substitute.
HB 943 would require Citizens Property Insurance Corporation to create a commercial lines clearinghouse by January 1, 2027, to move certain commercial residential and other commercial risks into the private market while maintaining current eligibility rules. The sponsor and members discussed Citizens’ remaining commercial exposure, surplus lines participation, and carrier financial-strength guardrails. A strike-all amendment conforming to the Senate version and making technical corrections was adopted, and the bill passed favorably with the committee substitute after supportive debate from members.
HB 1221, a Department of Financial Services bill, was described as streamlining DFS processes, improving licensing, updating the My Safe Florida Home Program, strengthening public adjuster protections, and modernizing unclaimed property rules. Three amendments were adopted: notice before a My Safe Florida Home application is deemed abandoned, removal of a misdemeanor disclosure requirement for certain licensure applicants, and a provision allowing public officials to appoint or promote relatives to firefighter positions through a competitive process in a collective bargaining agreement. Testimony was generally supportive, including from firefighters and unclaimed-property claimants’ representatives, and the bill was reported favorably with a committee substitute.
HB 99, concerning reinsurance intermediary managers, would exempt certain underwriting managers handling limited facultative reinsurance business from the intermediary manager statute and instead require an agency license. With no public testimony or debate, the bill was reported favorably. The meeting then adjourned.
CA
California 2025-2026 Regular Session
Assembly Appropriations Committee Jan 22nd, 2026
Transcript Highlights:
- homeownership by removing the 180-day resale restriction currently in state law if the developer is under contract
- AB 1245, Stephanie, state contract certification. AB 1245, Stephanie, state contract certification.
- Do pass as amended to limit the bill's application to contracts valued in excess of $550,000, out with
Summary:
The Assembly Appropriations Committee met on January 22, 2026, for its regular order hearing and suspense-file hearing. In regular order, the committee approved consent-calendar bills AB 683, AB 763, AB 1126, and AB 1278 on unanimous due-pass motions, and AB 34 and AB 442 on a second unanimous due-pass motion. The committee then heard and advanced several bills, including AB 35, which would create an APA exemption for Proposition 4-funded programs to speed implementation of water, wildfire, energy-storage, and grid-support projects; AB 748, establishing pre-approved housing programs for local agencies; AB 939, allowing immediate transfer of certain affordable homeownership units to qualified nonprofit housing organizations; AB 643, adding a narrow organic-waste-derived agricultural fertilizer product to SB 1383 procurement options; and AB 96, removing the high school diploma requirement for certified Medi-Cal peer support specialists. Testimony on these bills was largely supportive, with sponsors and coalition representatives emphasizing reduced delays, lower costs, and improved housing, environmental, or behavioral-health outcomes. The Department of Finance offered general budget comments but no bill-specific positions. The committee voted the bills out, with AB 643 and AB 96 receiving no recorded opposition in the transcript and AB 939 passing with some members noting support and interest in coauthoring.
The committee also received a presentation-only discussion of AB 1091, a proposal to authorize eight-letter specialty license plates, which the author said could generate revenue for rural programs such as the Williamson Act; the bill was not acted on at that time. After public comment, the committee moved to the suspense-file hearing on 53 bills. Using a substituted motion for due-pass and due-pass-with-amendments items, the committee held some bills and advanced many others, often with amendments that narrowed scope, deleted provisions, or required reports or studies. Bills held in committee included AB 405, AB 298, AB 333, AB 296, AB 1091, AB 1241, and AB 577, among others. The committee reported moving 43 bills to the Assembly floor, with several on A roll calls and others on B roll calls or with amendments, and noted that amendment language would be posted later online.
MN
Minnesota 2025 1st Special Session
House Floor Session 5/8/25 - Part 1
Minnesota House Floor Meeting
KY
Kentucky 2025 Regular Session
Legislative Oversight & Investigations Committee (9-11-25)
Transcript Highlights:
- Is that your understanding of how the contracts are given, or you don't deal with them at all?
- Uh we are users manage those contracts. Uh we are users thereof. thereof. thereof.
- And then also include the private, uh, you know, the private prisons that we contract with.
- <01:02:17.839>
I <01:02:18.079>think contract with. Is that possible? - I think contract with. Is that possible?
Keywords:
Call to Order and Roll Call- 00:00:02
Statewide Emergency Response System Monthly Update- 00:02:23
Shock Probation: Administrative Office of the Courts-00:34:28
Shock Probation: Department of Corrections Oversight-01:04:04
Adjournment-01:12:22, 958, all
Summary:
The committee received an update on Kentucky’s statewide emergency responder voice system (SERVS) and the supporting microwave network, known as KYeS. Michael Brandon Marshall, the state’s statewide interoperability coordinator, explained that the project began as a replacement for Kentucky State Police’s radio system and has expanded into a statewide public-safety trunked radio system. He reviewed work completed in phases 1 and 2, including upgrades to existing tower sites, construction of new sites, installation of generators and DC power plants, and replacement of microwave routers and stations. He said the microwave upgrade is a separate but necessary part of the project and that the remaining microwave work on existing sites is expected to be finished in 2026, with roughly 20 more sites likely to move from blue to green by the next monthly report if conditions allow.
Members pressed Marshall on the pace of deployment and the lack of coverage in parts of Eastern Kentucky. Senator Thomas said the coverage map was especially unfavorable to counties from Whitley and McCreary up to Lewis County and asked when that gap would be fixed. Marshall said the eastern buildout is planned, but those areas have not yet been funded; he estimated that by the end of 2026 the areas around Posts 14, 8, and 11 should be live, while other eastern post areas would remain unbuilt until additional funding is provided. He said the decision to start in Western Kentucky was technical rather than political, based on terrain and the relative ease of building coverage over flatter ground.
Senator Wheeler asked whether newer low-orbit satellite systems such as Starlink could reduce the need for tower construction. Marshall said satellite technology could be a useful tool, especially for outdoor or disaster-response communications, but it cannot replace terrestrial radio for public safety because responders often work indoors and need reliable penetration through buildings. He also noted that lower-frequency spectrum such as 700 MHz is better suited for that purpose. Representative Smith asked about contracting and delays; Marshall said the Finance Cabinet’s DECA manages the construction contracts, while his office helps define the scope of work and reviews whether it is adequately met. The committee indicated it will continue to receive monthly updates on the project.
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 4/1/25
State Government Finance and Policy
Transcript Highlights:
- <00:16:03.440>
that change uh because of the contracts that change uh because of the contracts - Then section nine, contracts, on page four—this is from Representative Clardy and House File 2232.
- from certain new prohibited contract provisions that we'll see later in the bill, and that were also
- Then section nine, contracts, on page four—this is from Representative Clardy and House File 2232.
- from certain new prohibited contract provisions that we'll see later in the bill, and that were also
Keywords:
HF627, fiscal note, fiscal notes, Minnesota Legislature, state government, committee procedure, ranking minority member, minority party, standing committee, Ways and Means, Finance Committee, legislative process, budget analysis, fiscal impact, Minnesota Statutes 3.98, committee chair, legislative transparency, HF474, Hubert H. Humphrey, Henry Mower Rice
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 114 May 8th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- with that or how the state will contract with that or how the state will contract those<02:02:00.239
- We do not bid for, look for, try to get contracts for this type of thing, nor will I be participating
- for this type of try to get contracts for this type of thing,<02:07:26.400>
nor <02:07:26.639> - general's office contract for that work. general's office contract for that work.
- contracts with managed care facilities. contracts with managed care facilities.
MS
Mississippi 2026 Regular Session
Appropriations - Room 210; 21 January, 2026: 1:30 PM
Appropriations
Transcript Highlights:
- That's a 5-year contract. That increase is automatically built into that contract.
- That increase is automatically contract.
- And the built into that contract.
- So, moving to the vital core contract.
- to draw contract and you collect money. to draw contract and you collect money.
Summary:
The subcommittee heard the Mississippi Department of Wildlife, Fisheries, and Parks present its FY27 budget request and discuss accomplishments from prior appropriations. The commissioner highlighted improved conservation officer retention after salary increases, continued training and wellness efforts, upgrades to state parks and cabins, expansion of tiny homes, fisheries stocking and youth fishing programs, ongoing chronic wasting disease testing, and the Museum of Natural Science’s recent accreditation. The agency said it wants to maintain parks and facilities so they do not deteriorate again, and it emphasized tourism and public access benefits.
Budget staff then outlined the request: $21.7 million in general funds, including increases for state parks, the museum, law enforcement, and chronic wasting disease; $23.2 million in state support capital and education funds; and $86.99 million in special funds authority. Major capital requests included $18.8 million for state parks projects at several parks, $1.25 million for law enforcement facilities, $2 million for Lake Lamar Bruce improvements, and $1.125 million for mobile teaching vans. Members asked for more detail on general fund increases, proof that law enforcement salary enhancements reached field agents, more information on the tiny home program and its return on investment, the source of motor vehicle funds, and a breakdown of requested pins and vacancies.
The committee also questioned the agency about chronic wasting disease, with the department saying the $400,000 request supports testing and research and that live testing is not yet reliable. Members raised concerns about prioritization of lake and park maintenance, especially Lake Claude Bennett, and whether the agency is too reactive rather than proactive in addressing deteriorating facilities. The department said funding limitations and federal restrictions on certain lake dollars drive its priorities, and that it focuses on the most-used parks and lakes. No votes or formal actions were taken in the meeting.
ND
North Dakota 2025-2026 Regular Session
Judiciary Committee Jun 17th, 2026
Transcript Highlights:
- November 2024, the lottery completed the request for proposal process and signed a new contract with
- With that contract, the lottery's future obligation is 13.110% of ticket sales.
- We then continued... ...paying for advertising services without a written contract.
- So that could be sitting in a jail if we're contracted with a jail. It could be the penitentiary.
- The Restatement of Contracts, the Model Penal Code, the model codes that states should follow.
Summary:
The committee opened with a moment of silence for a deceased member, then approved the April minutes and heard a presentation from HHS on the Diversion Task Force and related youth services grants. Chelsea Florey described the $750,000 one-time appropriation from HB 1012, the five awarded grants, and how programs in Bismarck, Fargo, Grand Forks, and Minot are using the funds for youth diversion, including school-based groups, physical activity, and services for problematic sexual behavior. Members raised concerns about staffing shortages, family engagement, service silos, and whether diversion eligibility rules are too rigid; Florey said the task force is focused on better coordination, broader education about available services, and possible changes to diversion criteria, with the Children’s Cabinet likely to drive broader recommendations.
The committee then received a North Dakota Lottery biennium report from Director Thomas Lawler, who reviewed the lottery’s history, games, retailer commissions, player programs, and revenue distribution. He reported about $67 million in ticket sales for the 2023-2025 biennium, about $16.2 million transferred overall, including roughly $13.6 million to the general fund, plus transfers to drug task force and compulsive gambling funds. Members asked about the compulsive gambling allocation and whether it is set by statute.
Next, the Department of Corrections presented on criminal justice data sharing and reentry. Adam Anderson explained that jails, courts, DOCR, HHS, and other entities use separate systems with limited interoperability, making real-time communication largely manual. He outlined possible hub or point-to-point IT solutions, but noted cost, vendor, identifier, and data-definition challenges. Robin Schmolenberger followed with an update on a Medicaid data exchange project between DOCR and HHS to suspend and reactivate inmate Medicaid coverage automatically and improve care coordination, with full bi-directional exchange expected in fall 2026. The committee also heard from county representatives on 24-7 sobriety program fees and an AG opinion allowing local sheriffs to use cheaper testing options when courts waive fees.
Finally, the North Dakota Racing Commission reviewed a troubling audit. Bruce Johnson acknowledged serious findings involving overspending from the promotion fund, missing grant documentation, a reversed decision on breeders fund eligibility, and repeated procurement violations. He said the commission has begun corrective actions, including monthly tracking of the promotion fund cap, stricter grant documentation, written procurement procedures, and clearer eligibility rules in condition books. Members pressed him on how the overspending occurred, whether the commission board would impose consequences, and whether statutory clarification is needed on the promotion fund limit and related spending rules.
KY
Kentucky 2026 Regular Session
2026 Budget Conference Committee (3-20-26)
Transcript Highlights:
- Uh, this language cancels Rural Infrastructure Improvement Fund pool replacement contracts on June 30
- And then Medicaid managed care organization contracts.
- This is from the organization contracts.
- fiscal year 28 for contracted psychiatric<00:46:34.920>
services. - Page 105, veterinary medicine contract spaces.
Summary:
The Free Conference Committee on the 2026 General Assembly budget met to reconcile differences between the House and Senate versions of House Bill 500. Leaders opened by thanking the other chamber’s work, asking members to turn microphones on and off to avoid feedback, and stressing the need to clearly note decision points so both chambers record the same actions. Staff then walked through the bill page by page, explaining that the committee was comparing only House and Senate differences, not the governor’s proposed budget.
The discussion covered a wide range of appropriations and language items, including next generation non-911 services, school safety reporting tools, restored funding for brain injury, epilepsy, veteran service, homeless veterans, and rocket docket programs, debt service changes, rural infrastructure, disaster aid caps, Attorney General and Medicaid fraud funding, agriculture and county fair grants, auditor and pension-related appropriations, school facilities and SEEK funding, and numerous education programs. Members also discussed charter-related funding such as Star Academy, Dolly Parton Imagination Library, school resource officers, school-based mental health providers, AP/IB exams, Governor’s Scholars and Entrepreneurs, and several pilot or initiative programs in economic development, energy, and labor. Several items were described as technical corrections or restorations of language and funding, while others reflected differences in amounts or how funds would be distributed.
There were several questions and comments from members about wording such as “implement and carry out,” the absence of the governor’s budget from the comparison document, and whether SEEK funding should be tied to teacher raises. The chair and other members emphasized that the committee’s role was to reconcile the two chambers’ budgets, not to adopt the governor’s proposal. Members also raised concerns about opioid settlement funds and the Dolly Parton Imagination Library match rate, with one senator urging restoration of the House language. No final vote or formal action was taken in the portion provided; the meeting primarily consisted of explanation, questions, and discussion of proposed budget differences.
FL
Florida 2026 5th Special Session
Judiciary Feb 10th, 2026
Transcript Highlights:
- You're signing essentially an adhesive contract. The lawyers on here will remember that.
- The bill also requires the potential recipients of a county or municipal contract or grant to certify
- Senator Yarborough: Contracts, if they’re basing everything on the merits, which I know everyone doesn
- Hiring, contracting, everything local government does, everything we do should be based on the merits
- Those who work under a contract with a government entity must abide by the general anti-discrimination
Summary:
The committee first considered CS/SB 1434 on infill redevelopment. A late-filed strike-all amendment narrowed eligibility to certain contaminated or brownfield properties in Miami-Dade, Broward, and Palm Beach counties, added adjacency and density/intensity limits, and excluded agricultural land, park land, land outside the urban growth boundary, and land near military installations. The amendment was adopted without opposition, and the bill was reported favorably on an 8-0 vote, with limited support and opposition noted in waived appearance forms.
Members then took up CS/CS/SB 212 on sexual offenders and sexual predators. The strike-all added public swimming pools and related child-centered locations to residency and presence restrictions. Testimony was sharply divided: proponents argued the bill would help protect children and law enforcement, while opponents, including treatment experts and homelessness advocates, said there was no empirical evidence the restrictions reduce abuse and warned of retroactive punishment and increased homelessness. The amendment was adopted, and the bill passed 8-1.
The committee also approved CS/CS/SB 686 on agricultural enclaves after an amendment allowing certain enclaves adjacent to interstates to be developed for commercial, industrial, or single-family residential uses and clarifying exclusions for protected areas. Opponents argued it would weaken zoning and comprehensive plans, while supporters framed it as a property-rights measure; the bill was reported favorably 10-0. SB 554 on nonprofit corporations, a technical update to nonprofit law modeled on prior for-profit corporate revisions, also passed unanimously after supportive waived testimony.
Later, the committee approved SB 1338 on charitable giving, which creates a donor remedy for endowment restrictions and limits state reporting burdens on certain regulated or exempt organizations; members discussed cy pres and the sponsor said further changes would be worked out later. CS/SB 532 on court fees was amended to let clerks retain all collections above revenue projections rather than half, with supporters saying clerks have been underfunded for years; it passed 10-0. The committee also favorably reported SB 218 on land use regulations, which restores normal land-use authority to counties not affected by recent hurricanes, and CS/SB 692 on cybersecurity standards and liability, which creates a presumption against liability for entities that comply with cybersecurity frameworks and reporting requirements; the cybersecurity bill drew concerns about retroactivity and the adequacy of compliance incentives but passed 9-2.
HI
Transcript Highlights:
- The HHRF has contracted an entity right now to explore restarting the fund.
- The HHRF has contracted<00:28:14.240>
an <00:28:14.480>entity <00:28:14.960>right - ><00:28:15.200>
now <00:28:15.360>to contracted an entity right now to contracted an entity - When the AON, the contracted vendor, came back to us, they recommended that with that existing money,
- 26.159>
vendor, <00:34:27.040>came The AON, the contracted vendor, came back to us.
WA
Washington 2025-2026 Regular Session
Select Committee on Pension Policy May 19th, 2026 at 10:00 am
Select Committee on Pension Policy
Transcript Highlights:
- Another one is the negotiation of a publicly bid contract.
- Another one is the negotiation of a publicly bid contract.
- Contract.
- And then, in addition, the agency then signs a contract with that individual, that contract is also void
- , not just the decision to hire them, but the act of signing the contract would be something that they
Summary:
The Select Committee on Pension Policy approved its minutes by roll call vote, then postponed an OSA annual update due to a family emergency. The committee received an Open Public Meetings Act refresher from Assistant Attorney General Kate Adams, who reviewed key compliance points including quorum and serial meetings, notice and agenda rules, executive session limits, public comment requirements, and the consequences of violations. She also noted a litigation hold notice sent to members and provided resources for further guidance.
Staff then briefed the committee on E2 Second Substitute House Bill 2034, which restates and terminates LEOFF 1 on June 30, 2029, creates a restated LEOFF 1 funded by transferred assets, and places excess assets into a pension surplus holding account that could later be used by the state. The bill requires DRS to seek IRS guidance, directs OSA to calculate the transfer amount and assess any future unfunded liability, assigns implementation duties to DRS, OSA, the Pension Funding Council, the State Investment Board, and the Treasurer, and requires two SCPP studies on LEOFF 1 medical benefits and policy oversight. OSA’s actuary estimated the transfer to the surplus holding account at about $3.9 billion under current assumptions and said the bill increases the modeled chance of future state contributions if the restated plan falls below 100% funded; members asked about IRS timing, the 2029 transfer date, and whether the 110% buffer is sufficient.
The committee also received an update on the LEOFF 1 medical benefits study required by the bill. Staff said the study will examine the administration of pension boards and medical liabilities, likely focusing on medical benefits, and will gather anonymized data from local boards, cities, counties, and related agencies over the next three years. Members and public commenters discussed the number and structure of local boards, whether spouses receive medical benefits, and the possibility of regionalizing or consolidating administration. No action was taken, but staff said they would return with milestones and further updates.
Finally, staff outlined a possible Plan 3 study, prompted by DRS, to evaluate whether the original goals of Plan 3 have been met after 30 years. The proposed study would review historical context, member choice outcomes, policy questions, and possible recommendations over a two-year period. The committee also heard an update on new correspondence procedures, including a new online web form, a correspondence log in meeting packets, and removal of correspondence from the public website. During public comment, retiree groups urged the committee to pursue an ongoing COLA for PERS and TRS Plan 1, with interim ad hoc COLAs until then, while LEOFF 1 retirees urged caution about changing the current board structure and emphasized the complexity of medical benefit administration.
AR
Transcript Highlights:
- If you look at what happened in the Well Path contract, About Joe Perfury.
- it cost taxpayers to do the same contract $350 million.
- Since 2016, in the next contract, they're going to get $700 million.
- It's going to make other areas contract.
- You can't expand one part of the balloon without contracting somewhere else.