Transcript Highlights:

• 2.16 million however one one settlement 2.16 million however one one settlement or<01:49:56.239>
• These are cost settlement recoveries.
• These are cost settlement recoveries.
• That is a continuing settlement, and this is called the NPM adjustment settlement agreement.
• . called the um npm adjustment settlement called the um npm adjustment settlement agreement agreement

Keywords: 928, house, all

Summary: The Department of Safety presented an overview of highway fund and unrestricted revenue collections, focusing on the Division of Administration, the Road Toll Bureau, and the Division of Motor Vehicles. Amy Newbery explained that the main unrestricted funding sources are highway funds and general funds, with highway fund revenue of about $263 million in FY 2024 and a FY 2025 projection of $261.2 million. She said revenue growth has been modest and has not kept pace with costs, creating structural deficits that required general fund transfers of $50 million in FY 2022-23 and another $10 million in FY 2024-25 to balance the fund. Jennifer Hall described Road Toll operations, including motor fuel tax collection at the distributor level, compliance enforcement, and licensing for fuel distributors, transporters, IFTA carriers, and oil discharge/pollution control. Members asked about IFTA, dyed-fuel enforcement, the possibility of using the state forensic lab for dyed-fuel testing, and whether audit positions had been filled; the department said it recently hired a part-time fuel enforcement officer, still uses IRS testing, could explore lab testing, and had no audit vacancies. Hall also discussed factors affecting fuel-tax revenue, including gas prices, crude oil forecasts, weather, tourism, GDP, and inflation, and said FY 2024 road toll revenue was $127.5 million, above plan, with FY 2025 projected at $127.71 million. The committee then turned to DMV-related revenues. Newbery said motor vehicle registration revenue was $93.1 million in FY 2024 and is projected at $90.4 million in FY 2025, with the state share going directly to the highway fund. Members asked about the state/town fee split, the five-year registration cycle dip, the distribution of registration revenue by vehicle weight category, and the impact of electric-vehicle surcharges; the department said the five-year dip is still occurring and will fade over time, and it would follow up on the weight-category breakdown. The presentation also noted that driver-license revenues have stabilized, inspection revenues remain steady, plea-by-mail revenue was added to the highway fund in FY 2024, and general fund revenues tied to the department are relatively small and have declined as some functions moved to OPLC. No votes or formal actions were taken.

Transcript Highlights:

• Created by settlements and judgements resulting from both uninsured and underinsured causes of action
• And finally, there's our $4 billion settlement related to the AB-218 claims, brought under a law that
• The tentative four-billion-dollar settlement under AB 218, this settlement is unprecedented and by far
• Davenport, in your settlement you comprehensively addressed all the cases that you knew about.
• We are still working on settlement of additional claims.

Keywords: 988, house, all

Transcript Highlights:

• . >> Chair: DID GENERAL COUNSEL INFORM YOU THAT THERE WAS A SETTLEMENT WITH ACHA. >> INDEED. >> Chair
• WE WERE NOT A PARTY TO THE SETTLEMENT AGREEMENT NOR WAS I INVOLVED IN THOSE CONVERSATIONS. >> Rep.
• Steele: IS THERE ANY CONNECTION TO THE SETTLEMENT FROM WALGREENS IN SATEEN.
• THERE IS A PHARMACY SETTLEMENT?
• >> I HAVE NO IDEA IN REGARDS TO ANYTHING OF THE SETTLEMENT. >> Chair: REPRESENTATIVE ANDERSON YOU ARE

Transcript Highlights:

• If you call the number on the billboard, and you get a big settlement, the hospital gets reimbursed for
• So that lawyer has to negotiate the whole conversation about settlement enough that you're going to pay
• If you have a settlement case where there's not enough money to go around, that's the issue that I think
• The norm that you are trying to get to in that settlement on... trying to get to in that settlement on
• So, you would probably pay out of a settlement or whatever it is, 35 cents on the dollar. Okay?

Bills: SB210, SB225, HB280, HB287, HB94, HB88, SB157, HB7, HB8, HB42

Keywords: hospital liens, medical billing, government healthcare, insurance claims, patient rights, blood tests, DUI, law enforcement, traffic offenses, chemical analysis, public nuisance, event liability, local government, community health, legal action, transparency, reporting, public safety, regulation, accountability

Transcript Highlights:

• So, the Consumer Settlement Fund, since 2023, the department has deposited over $350 million into the
• then the percent of that that's allocated out of the Consumer Settlement Fund to our agency.
• Though early on in 2021, almost 80% of the Consumer Settlement Fund was reinvested into the agency.
• It's sustainable if there were not a single settlement.
• Abuse settlements that are occurring at school districts.

Transcript Highlights:

• We've gotten letters from the settlement folks, right?
• Because right now those settlements are not being funded, okay?
• Because right now those settlements are not being funded, okay?
• However, they're planning on spending it for that settlement.
• However, they're planning on spending it for that settlement.

Keywords: 928, house, all

Summary: The committee first took up a House Bill 2 amendment to remove a bail-related section that had already passed in another bill and was now considered duplicative. Members discussed the earlier change to how bail commissioners are reimbursed, concerns that the Judiciary was losing money collecting the fees, and whether the magistrate-related language would still be needed. They noted the bill had already crossed over to the Senate, that the section was obsolete, and that any remaining issue about magistrates’ five-year terms might need to be raised with the Criminal Justice Committee. Amendment 997H, deleting section one, was moved, seconded, and adopted unanimously. The committee then reviewed a package of HB 1 position transfers involving the Department of Environmental Services, Fish and Game, and the Department of Natural and Cultural Resources. Staff explained that several positions were being shuffled to correct position numbers and align permitting functions, including one Fish and Game position moving back to Fish and Game, one DEES position remaining funded after ARPA money ends, and adjustments to hours for permitting and environmental services positions. Members discussed whether the Fish and Game position had been intended to be temporary, but ultimately agreed to accept the first four Environmental Services items and the last two Natural and Cultural Resources items as a package; that motion passed unanimously. They then also accepted sections 2 through 8 of HB 1 with the related amendments and footnote language. The committee next turned to dredge-and-fill fee changes in section 11, where one member objected to a 50% fee increase for seasonal docks, arguing it could discourage permitted work and might apply to repairs that only require notification. Staff said the increase was intended to help cover the cost of additional positions in future biennia, but members decided to hold that section for more information, including how many seasonal dock repair fees are actually collected. Finally, the committee began discussing HB 215 and a proposed tipping-fee/surcharge structure to make a solid waste accounting unit self-funded, with members saying the fee could offset about $2.9 million in general fund costs and support the grant program, but no final action was taken on that item in the portion of the meeting provided.

Transcript Highlights:

• We are within $700,000 in negotiating with the insurance company to agree upon a final settlement.
• But we have already received the settlement on the insurance for the original $7.1 million.
• It's using Master Settlement Agreement funding.
• Number 10, Tobacco Settlement Commission with UCA.
• Number 10, Tobacco Settlement Commission with UCA.

Summary: The committee considered and approved several temporary appropriation requests in Section B, including spending authority for the Court of Appeals to pay appointed counsel in criminal appeals, Commerce/Aeronautics airport and aviation grants, and Insurance Department items for workers’ compensation benefits and premium tax refunds. It also approved ARPA-related requests in Section C to return unused federal funds from DHS aging, mental health, substance abuse, and Older Americans Act grants. In Section D, the committee reviewed and approved Infrastructure Investment and Jobs Act requests, including Agriculture grants for wildfire preparedness and forestry capacity, a large Commerce broadband BEAD request, environmental recycling-related reallocations, and Oil and Gas Commission grants for facility repairs and sample preservation. Members questioned the broadband program’s audit process and performance safeguards; the State Broadband Director said the funds are federal, subject to audits, and payments are released only after engineering certification of completed work. The committee also approved DHS reallocations in Section E, including major transfers within Medical Services from hospital medical appropriations to private and public nursing home lines, as well as transfers for children and family services, developmental disabilities, and youth services. The committee then reviewed cash fund requests, miscellaneous federal grants, pay plan and performance fund transfers, methods of finance, and a large set of contracts. A Northwest Arkansas Community College official explained storm-damage repairs and insurance settlement issues, and DHS explained its hospital medical transfer was moving excess appropriation rather than cash. Members also questioned several UAPB tobacco prevention subgrants, especially arts-based outreach, and asked for more data on effectiveness; the committee later voted to expunge and re-refer the J-2 item for further review at a later ALC meeting. Additional discussion covered a DEQ grant to Free Geek of Arkansas for e-waste recycling, a UAPB tobacco program, and various contracts for universities, DHS services, corrections, and public safety. The meeting ended with reports filed for information and a brief member comment thanking others for concern after a tornado in Stone County; no one was injured.

Transcript Highlights:

• It does say insurance records related to claim settlement.
• <00:24:06.080> I records related to claim settlement.
• I records related to claim settlement.
• When it comes to the insurance records related to claim settlement. Mr. Walker.
• . settlement. settlement.

Keywords: 1187, senate, all

Transcript Highlights:

• Uh, there is a second set of eyes on big things like settlements over a million dollars.
• We've seen in the past some settlements get made for pennies on the dollar for, um, perhaps political
• Uh, there is a second set of eyes on big things like settlements over a million dollars.
• We've seen in the past some settlements get made for pennies on the dollar for, um, perhaps political
• at the last hour without oversight because we have had major settlements as someone was leaving office

Keywords: Consideration of HB 10 -- 00:03:22 Consideration of HB 456 -- 00:20:47 Consideration of HB 480 -- 00:31:24, 958, all

Summary: The House State Government Committee met and first considered House Bill 10, sponsored by Rep. Hodgson, as amended by a committee substitute. The bill was described as a transition-period ethics and accountability measure for statewide executive offices. It would require preservation of certain records such as emails and texts related to appointments, permits, pardons, contracts, and settlements; create whistleblower immunity for people providing credible evidence of wrongdoing; add extra review for large settlements and certain no-bid contracts; and extend probation periods for some employees who move back into merit positions near an administration change. Members raised concerns about constitutional issues, the Attorney General’s role, the whistleblower immunity provision, and the impact on merit-system employees and subject-matter experts. The committee substitute was adopted, the bill passed the committee 16-0 with four members passing, and a title amendment was also adopted. The committee then took up House Bill 456, sponsored by Rep. Freeland and presented with Deputy State Treasurer Russell Weber. The bill would designate the fourth week of September as Unclaimed Property Week, remove the requirement that the state treasurer live in Franklin County, allow mineral proceeds such as unpaid royalties to be reported as unclaimed property, and require more complete reporting information from holders. Supporters said the changes would help publicize unclaimed property and improve the return of funds to Kentuckians, noting that the office has returned about $88 million so far. Questions focused on why the residency requirement existed, whether the new week would limit claims, and whether the bill treated all constitutional officers consistently. The sponsor said the week was only promotional and claims could still be filed year-round. During discussion of House Bill 456, the chair asked the sponsor to look into a past $250,000 embezzlement reference mentioned in debate. The bill was then put to a roll call vote and passed the committee with 16 yes votes and four pass votes, and the committee moved a title amendment as well.

Transcript Highlights:

• One of the critical reasons is settlement time.
• So from a payments perspective or from an equities perspective, settlement takes time.
• Second, we want to enable real-time trading and settlement.
• enable real time trading and settlement. enable real time trading and settlement.
• Again really shortening that settlement Again really shortening that settlement time<00:12:08.959

Keywords: 1189, house, all

Summary: The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization. Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network. Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.

Transcript Highlights:

• That they force the silence of the voice of a victim and settlement agreements as they relate to the
• Other provisions of a settlement agreement, including the amount or payment terms of a settlement or
• In order to avoid repercussions, victims should not disclose settlement terms.
• To say survivors should be able to request a mutual NDA in a civil settlement agreement, but this approach
• A unilateral confidentiality provision to protect their names and whatever settlement terms they want

Bills: HB34, HB128, HB621, HB748, HB2259, HB2960, HB3113, HB4749, SB835, HB128

Keywords: HB 128, sister city, sister-city agreement, international exchange, municipal diplomacy, local government, state agency, political subdivision, foreign adversary, China, Russia, Iran, North Korea, Taiwan, major non-NATO ally, cultural exchange, educational exchange, tourism, bilateral cooperation, foreign relations

Transcript Highlights:

• This is the appropriation for the Department of Health and Human Services Tobacco Settlement Program.
• There are two different settlement programs.
• So is any portion of that funded with general revenue, or is it all settlement money?
• This is settlement money to me. Okay, thank you. That's my knowledge, yes.
• This is the appropriation for the Arkansas Tobacco Settlement Commission within the Department of Health

Keywords: 1204, all

Transcript Highlights:

• Is there another vote that you can put up in settlement? Oh, I have three more bills, right?
• Is there another vote that you can put up in settlement?
• Is this the monies from the opioid settlement fund? Mr. Sherman, Representative, that is correct.
• For those that haven't been around the last four years, this is the opioid settlement money.
• This is the opioid settlement money.

Bills: SB1317, SB1655, SB1656, SB1751, SCR1049

Keywords: reentry programs, criminal justice, funding, grants, recidivism, attorney general, jury duty, election worker, Arizona Revised Statutes, temporary appointment, civic duty, family court, professional personnel, parenting time, legal decision-making, evidentiary hearings, child custody, ethical standards, capital punishment, death penalty

Summary: The committee first took up SB 1655, which would have allowed qualified jurors to serve as temporary election workers instead of jury service if summoned 90 to 120 days before an election. The Arizona Association of Counties opposed the bill, saying the timing would create major planning and tracking problems for county jury commissioners and courts, and noting that jury service can already be excused in some circumstances. Members also raised concerns that jury duty and poll work are fundamentally different responsibilities. The motion for a due pass recommendation failed, 4-5, and the bill did not advance. The committee then heard SB 1751 and the related SCR 1049, both dealing with Arizona execution methods. The bills would expand the available methods of execution to include firing squad and lethal gas, alongside lethal injection, with the SCR going to voters. Senator Payne argued the change was needed because Arizona has had problems with past execution methods and that the inmate would choose among the options. Opponents, including a death penalty attorney and a corrections chaplain, argued the methods raise constitutional, operational, staffing, and trauma concerns, and that Arizona should not revive methods with a history of botched or prolonged executions. SB 1751 received a due pass recommendation, 6-2 with one absent and one present, and SCR 1049 also received a due pass recommendation, 6-2 with one absent and one present. The committee next considered SB 1317 as a strike-everything amendment appropriating $20 million in opioid settlement/remediation funds for county coordinated reentry planning services and a statewide database. Supporters from the Arizona Sheriffs Association and county sheriffs said the program has shown strong recidivism reductions, helps people transition from county jails back into the community, and should expand to more counties. Members asked about data, funding timing, and whether all counties should participate; supporters said the amount would likely be negotiated in the budget process and that the database funding was needed to track outcomes. The strike-everything amendment was adopted, and SB 1317 as amended passed 9-0 with one absent. Finally, the committee heard SB 1656, which would change how courts appoint professional personnel in family court cases and set guidelines for those appointees. Court representatives submitted written concerns, saying the bill would duplicate existing practice, require unnecessary and costly depositions of experts before appointment, mandate recordings of all interactions, and extend the statute of limitations for lawsuits. With no sponsor present and no outside speakers, members expressed concern that the bill was unnecessary and potentially costly. SB 1656 failed to receive a due pass recommendation, with three nays, six votes not in favor, and one absent.

Transcript Highlights:

• for dismissal following settlement. for dismissal following settlement.
• agreement and mutual release settlement agreement and mutual release was<00:33:12.640> signed
• There was a signing of a mutual settlement agreement and release.
• Of the exhibits for that mutual settlement agreement that I did provide already to this committee.
• <01:20:43.840> uh<01:20:44.080> in settlement had been completed. uh in settlement

Keywords: 1187, senate, all

Transcript Highlights:

• I gave up hoping years ago that Spring Branch would be open to settlement, although we tried at every
• To settlement, although we tried at every possible point along the way.
• when investigations are closed following a settlement.
• when investigations are closed following a settlement.
• when investigations are closed following a settlement.

Summary: The Committee on Education K-16 heard several bills focused largely on special education transparency, school safety, and student support services. Senate Bill 1908, by Senator Zaffirini, would direct the Higher Education Coordinating Board to study the feasibility of a statewide system for coordinating clinical training placements, including regional portals for healthcare clinical slots, with a report due by December 1, 2026. A representative of the Texas Nurses Association and the Nursing Legislative Agenda Coalition testified in support. The bill was left pending subject to the call of the chair. The committee then took up Senate Bill 111, by Senator Hall, which in its committee substitute was narrowed to a reporting bill requiring school districts to disclose legal proceedings involving special education due process complaints when legal fees exceed $10,000, rather than capping spending. Several parents and advocates testified that districts spend large sums on litigation against families of children with disabilities and that greater transparency is needed; some senators raised concerns about unintended consequences, including possible pressure to settle cases. The committee adopted the substitute and left the bill pending. The committee also heard Senate Bill 1551 on automated external defibrillators in public schools, Senate Bill 865 on CPR instruction requirements for certain volunteers, Senate Bill 1032 on the Governor’s University Research Initiative, and Senate Bill 571 on school employee misconduct reporting and access to the Do Not Hire Registry; each was reported favorably after committee substitute adoption and roll-call votes. Additional bills discussed included Senate Bill 1884, which would formalize and expand dedicated staff support for the State Board of Education and give the board chair hiring authority over that staff; members questioned whether it duplicated TEA functions, while a witness argued the workload increase justified the change, and the bill was left pending. Senate Bill 625 would replace the current half-credit economics requirement with a half-credit in personal financial literacy; educators and advocates strongly supported making the course required, and the bill was left pending. Senate Bill 582 would make TEA settlement agreements in special investigations publicly available when sanctions are imposed, and Senate Bill 2600 would bar transportation fees for students living within two miles of campus unless districts do not receive state transportation funding; both were left pending. The committee also heard Senate Bill 2751, which would require TEA inspections of non-public special education programs to consider medical standards of care and crisis-prevention training; testimony from a program operator described severe student behaviors and the need for more flexibility, and the bill was left pending after the substitute was adopted.

Transcript Highlights:

• If you specifically want us to comment on the recent settlement.
• We entered into a settlement with the family for $725,000.
• How much money has the state of Arkansas paid out on these wrongful death settlements?
• I know that there has been a settlement said, but money does not bring back Zachary.
• And that just happened the 27th, the day that the settlement was signed. So where's the change?

Keywords: 1204, all

Summary: The Joint State Agencies committee met to approve the October 8, 2025 minutes and then held an extended oversight discussion with the Department of Human Services about the death of Zachary Moore at the Southeast Arkansas Human Development Center (later clarified in testimony as the Warren facility). DHS officials described Moore’s background, said he died after being restrained in a prone position for about 13 minutes, and reported that a nurse later administered a chemical restraint before CPR was attempted. They said the agency settled with the family for $725,000, terminated 13 staff members, changed facility leadership, and brought in consultants under a directed plan of correction from the Office of Long-Term Care to review policies, retrain staff, and conduct a root-cause analysis. Later testimony clarified that the death certificate listed the manner of death as homicide and the cause as physiologic stress associated with struggle and prone restraint; committee members also noted that six people had been charged with manslaughter and neglect of a vulnerable person. Members focused on restraint policy, staff training, chain of command during emergencies, family communication, and whether warning signs had been missed. DHS said it has written restraint protocols, annual restraint training, and a mortality review process, but acknowledged that the Warren facility had multiple failures, including use of a prone restraint, improper chemical restraint, poor supervision, inadequate communication, and problems with equipment and behavior plans. Officials said they were revising policies, creating clearer crisis-team roles, and retraining staff, and that the consultant work would be shared across the other human development centers. Several members pressed DHS on why the family had not been kept informed, why the agency was not prepared with basic facts, and whether a more formal independent audit of facilities should exist. The committee also discussed broader staffing and funding issues across the human development centers. DHS said CNAs start at about $39,000 a year, that the centers rely heavily on float and contract staff, and that there are about 2,000 people on a waiting list for services. Members argued that low pay, turnover, and rural staffing shortages contribute to risk and asked for recruitment and retention plans, possible regional pay differentials, and more legislative support. DHS said it is drafting a systemwide retention and recruitment plan and expects to bring it to ALC, while also implementing a separate rate study for certain PASS program services in January 2027. The meeting ended after comments from Zachary Moore’s mother, Angela Stevens, who said money cannot replace her son and urged the state to ensure no other family experiences the same loss; the committee asked DHS to keep members and Ms. Stevens updated on consultant reports and recruitment efforts before adjourning.

Transcript Highlights:

• other positive youth development programs in our state, but it'll designate those funds, those settlement
• other positive youth development programs in our state, but it'll designate those funds, those settlement
• other positive youth development programs in our state, but it'll designate those funds, those settlement
• It'll designate those funds, those settlement funds that are coming from lawsuits from these social media
• It'll designate those funds, those settlement funds that are coming from lawsuits from these social media

Keywords: 00:00 - Call to Order/Roll Call 01:10 - Discussion of 26RS HB 669 08:25 - Roll Call Vote on 26RS HB 669 09:25 - Discussion of 26RS HCR 36 13:15 - Roll Call Vote on 26RS HCR 36 14:05 - Discussion of 26RS HB 686 29:20 - Roll Call Vote on 26RS HB 686 30:10 - Adjournment, 958, all

Summary: The House Standing Committee on Families and Children met and first adopted a House committee substitute for House Bill 669, which would protect federal benefits belonging to children in out-of-home care. The sponsor explained the bill is intended to prevent the state from using a child’s Social Security survivor, disability, or death benefits to offset care costs, instead requiring those funds to be preserved in an account for the child and made available at certain milestones or when the child leaves care. Members asked about who would oversee the funds, how annual eligibility reviews would work, and when the child could access the money; the sponsor said the cabinet would set the review process by rule and that the funds would remain available for the child. The committee approved HB 669 15-0 with favorable expression. The committee then considered House Concurrent Resolution 36, as amended by committee substitute, which creates a child welfare and family court reform task force. The substitute changed the reporting structure to send the task force’s report to the interim joint committee on families and children and the judiciary committee, rather than a now-defunct Health and Human Services committee. Supporters said the task force should review child abuse and neglect, foster care, and family court processes, and gather input from experts and people with lived experience. Members discussed whether the work should be divided into separate family court and child welfare task forces, but the resolution moved forward and passed 15-0 with favorable expression. Finally, the committee heard House Bill 686, which would establish a Kentucky Positive Youth Development Commission and a dedicated trust and agency account to support community-based youth programming up to age 25. The sponsor and witnesses said the bill responds to rising youth mental health concerns, self-harm, and suicide, and would coordinate statewide efforts, support evidence-based out-of-school programming, and provide technical assistance to local partners. Testimony emphasized the importance of connectedness, trusted adults, community-based responses, and using settlement funds from social media-related harms to youth to support the trust. Members asked about how the bill compares with other states and how the “dose-response” language relates to adverse and positive childhood experiences. HB 686 also passed 15-0 with favorable expression. The committee announced its next meeting for Thursday, March 12 at 9:00 a.m. and then adjourned.

Transcript Highlights:

• Thereby, it will increase the verdicts and settlements that we are already seeing at my facility, I know
• Higher verdicts drive up settlement demands.
• And force hospitals to go to trial because they cannot meet settlement demands.
• They simply receive a settlement check for the death of their relative.
• These victims, as I have heard, are not going to Jordan Dolecy: get a nice settlement check when this

Transcript Highlights:

• <00:10:31.839> with<00:10:32.000> UL you see um annual settlements with UL you see
• , the way the um on uh that settlement, the way the the<00:10:44.880> dollars<00:10:45.279>
• we do a settlement at the end<00:10:53.440> of<00:10:53.519> the<00:10:53.760> year
• So it's not like it cost us; it's just how it evened out when we did the settlement because there was
• It just show up in a different row. >> So that what you're looking at there on the settlements is just

Keywords: 0:00:02 Call to Order and Roll Call 0:00:30 Approval of Minutes 0:00:49 Information Items 0:01:54 Louisville Arena Authority 0:24:50 Project Rpt from Postsecondary Institutions - MSU 0:26:35 Project Rpt from Finance and Admin. Cabinet 0:37:52 Lease Rpt from Finance and Admin. Cabinet 0:40:13 Rpt from OFM – KIA 0:56:00 Rpt from OFM – EDF Grants 0:58:45 Rpt from OFM – OFM 1:01:46 Adjournment, 958, all

Summary: The committee first handled routine business, including a roll call, approval of the prior meeting minutes, and a set of informational reports. Those reports covered University of Louisville research equipment purchases, a Kent County school district debt issue for elementary school renovations, the University of Kentucky’s planned use of construction management risk for a new engineering building, APA certification reports for underwriter and bond counsel selection committees, and a KCNA status report on infrastructure upgrades and purchases. The main presentation was an informational update from the Louisville Arena Authority. Board representatives said the arena was created to drive economic development and reported about $1.4 billion in economic impact from 2010 to 2013. They explained the authority’s financial structure, including arena operating revenues, TIF revenues, debt service, and a long-term capital plan for major repairs and replacements. Members questioned the low net revenue figures, the long timeline before TIF revenues are projected to exceed debt service, the size of capital expenditure spikes, and the University of Louisville revenue-sharing arrangement. The authority said the $2.42 million annual UL payment is fixed under a 2017 refinancing agreement, while other amounts vary with ticket sales and related revenues. They also said the COVID-era state and Metro funds, combined with authority cash, were used to prepay debt and reduce interest, lowering the debt service schedule. The committee then considered and approved a new capital project for a new HVAC system for the student wellness center pool area. The project, presented by university staff, was approved by the board and required committee action. The committee took a roll call vote, and the project passed unanimously. Finally, Janice Thomas of the state budget office presented two tourism, arts, and heritage cabinet grid resilience projects at Kincaid Lake State Resort Park and Kentucky Down Village State Resort Park. Each project costs $7,834,600 and is funded mostly by a federal grid resilience grant, with the remainder from state utility infrastructure replacement funds and energy policy funds. Staff explained that the projects will move park electrical service ownership and maintenance to regional utilities, allowing the state to exit the infrastructure-management role while continuing to pay utility bills through normal metering. The committee approved the action item by voice vote.

Transcript Highlights:

• reduction through settlement is 12%, and the Tax Court decision is about 15% reduction to the overall
• reduction through settlement is 12%, and the Tax Court decision is about 15% reduction to the overall
• reduction through settlement is 12%, and the Tax Court decision is about 15% reduction to the overall
• Through the administrative appeal process, we many times with many companies will reach a settlement
• value. through settlement is 12% and change and through settlement is 12% and change and the<00:16:22.839

Keywords: 1187, senate, all