Video & Transcript Research : 'liability shield'

Page 156 of 299
KY
Transcript Highlights:
  • retirement, health insurance, etc., and any additional funds the General Assembly puts towards that liability
  • I can perhaps answer some of that, and I think my understanding is that KTRS would determine the liability
  • :18:59.520> when<00:18:59.760> we're<00:19:00.000> having<00:19:00.400> liabilities
  • uh work when we're having liabilities uh work when we're having liabilities and<00:19:01.520>
  • We get 25% of the liability. >> And so, obviously, what do you get when you collect tax revenues, otherwise
Summary: The committee met with a quorum, approved the minutes from the September 17 meeting, and heard a presentation from Kentucky Department of Education staff on SEEK school funding and KDE on-behalf payments. KDE explained recent SEEK changes, including the guaranteed base per-pupil amount, attendance-based calculations, second-month and January growth, the 2022 change funding kindergarten at 100% instead of 50%, and the existing add-ons for at-risk students, exceptional children, limited English learners, home/hospital instruction, and transportation. Staff also reviewed tier one funding, noting the 2024 increase from 15% to 17.5% and explaining that eligibility depends on local tax effort and property wealth. They also described Senate Bill 6 from the 2025 session as a reporting proposal to include on-behalf costs in education spending totals. KDE staff then outlined on-behalf payments made for districts, including roughly $458 million for Teachers Retirement System contributions, $942 million for health insurance, about $12 million for technology costs, and additional SFCC debt service outside KDE’s appropriation, for a total of about $1.5 billion. Members asked how a future Senate Bill 6 would affect local contributions and whether folding on-behalf payments into SEEK would shift costs among districts. KDE and Senator Gibbons clarified that the bill was intended only as a reporting mechanism and would not change local contribution or district payments; it would simply present a broader total of state education investment. The discussion also noted that Kentucky’s reported SEEK amount alone does not capture all state education spending. Members raised questions about home and hospital instruction data, saying local concerns suggest growth in some communities even if statewide numbers appear stable. KDE said the statewide figure has been relatively consistent but offered to provide district-level trend data. Co-Chair Petrie also asked about the accuracy of SEEK projections and on-behalf calculations, referencing prior concerns from the Office of Education Accountability. KDE responded that it works with the state budget director’s office in a consensus forecasting process and has been reviewing demographic and property-assessment data, including exceptional child counts, to improve forecast accuracy.
MN

Minnesota 2025-2026 Regular Session

Conference Committee on HF2446 5/9/25

Transcript Highlights:
  • Section 22 amends the definition of beginning farmer to include an individually owned limited liability
  • company or a limited liability company owned by two individuals who are family members.
  • individually owned limited liability individually owned limited liability company<00:45:23.119><
  • c> or<00:45:23.359> a<00:45:23.599> limited<00:45:23.920> liability<00:45:24.480
  • > company company or a limited liability company company or a limited liability company owned<
Keywords: 919, house, all
Summary: The Agriculture Conference Committee met for an initial organizational and comparison session on House File 2446, the agriculture broadband and rural development bill. Members introduced themselves, noted that no conference target had yet been set, and agreed to begin with a side-by-side review of House and Senate positions. No oral testimony was taken; instead, the chair listed written testimony submitted by a wide range of agricultural, environmental, local government, food bank, and industry groups. Nonpartisan fiscal staff walked through the major funding differences. Both bills included some shared items such as operating adjustments, wolf and elk damage compensation, and certain technical changes, but they differed on several major appropriations. The House generally proposed larger increases for meat inspection, local food purchasing, and the Board of Animal Health, and added items such as county inspector grants, biofertilizer innovation, a biosolids/PFAS-related study, a soil health study, broadband installation study funding, an Agri Works program, an Agri Support program, a milk grant program, and several House-only transfers and grants. The Senate included items such as a climate coordinator position, biofuel-related reductions and policy changes, livestock processing funding, farm-to-school and urban agriculture changes, MARL funding, cottage foods licensing updates, and several Senate-only pass-through grants and transfers. Staff also noted differences in the agriculture emergency account transfer approach and in how the two bodies handled the Second Harvest Heartland and related food distribution provisions. House Research then reviewed the policy language differences in the bill. The House language included provisions allowing more flexible use of grant administration funds, unpaid prior-year claims, county inspector grants, and updates tied to its own policy article, while the Senate language included the climate coordinator, PFAS-related commercialization language, cooperative development grant permissive language, and other Senate policy changes. The committee did not take any votes or final actions at this meeting; the session was informational and focused on identifying differences for later negotiation.
HI

Hawaii 2025 Regular Session

HSH Public Hearing - Tue Feb 11, 2025 @ 9:45 AM HST

Human Services & Homelessness

Transcript Highlights:
  • It establishes strict liabilities for crimes against elders with respect to, um, when they are 60 years
  • It<00:04:56.200> establishes<00:04:56.840> strict<00:04:57.160> liabilities<00:04
  • :57.800> for It establishes strict liabilities for It establishes strict liabilities for crimes
  • We need it because organizations require documentation to protect themselves from liability.
  • Thank you. protect themselves from liability. protect themselves from liability.
Keywords: 910, house, all
Summary: The committee heard testimony on HB 963, which would make crimes against elders age 60 and over strict liability offenses by removing the requirement that the perpetrator knew or should have known the victim’s age. The Office of the Public Defender opposed the bill, arguing that removing the state-of-mind element would create unfair and subjective results and suggesting sentencing enhancements or broader vulnerability-based language instead. Supporters, including Sandy Wong and another testifier with elder-abuse experience, said the current knowledge requirement creates a loophole that lets offenders avoid the elder enhancement even when they target vulnerable older adults. No vote was taken on the measure in the portion provided. The committee also heard HB 384, which increases penalties for promoting minor-produced sexual images, extends probation terms for felony obscenity offenses, tolls the statute of limitations during a victim’s minority, and requires sex offender registration for certain felony obscenity offenses involving minors. The Public Defender opposed the bill as overly broad and warned of absurd results, while the Department of the Prosecuting Attorney supported it, saying the bill addresses sextortion and other exploitation cases where adults solicit images from minors and that the 3-year age-gap threshold preserves ordinary teen relationships. Committee members questioned whether the bill was aimed at adults only and whether the age-gap carveout was narrow enough; the prosecutor said it was intended to cover adult predators and not consensual peer conduct. No final action was reported. HB 1100, which renames the Neighbor Islands Blind and Visually Impaired Service Pilot Program to use “low vision” instead of “visually impaired,” was supported by the Department of Human Services and disability advocates, who said the current term is derogatory and that the change responds to the blind community. The department said it was beginning work on administrative rules and expected to seek an appropriation, with implementation hoped for in 2026. The committee then heard HB 1283, exempting paternity proceedings from mediation when domestic abuse is alleged; the Hawaii State Coalition Against Domestic Violence and others supported it as consistent with divorce law and important for survivor safety. HB 689, creating safe harbor protections for survivors of sexual exploitation who seek medical or law enforcement help, drew support from HPD, Emua Alliance, the Judiciary, and others, who said it would prevent traffickers from using prostitution charges to silence victims. Finally, HB 383, reinstating mandatory minimum jail terms for successive violations of protective orders and removing the court’s ability to suspend those minimums, drew opposition from the Public Defender, who said some repeat violations stem from mental health or substance use issues, and support from the Prosecuting Attorney, who argued the bill treats protective orders like temporary restraining orders and preserves judicial discretion within a misdemeanor framework.
TX

Texas 89th Regular

Senate Session May 12th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • treatment and beneficial use of fluid oil and gas waste and related material, including a limitation on liability
  • And also in criminal cases, we can also have criminal liability if someone causes, by an assault, the
  • And also in criminal cases, you know, we can also have criminal liability if someone causes by an assault
  • say that, but I have people who have come to the office that have actually been subject to civil liability
  • Would the person be Kyle Carruth who came to you because of a civil liability, successful civil liability
Summary: The Senate opened with an invocation by Pastor Tedrick Woods, followed by routine chamber actions including excusing Senator Gutierrez and receiving House messages that the House had passed HB 21 and HB 49. Senators also recognized advocates visiting the gallery on focal segmental glomerulosclerosis awareness and introduced the Doctor of the Day. The chamber adopted several resolutions, including HCR 66, by voice vote. The Senate then took up and passed a series of measures, often by suspending the regular order and the constitutional three-day rule. Among the bills finally passed were HJR 2, which would prohibit state death taxes; HB 206, limiting counties from requiring cash bonds for pipeline construction; HB 517, barring property owners associations from fining homeowners for discolored vegetation during watering restrictions; HB 2756, requiring TDCJ correctional officers to receive de-escalation and behavioral health training; HB 451, expanding screening for commercial sexual exploitation risk among children in DFPS and TJJD custody; SB 705, cleaning up the air conditioning and refrigeration contractors advisory board; SB 2017, creating an offense for burnouts and wheelies; SB 1858, expanding body armor grant eligibility to ISDs; SB 1400, directing a study on transfer-student outcomes for community college funding; SB 2764, requiring notice to manufactured home buyers about converting homes to real property; SB 748, a licensing cleanup bill on laser hair removal; SB 2519, restricting certain ad valorem tax uses and bonds after amendment; SB 2878, the courts bill with amendments on Brazoria County courts and youth diversion provisions; SB 466, allowing families to request fetal death certificates at any gestational age; SB 1608, requiring timely physical exams for inpatient mental health admissions; SB 1730, limiting civil damages claims arising from certain uses of force or deadly force; SB 2417, clarifying Attorney General antitrust investigation work product and discovery rules; and SB 1946, creating a family violence, criminal homicide prevention task force. The Senate also passed HB 3204, renaming and updating the Polytechnic College at Sam Houston State University, and SB 1986, requiring opioid warning labels. Several bills drew brief debate or amendments. Senators discussed broader HOA reform while considering HB 517, and SB 2203 on TCEQ discovery procedures was amended to require party motions, set a 15-day expiration for certified issues, and limit hearing abatement. SB 2017 was amended to change the mens rea language from knowingly to intentional. SB 2519 was narrowed by amendment to a forward-looking policy statement separating maintenance-and-operation taxes from debt-service taxes. SB 2878 also received amendments to reduce the number of new Brazoria County courts and add youth diversion and crisis-response provisions. SB 466 prompted a floor debate over whether fetal death certificates are appropriate for pre-20-week losses, with supporters emphasizing family closure and opponents arguing the document has no estate-related purpose. SB 1730 also prompted questions about the relationship between criminal findings and civil liability in self-defense cases. The session concluded with additional House and Senate measures being signed in the presence of the Senate and continued consideration of SB 2177, a grant program to help local law enforcement solve violent and sexual offenses.
CA
Transcript Highlights:
  • There's also a liability issue concern for the inmates having injuries and suffering...
  • We brought up liabilities. We brought up cases.
  • So not seeing funding in here, does that increase the liability of the state?
  • But it's also bringing awareness around it for liability issues toward the state of California.
  • But it's also bringing awareness around it for liability issues towards the state of California.
Keywords: 988, house, all
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • The bill also requires the unfunded actuarially accrued liability to be determined. using an expected
  • It does not pose unfunded liabilities.
  • revenue, whereas factoring companies are purchasing receivables at a discount and taking on the liability
  • Has somebody taken personal liability on the obligation? The pizza company says it's an LLC.
  • Does the owner have to sign and take personal liability? No, there's no personal guarantee on that.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Mar 24th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Doesn't its liabilities increase?
  • Yes, it would have liabilities; it would have two types of liabilities.
  • It would have a liability if it's directly supported by a revenue system.
  • And we have liabilities associated with certificates of participation.
WA

Washington 2025-2026 Regular Session

Select Committee on Pension Policy Jun 16th, 2026 at 10:00 am

Select Committee on Pension Policy

Transcript Highlights:
  • We previously covered the data and the benefits, the liabilities. We just talked about assets.
  • divided by your plan's accrued... ...to that actuarial value of assets divided by a plan's accrued liability
  • And by accrued liability, that's simply referring to the amount of benefits that have been earned by
  • making the current members of PERS who've paid the higher contribution rates whole based on the new liability
Keywords: 904, all
MN

Minnesota 2025-2026 Regular Session

On-time payment credit reporting option 3/18/26

Minnesota House Floor Meeting

Transcript Highlights:
  • Finally, the bill raises compliance and liability concerns.
  • 29.960> and Finally, the bill raises compliance and Finally, the bill raises compliance and liability
  • <00:09:32.480> Rent<00:09:32.800> ledgers<00:09:33.240> often liability concerns
  • Rent ledgers often liability concerns.
Keywords: 1183, house
NM

New Mexico 2026 Regular Session

Senate - Conservation Feb 5th, 2026 at 09:09 am

Senate Conservation

Transcript Highlights:
  • in the open market, Madam Chair, Senator Cervantes, right now in homeowners, in the open market, liability
  • The only question I have is with regards to the five-year liability issue.
  • So that's funding that would end up being the liability for, like, say, a State Farm, is actually going
  • I have... ...liability for, like, say, a State Farm, is actually going to get passed on to the customers
Bills: SB154, SB187, SB193, SM3
NM

New Mexico 2026 Regular Session

Senate - Finance Jan 14th, 2026 at 01:08 pm

Senate Finance

Transcript Highlights:
  • Basically, in a nutshell, rather than paying cash to meet their quarterly estimated payment liability
  • The liability for school-aged alone, there are like 190,000 kids that are school-aged in the K-12 system
  • There are over 10,000 kids enrolled in childcare assistance, but you can see that potential liability
  • the operations in this budget, and then the secretary testified earlier this morning that the SNAP liability
Keywords: 996, all
WA

Washington 2025-2026 Regular Session

Senate Housing Jul 24th, 2025

Transcript Highlights:
  • , there are, excuse me, different types, and the fact that you continue to work so hard on condo liability
  • There are, excuse me, different types, and the fact that you continue to work so hard on condo liability
  • Cutting corners on labor standards or training can result in structural failures, increase liability,
  • Cutting corners on labor standards or training can result in structural failures, increase liability
Summary: The Senate Housing Committee work session focused first on Civic Commons’ “starter home production plan,” a statewide strategy intended to increase production of homes affordable to households roughly between 60% and 120% of area median income. Presenters said the Covenant Home Ownership program will not succeed without more starter homes, and outlined recommendations including a temporary cross-sector crisis task force, a developer network, new financing tools, public seed funding, and a multi-site demonstration program to test off-site construction and standardized designs. Committee members asked about silos in the current system, the role of off-site and modular construction, target income ranges, and where the plan would be most useful. Civic Commons said the plan is meant to be statewide, community-informed, and respectful of local context, with pre-approved plans and standardized approaches for both single-family and multi-unit housing. The Department of Labor and Industries then gave an update on factory-built housing oversight. Officials said residential factory-built structures are a small but important part of their work and described progress in prioritizing residential plan reviews, which they said has reduced review time from months to about two days. They also reported creating a plans examiner supervisor position, moving forward with rules for third-party plan review and inspection, and beginning analysis of national standards from the Modular Building Institute to see whether they align with state code. Committee members and L&I discussed the value of standardized plans, real-time tracking for applicants, and the role of state inspection in reducing local jurisdictional variation. The Washington State Building and Construction Trades Council testified that it supports efforts to reduce permitting delays and increase housing production, but warned against weakening safety standards or labor protections. The labor representatives said prefabrication and modular construction can help if the workforce is protected, wages and apprenticeship opportunities are preserved, and projects use tools such as community workforce agreements. They also raised concerns about wage theft, misclassification, and unlicensed contractors in residential construction, and suggested stronger front-end contractor education or licensing. Committee members responded that the goal is to expand production without sacrificing safety or good jobs. The committee also heard city perspectives on local housing reforms. Olympia described its affordable housing emergency ordinance, which gives qualifying projects priority in the permitting queue, and said success depends on communication among housing staff, planners, engineers, and developers. Walla Walla, an early adopter of middle housing, reported increased ADUs, duplexes, and smaller-lot development after eliminating single-family zoning and expanding tools such as MFTE and ADU flexibility. Des Moines described adopting middle housing and ADU ordinances in June 2025 after a lengthy public process, while Poulsbo described proactive code changes including duplexes on corner lots, unit lot subdivisions, manufactured home protections, expanded ADU allowances, and pre-approved ADU plans shared with neighboring jurisdictions. No votes were taken during the work session.
NH

New Hampshire 2025 Regular Session

Senate Executive Departments and Administration (05/07/2025)

Executive Departments and Administration

Transcript Highlights:
  • contractor, a consultant, that could not only gauge what we have as a professional, somebody with a liability
  • <00:59:36.079> somebody<00:59:36.400> with<00:59:36.559> a<00:59:36.799> liability
  • professional, somebody with a liability professional, somebody with a liability for<00:59:38.160
Keywords: 1191, senate, all
KY
Transcript Highlights:
  • Pursuant to KRS 56.86311, the Kentucky Asset/Liability Commission transmitted its semiannual report through
  • Pursuant to Kas 56 86311, the<00:02:54.400> Kentucky<00:02:54.800> Asset<00:02:55.120> Liability
  • <00:02:55.760> Commission the Kentucky Asset Liability Commission the Kentucky Asset Liability
Keywords: 958, all
Summary: The committee first approved the February minutes and noted there had been no March meeting. Staff then provided a series of information items, including quarterly capital project status reports from state agencies and postsecondary institutions, a University of Kentucky equipment purchase report, notice that the committee took no action on certain March transactions, school district debt notices for Fayette and Jessamine counties, lease-space advertisements due to building conditions, a Kentucky Asset/Liability Commission report, and asset preservation project reports from KCTCS and Eastern Kentucky University. The committee then heard and unanimously approved Murray State University’s request for interim authorization to use institutional revenues for a $1.5 million roof replacement at the Curs Center student center. University of Kentucky also received unanimous approval for a $115 million public-private partnership project to expand Parking Structure 7 and the Johnson Center recreation space; testimony emphasized the loss of parking from hospital expansion, increased student enrollment, a planned $21 per semester recreation fee increase, and the goal of improving student retention and campus capacity. Next, the committee received a report on a Kentucky State Police Post 11 renovation in London funded at $1.138 million, with members asking how long the repairs would extend the building’s useful life; KSP said the work was a long-term investment and replacement was still many years away. The committee also approved multiple real property lease actions, including a new CHFS lease in Scott County, several lease renewals for the Commonwealth’s Attorney, CHFS, Transportation Cabinet, and a Secretary of State relocation lease tied to a capital renovation project. Members questioned one Jefferson County lease rate and the witness said it had been in place since 2007. Finally, the Kentucky Infrastructure Authority presented three water loan items, which were rolled and then approved: an $841,383 East Clark County Water District loan for waterline upgrades, a roughly $6.13 million Oldham County Water District loan for US 42 improvements, and a $619,180 increase for Canonsburg Water District’s Schopes Road project due to higher-than-expected bids. The committee then approved eight K-12 school facility issuances, including projects in Clinton, Franklin, Fulton, Lincoln, McLean, Paris, Somerset, and Spencer counties, covering early childhood, new school construction, HVAC, energy conservation, and renovations. The meeting ended with notice of the next meeting date and adjournment.
FL

Florida 2026 Regular Session

Appropriations Committee on Criminal and Civil Justice Apr 10th, 2025

Appropriations Committee on Criminal and Civil Justice

Transcript Highlights:
  • privilege, even the most inflammatory and probably false allegations in court filings are exempt from liability
  • CS for SB 1284 on civil liability for the wrongful death of an unborn child, by Senator Grau.
  • Snyder, and I'm in support of Senate Bill 184, so... ...and I'm in support of Senate Bill 1284, civil liability
  • Please vote in favor of Senate Bill 1284, civil liability for the wrongful death of an unborn child.
Summary: The committee heard and voted on a long agenda of criminal justice, public safety, victims’ rights, and related bills. SB 984 on aggravating factors in capital cases was reported favorably after debate over its focus on religious, school, and government gatherings; the Florida Conference of Catholic Bishops opposed expanding the death penalty, while supporters said it was about accountability rather than deterrence. CS for SB 1140 creating a Hillsborough County substance abuse pilot program for offenders, CS for SB 1180 broadening child sexual image protections, CS for SB 10 compensating Sidney Holmes for a wrongful conviction, CS for SB 500 creating a Spectrum Alert system for missing children with autism, and SB 1054 on tampering with electronic monitoring devices all passed favorably, with the substance abuse bill drawing supportive testimony about treatment and recovery and the Holmes bill receiving emotional support from Holmes himself. The committee also approved SB 1072 on expedited DNA testing grants, CS for SB 240 on domestic and dating violence victims, CS for SB 494 creating a statewide animal abuse database, and CS for SB 1422 on unmanned aircraft over critical infrastructure and weaponized drones. SB 240 drew extensive testimony from advocates describing a feasibility study for a discreet emergency alert system and the need to align domestic and dating violence protections; SB 494 drew strong support from animal welfare groups and county officials who described local registries and the link between animal abuse and violence toward people, while members discussed whether the bill should also bar known abusers from adopting animals. SB 1422 passed after questions about “reasonable force” against drones and concerns about firearms use, with the sponsor saying the bill was meant to protect privacy and property rights. Additional measures reported favorably included SB 1268 updating Department of Law Enforcement statutes and increasing reimbursement for retired police dogs, CS for SB 1344 revising juvenile status-offender procedures, CS for SB 1252 creating a feasibility study for a statewide pawn data database, CS for SB 1386 increasing penalties for assault and battery on utility workers, CS for SB 1084 strengthening sexual cyber harassment laws for intimate and digitally forged images, CS for SB 1654 revising sex offender/predator registration and reporting rules, CS for SB 1650 expanding the vexatious litigant law, and CS for SB 1652 creating a public records exemption for stricken court filings. The final and most heavily debated bill, CS for SB 1284 on wrongful death of an unborn child, drew extensive testimony from supporters who framed it as recognizing unborn life and opponents who warned it could be used to harass abortion patients, providers, and supporters and could increase malpractice exposure; the sponsor said the bill would allow parents to recover damages while protecting mothers and lawful medical care. The transcript ends before the roll call on SB 1284 is completed, but the committee had already reported the other measures favorably by recorded votes, generally along party lines with broad support from members present.
MN
Transcript Highlights:
  • Stable funding could mean the program goes away and there's no liabilities with funding attached to it
  • :24:29.120> no the program goes away and there's no the program goes away and there's no liabilities
  • 30.080> funding<00:24:30.480> attached<00:24:30.799> to<00:24:30.919> it liabilities
  • with funding attached to it liabilities with funding attached to it um<00:24:32.000> so<00:24
Keywords: 1183, house
NM

New Mexico 2025 Regular Session

House - Commerce and Economic Development Mar 3rd, 2025

House Commerce & Economic Development Committee

Transcript Highlights:
  • loss of the exemption will impose a significant impact on the labs and is projected to increase our liability
  • With recent uncertainty at the federal level, that increased tax liability will definitely have a negative
  • As we clean up our tax code, where are we finding loopholes where people are not having a tax liability
  • Bodily injury liability coverage that they would have paid for.
MN
Transcript Highlights:
  • They can become a liability, so to speak, if they're carrying a 9mm with PTSD.
  • ><00:19:11.760> a into their career they can become a into their career they can become a liability
  • 12.919> speak<00:19:13.200> if<00:19:13.360> they're<00:19:14.080> um liability
  • so to speak if they're um liability so to speak if they're um carrying<00:19:14.559> a<00:19:
Keywords: 1183, house
MN
Transcript Highlights:
  • They have criminal liability if they serve you more alcohol when they see you're intoxicated.
  • they will get sued they<00:08:06.120> have<00:08:06.639> criminal<00:08:07.039> liability
  • <00:08:07.720> if<00:08:07.879> they they have criminal liability if they they have
  • criminal liability if they serve<00:08:08.280> you<00:08:08.440> more<00:08:08.720>
Keywords: 1187, senate, all
CA
Transcript Highlights:
  • It ensures that while we save for the future, we also continue paying down critical state liabilities
  • So, balance sheet is a private term that talks about assets, liabilities, and equity.
  • primarily a statement of net position that talks about, you know, our fund balances and deferred liability
Summary: The Assembly Budget Subcommittee on Accountability and Oversight heard ACA 20, the Safe for California Futures Act, a constitutional amendment to strengthen the state’s Budget Stabilization Account (rainy day fund). The authors, Assembly Members Gabriel and Valencia, said the measure would raise the reserve cap from 10% to 20% of General Fund revenues, change how reserve deposits are treated under the Gann limit so deposits would not count against the spending cap until withdrawn, and update eligible debt repayments to include items such as budget loans, Proposition 98 settle-up obligations, and unemployment insurance debt. They emphasized that the proposal was intended to protect schools and core public services and to help California better withstand revenue volatility and future downturns. Committee discussion focused heavily on the technical effects of the measure, especially its interaction with Proposition 98 and the Gann limit. LAO and Department of Finance staff explained that Prop. 98 funding would not be changed directly, that the reserve deposits would be treated as exclusions from the appropriations limit, and that withdrawals would count when spent. Members asked about current reserve levels, mandatory deposits, and whether the measure would create more room for discretionary spending; supporters argued it would simply allow the state to save more in good years, while one member expressed concern that it could function as a slush fund and expand spending opportunities. Several members cited recent budget volatility, record revenues, and the need for stronger reserves, while others stressed that the measure should be understood as a future-oriented savings reform rather than a response to this year’s budget choices. Public testimony was uniformly supportive. California Forward, Elevate California, and the California Chamber of Commerce all backed the proposal, with the Chamber noting support for the policy and highlighting the importance of addressing unemployment insurance debt for small businesses. The chair concluded by thanking the authors, staff, and witnesses, and said ACA 20 was expected to move to the Assembly floor the next day.