Video & Transcript Research : 'engineering standards'
Page 158 of 500
TX
Transcript Highlights:
- homeowners to realize home equity growth through appreciation because of the safety and high maintenance standards
- It's not like a murder standard, but it's the... and I got to come back to this.
- architects to the list of third-party reviewers and inspectors, and that list is already in place with engineers
Keywords:
Lake Houston, dredging, maintenance district, flood control, environment, public works, HB 2731, roadside vendors, solicitors, county regulation, border counties, Mexico border, Transportation Code, unincorporated areas, right-of-way, public highway, parking lot, livestock sales, live animals, vendor regulation
MN
Minnesota 2025 1st Special Session
House Judiciary Finance and Civil Law Committee 3/4/25
Judiciary Finance and Civil Law
Transcript Highlights:
- However, there is no standard for when two or more agencies collaborate on permitting decisions.
- Army Corps of Engineers, which we work with directly on their permit process, oftentimes for a public
- Army Corps of Engineers which we work<00:36:49.720>
with <00:36:50.000>directly <00:36: - You have to have a standardized retention period for important records so that citizens can actually
- You have to have a standardized retention period for important records so that citizens can actually
HI
Transcript Highlights:
- Water Supply uh I am GNA depend<00:34:52.119>
on <00:34:52.240>my <00:34:52.440>engineer - Joyce Lynn behind depend on my engineer Joyce Lynn behind me<00:34:54.240>
to <00:34:54.520> any state law that is higher standard any state law that is higher standard than<01:30:40.000>- EPA, for the first time in a long time, adopted some National Primary Drinking Water Standards, or MCLs
- I mean, I'm not sure what standard it's treated to...
Summary:
The informational briefing focused on the City and County of Honolulu’s effort to site a replacement landfill for Oahu before Waimanalo Gulch landfill closes in 2028. Department of Environmental Services officials outlined the solid waste system, including curbside collection, convenience centers, transfer stations, H-POWER, and the existing landfill, and explained that H-POWER reduces the volume of waste going to the landfill by about 90%. They reviewed the siting history, including the 2019 Land Use Commission deadline, the 2020 enactment of Act 73 with landfill setback and conservation-district restrictions, and the 2021-2022 landfill advisory committee that evaluated six sites but recommended none because they were within the Board of Water Supply’s no-pass zone. The city said it ultimately selected a site in central Oahu, on agricultural land near Wahiawa and the Dole Plantation, as the best legally permissible option and described it as requiring about 150 acres, with 90 acres for the landfill itself.
City officials also described the proposed landfill design and safeguards, emphasizing a modern sanitary landfill with double liners, leachate collection, groundwater monitoring wells, and post-closure monitoring. They said the ash from H-POWER is dry and that leachate would be pumped to a wastewater treatment plant. They stated the site is away from residences and groundwater wells, accessible by highway, and can be permitted under state and federal rules, though they acknowledged that a full environmental review, public hearings, and multiple permits would still be required. When asked whether the new landfill could be operating before the 2028 closure date, the city said it did not yet know and that an extension of Waimanalo Gulch might be needed if the new site is not ready in time.
The Board of Water Supply strongly opposed the city’s decision to site a landfill above Oahu’s freshwater resources. Its representative said the agency’s mission is to protect safe, dependable water for the future and that it had disapproved all six previously proposed sites because they were located over freshwater aquifers. In response to questions from legislators, the Board said it could not guarantee the liner system would remain impermeable forever and warned that leachate can contain hazardous chemicals, including so-called forever chemicals. The Board characterized the proposal as a long-term risk to the island’s drinking water supply and compared the decision to past infrastructure choices that later proved problematic. No votes or formal actions were taken during the briefing.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on the Judiciary Jun 21st, 2026 at 01:00 pm
Joint Committee on the Judiciary
Transcript Highlights:
- While the program strives to apply a standardized approach to all survivors of violent crime, the reality
- My Ph.D. research will bring AI into neuroscience and biomedical engineering spaces, and I'm looking
- My PhD research will bring AI into neuroscience and biomedical engineering spaces, and I'm looking to
- It's going to set the national standard, and it's really needed at this time. Thank you.
- My name is Alexi Ketemsky, and I'm a 22-year-old engineer at one of the many startups that probably call
Summary:
The Joint Committee on the Judiciary held a lengthy hearing on a wide range of bills involving domestic violence, sexual assault, child sexual abuse, trafficking, victim compensation, and related criminal justice reforms. Testimony focused on measures to support survivors and close perceived legal gaps, including bills to protect domestic violence survivors in child welfare proceedings, expand victim compensation for homicide families and trafficking survivors, create a DNA exception to the rape statute of limitations, eliminate or extend statutes of limitations for child sexual abuse, and strengthen laws on upskirting, sexual abuse by adults in positions of authority, and sexual assault by rideshare drivers. Several speakers also addressed bills concerning vulnerable adults, harassment and custody-related abuse, and early evidence kits.
Witnesses included legislators, prosecutors, advocates, and many survivors who described personal experiences with abuse and barriers to justice. Supporters argued that current laws often leave survivors without meaningful remedies, especially where consent, reporting requirements, evidentiary rules, or statutes of limitations prevent prosecution or compensation. Prosecutors and advocates said the bills would clarify vague statutes, increase penalties in some cases, and better reflect the realities of coercion, grooming, trafficking, and delayed reporting. Some testimony also urged amendments, including changes to victim compensation reporting rules and clarifications to avoid unintended conflicts with other wage-recovery laws.
No committee votes or final actions were taken in the hearing itself. The chairs emphasized strict time limits, respectful conduct, and the submission of written testimony, and several witnesses were called out of order to accommodate the large number of speakers.
MN
Minnesota 2025-2026 Regular Session
Committee on Human Services - 03/04/26
Health and Human Services
Transcript Highlights:
- whether they meet a reasonable standard whether they meet a reasonable standard of<00:10:48.560>
- Common harmful practices include drastic staffing cuts, financial engineering that burdens facilities
- that burdens facilities with engineering that burdens facilities with debt,<00:56:52.319>
and - that these standards don't feelings uh that these standards don't go<01:16:00.080>
far <01:16: - nursing home workforce standards board. nursing home workforce standards board.
MN
Minnesota 2025-2026 Regular Session
Floor debate on automatically returning future budget surpluses to taxpayers 3/17/25
Minnesota House Floor Meeting
Transcript Highlights:
- So if you don't know the show, Pinky and the Brain are genetically engineered lab mice who try to take
- 54.440>
Brain <00:55:54.880>are <00:55:55.240>genetically <00:55:55.760>engineered - <00:55:56.440>
lab the Brain are genetically engineered lab the Brain are genetically engineered - <01:10:11.560>
deduction <01:10:12.560>I <01:10:12.719>claim use for my standard - deduction I claim use for my standard deduction I claim the<01:10:13.159>
dependent the dependent
NH
New Hampshire 2025 Regular Session
Senate Energy and Natural Resources (03/18/2025)
Energy and Natural Resources
Transcript Highlights:
- 40:51.040>
then <00:40:51.480>uh Many of them were over-speed incidents, where the engineers - incidents many of them were over speed incidents where<00:41:31.760>
the <00:41:31.839>engineers - were they lost their where the engineers were they lost their situational<00:41:34.359>
awareness - um the uh Humane Society is on standards um the uh Humane Society is on board<01:37:20.920>
with< - <01:43:01.800>
and and I think the the police standards and and I think the the police standards
MN
Transcript Highlights:
- first built in 1975, and it lacks the essential infrastructure to meet USDA and other regulatory standards
- regulatory standards regulatory standards in<00:10:59.959>
the <00:11:00.079>veterinary - 15:20.800>
at <00:15:21.120>current <00:15:21.480>industry <00:15:22.079>standards - <00:15:23.079>
um need at current industry standards um need at current industry standards - So we are designing this building with well-being standards.
CA
California 2025-2026 Regular Session
Assembly Floor Session Jun 3rd, 2025
California House Floor Meeting
Transcript Highlights:
- K–12 library standards have not been updated since...
- This is a professional standard that everyone should be automatically adhering to.
- This is a professional standard that everyone should be automatically adhering to.
- Standard to meet, and I respectfully ask for your aye vote on this.
- I could have a comparable standard of living in Oregon or New York.
Summary:
The Assembly met after a quorum call and first dealt with a procedural dispute over four amendments to AB 1240. The Speaker ruled the amendments out of order as not germane, and the Assembly sustained that ruling on a 49-16 vote. Members then added co-authors to several consent-calendar resolutions, including measures on the National Conference of State Legislators, Suicide Prevention Awareness Month, ALS Awareness Month, and Men’s Mental Health Month, before adopting the consent calendar. The chamber also heard guest introductions, including a welcome for Oakland Mayor Barbara Lee, and took up a motion to bring AB 41 up out of file, which failed 19-48.
The bulk of the meeting was floor action on a long series of bills and resolutions, many of which passed with broad bipartisan support. Measures approved included ACR 40 supporting immigrant students and FAFSA privacy; AB 917 on permanent status for certain school employees; AB 985 on anesthesia access; AB 7 and AB 42 on higher education and student services; AB 245 providing property tax relief for wildfire victims; AB 255 allowing funding for drug-free recovery housing; AB 279 updating K-12 library standards; AB 289 creating a pilot for automated speed enforcement in highway construction zones; AB 291 on an educator apprentice program; AB 327 addressing swatting; AB 340 on confidential union communications; AB 341 creating an oral health technical assistance center for people with disabilities; AB 356 on San Diego health care infrastructure; AB 410 on bot disclosure; AB 476 on copper theft enforcement; AB 477 on educator pay targets; AB 485 on stolen wages and business licensing; AB 487, the insurance committee’s technical omnibus bill; AB 573 on tobacco retail license fees; AB 598 on school mapping technology; AB 635 on mobile home law enforcement referrals; AB 651 on remote participation for incarcerated parents in dependency hearings; AB 654 on homelessness hotline assistance in Los Angeles County; AB 662 creating a South County higher education task force; AB 667 on language access in professional licensing; AB 669 limiting early denial of addiction treatment; AB 670 on naturally occurring affordable housing; AB 695 on online continuation of community college for deported students; AB 723 on disclosure for digitally altered real estate images; AB 727 placing Trevor Project information on student IDs; and AB 736, a $10 billion affordable housing bond for the June 2026 ballot, which passed on a 61-11 urgency vote after extensive debate.
Debate on AB 736 was the most extensive of the day, with supporters arguing the bond would help address California’s housing crisis and give voters a chance to weigh in, while opponents criticized the state’s bond debt and past spending results. The Assembly then recessed for caucus meetings and later returned to continue the daily file, where additional measures were taken up, including AB 798 adding diapers and wipes to the emergency food bank reserve program, which passed 56-0, and AB 821 on career technical education, which was presented as bipartisan-supported as the transcript continued.
TX
Texas 89th 2nd C.S.
Homeland Security, Public Safety & Veterans' Affairs Apr 30th, 2025
Homeland Security, Public Safety & Veterans' Affairs
Transcript Highlights:
- Texas Military Department follows those standards.
- soldiers and airmen to meet those standards.
- Have other states set standards for their forces?
- I, I'm saying that we're meeting standards. We have standards already set.
- So that's what we go by, the standards by DOD.
Bills:
SB 36
TX
Transcript Highlights:
- And while we have a Jail Standards Committee, the commission...
- On jail standards, I would say that the work adjourned. Members, this is a vote.
- The bill must adhere to the display standards.
- It's just by treating different kids differently and lowering the standards for those kids.
- We don't have a lot of, for example, female aeronautical engineers.
Bills:
SB37, SJR84, SJR87, SJR27, SB8, SB10, SB227, SB261, SB15, SB12, SB25, SB57, SB127, SB293, SB441, SB3059, SB512, SB241, SB1718, SB140, SB2055, SB2075, SB2018, SB1534, SB1567, SB785, SB1233, SB1580, SB1663, SB413, SB447, SB519, SB467, SB1579, SB1191, SB1021, SB1838, SB2807, SB2835, SB546, SB2121, SB2167, SB2035, SB2024, SB1032, SB1049, SB1266, SB1400, SB1302, SB401, SB1596, SB1281, SB1242, SB1343, SB310, SB1346, SB2753, SB2703, SB2221, SB1719, SB2177, SB800, SB790, SB748, SB571, SB1957, SB1923, SB1896, SB1760, SB1335, SB2368, SB2477, SB2587, SB2972, SB2986, SB2965, SB1563, SB1467, SB1164, SB1137, SB614, SB705, SB961, SB918, SB955, SB869, SB850, SB863, SB1610, SB1055, SB2206, SB457, SB2337, SB1362, SCR9, SB2405, SB2406, SB2407, SB2166, SB2148, SB535, SB777, SB827, SB1141, SB1330, SB1352, SB1664, SB1862, SB1936, SB1453, SB1448, SB1398, SB2137, SB2111, SB53, SB226, SB1677, SB1723, SB1839, SB36, SB38, SB815, SB1856, SB552, SB646, SB37, SJR84, SJR87, SJR27, SB8, SB10, SB227, SB261, SB15, SB12, SB25, SB57, SB127, SB293, SB441, SB3059, SB512, SB241, SB1718, SB140, SB2055, SB2075, SB2018, SB1534, SB1567, SB785, SB1233, SB1580, SB1663, SB413, SB447, SB519, SB467, SB1579, SB1191, SB1021, SB1838, SB2807, SB2835, SB546, SB2121, SB2167, SB2035, SB2024, SB1032, SB1049, SB1266, SB1400, SB1302, SB401, SB1596, SB1281, SB1242, SB1343, SB310, SB1346, SB2753, SB2703, SB2221, SB1719, SB2177, SB800, SB790, SB748, SB571, SB1957, SB1923, SB1896, SB1760, SB1335, SB2368, SB2477, SB2587, SB2972, SB2986, SB2965, SB1563, SB1467, SB1164, SB1137, SB614, SB705, SB961, SB918, SB955, SB869, SB850, SB863, SB1610, SB1055, SB2206, SB457, SB2337, SB1362, SCR9, HB5560, HB762, HB 107, HB 114, HB300, HB138, HB4386, HB2495, HB581, HB3348, HB5323
Keywords:
higher education, curriculum review, governing board, faculty council, ombudsman, tax exemption, property tax, homestead, fire damage, constitutional amendment, bail reform, criminal justice, felony offenses, public safety, judicial conduct, state commission, judicial misconduct, commission membership, immigration enforcement, ICE agreements
MN
Minnesota 2025-2026 Regular Session
House Energy Finance and Policy Committee 2/25/25
Energy Finance and Policy
Transcript Highlights:
- <00:21:33.320>
and entities that set standards and entities that set standards and guidelines - Other states are saying that this is a usable product and it meets those standards.
- Other states are saying that this is a usable product and it meets those standards.
- Other states are saying that this is a usable product and it meets those standards.
- Other states are saying that this is a usable product and it meets those standards.
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 24 (2-10-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- And in order to carry such a designation, the fiduciary standard is one in which you must do what's in
- You know, everyone says that Kentucky's like a car and the engines in Louisville, but I'm going to argue
- You know, everyone says that Kentucky's like a car and the engines in Louisville, but I'm going to argue
- /c><00:44:24.800>
in <00:44:25.040>Louisville, <00:44:26.000>but car and the engines - in Louisville, but car and the engines in Louisville, but I'm<00:44:26.319>
going <00:44:26.400
Summary:
The Senate opened with an invocation and the Pledge of Allegiance, then established a quorum with 38 members present and approved the journal from February 9, 2026. Committee reports were received on several bills, including Agriculture reporting Senate Bills 45 and 155 favorably, Banking and Insurance reporting Senate Bills 118 and 153 with committee substitutes, Families and Children reporting Senate Bill 160, and Licensing and Occupations reporting Senate Bills 98 and 145. The House also communicated passage of House Bill 748 and requested concurrence. New measures were introduced, including bills on pharmacy technician supervision, a Kentucky Health Command, campaign finance, and speech-language pathologists, along with several resolutions honoring individuals and memorializing Steven D. Dittle.
The chamber then considered Senate Bill 136, relating to unemployment insurance fraud. Supporters said the bill clarifies which agencies are involved in fraud cases and helps ensure recovered funds are returned to the unemployment trust fund. The bill passed on a roll call vote of 38-0. Senators also debated Senate Bill 183, concerning the regulation of proxy advisory services. Supporters argued it would increase transparency and require disclosure when proxy advice is influenced by non-financial considerations, while opponents said it would create bureaucracy, chill speech, and raise constitutional concerns. After debate, the bill passed 32-6.
After floor action on those bills, Senate Bill 172 on utility fuel adjustment was taken from the Natural Resources and Energy Committee, given first reading, and returned to committee. The remainder of the meeting featured extended remarks from a senator from Grayson focused on rural Kentucky, including ambulance access, healthcare delivery, economic decline, Medicaid costs, and the need for greater state investment in rural communities. No further votes were taken on those remarks.
TX
Transcript Highlights:
- They've sent, uh, engineers and contractors down to look at that facility as well.
- There's no engineering. It's a fault by Representative Tony Gonzalez. He's trying to file a bill.
- How long would it take to engineer the facility, build it and get it up and running?
- I'm sure it wouldn't take much for engineers and architects.
- Again, I want to stress, if we're having to make contingency plans and changes to our standard operating
WA
Washington 2025-2026 Regular Session
Joint Oregon-Washington Legislative Action Committee Jun 12th, 2026
Joint Oregon-Washington Legislative Action Committee
Transcript Highlights:
- lanes throughout the program area, which means there are seven interchanges that we would have to engineer
- That was planning for a 60th percentile probability, which is in conformity with WSDOT's standards at
- beginning of September this year, and then having the federal government issue that entry into engineering
- So I think it's, you know, maybe in the order of a third-ish, but I'm not an engineer, so my math skills
- I'm not an engineer, so my math skills are not that close. But those are the numbers.
Summary:
The Joint Committee on Interstate 5 Bridge met remotely with Washington legislative members to receive updates on the Interstate Bridge Replacement Program, including environmental review, cost and funding, tolling, and procurement for construction. Program staff said the final supplemental environmental impact statement was published in April 2026, with a federal record of decision expected in early summer. They described the recommended design as a single-level fixed-span bridge, centered I-5 alignment, C Street ramps, one auxiliary lane in each direction, and dispersed park-and-ride parking. Members raised concerns about transparency, the closed chat function, and the decision not to include two auxiliary lanes; staff said the one-lane option was recommended through consultation with partner agencies and analysis, but the final decision would come with the record of decision. Staff also said the diversion analysis projected less than 3% traffic diversion to I-205 in 2045, though members from Oregon and Washington expressed concern about impacts to their communities and asked for more detail on mitigation and decision-making.
The committee also reviewed a major cost update. Staff said the full five-mile program is now estimated at $13.5 billion to $15.2 billion, with a likely cost of $14.4 billion, up from a 2022 estimate of $5 billion to $7.5 billion, citing inflation, schedule delays, scope changes, and more detailed risk modeling. They said the first funded phase has been reduced to a $5.68 billion package focused on the Columbia River bridge replacement, connections to I-5, Hayden Island and SR-14, bridge demolition, tolling infrastructure, and advancing light rail design. Funding for that phase was described as $5.69 billion, including $2.1 billion federal funds, $1 billion from each state, and $1.5 billion in projected toll revenue. Members asked what would happen if costs rise further; staff said the estimate includes substantial contingency, the project will use progressive design-build to manage risk, and the team will continue updating the finance plan annually.
A separate tolling and traffic-revenue presentation explained that four toll scenarios were analyzed using regional travel demand modeling, a toll diversion model, and a post-processing review. All scenarios assume pre-completion tolling beginning July 1, 2028, a 50% low-income discount for eligible users, and exemptions for tribal preemptions, emergency vehicles, maintenance vehicles, and organized militia. Staff said the low-income discount would affect about 4% to 6% of annual transactions and reduce annual revenues by roughly 2% to 3%. They said Scenario 2 was used for the financial analysis and is sufficient to support the $1.5 billion toll contribution in the funded phase. Members asked about toll collection costs, revenue impacts of the discount, and how the scenarios differed; staff said collection costs are expected to be in line with other WSDOT toll facilities, but exact costs are not yet set because toll rates are not final.
Finally, WSDOT staff outlined procurement and delivery steps for construction. They said WSDOT will be the lead contracting agency, using progressive design-build, with a request for qualifications targeted for early July 2026, a request for proposals in October, contractor selection in April 2027, construction starting in 2028, and tolling beginning in 2028. Staff said the approach is intended to consolidate scope, reduce interface risk, and allow transparent negotiation with an independent cost estimator, while preserving an off-ramp if a fair price cannot be reached. Members asked for more detail on timing, cost allocation, and the share of the first phase funded by tolls; staff estimated tolls account for about 26% of the first phase cost.
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 49 (3-18-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- second reading of bills on the consent calendar, House Bill 49, an act relating to professional engineering
- House Bill 49, an act relating to House Bill 49, an act relating to professional<00:06:03.160>
engineering - <00:06:03.760>
and <00:06:03.880>land professional engineering and land professional - engineering and land surveying<00:06:04.800>
scholarships, surveying scholarships, surveying - our order of business just a moment ago with second reading of bills and read into the script the standard
NH
New Hampshire 2025 Regular Session
Committee of Conference on HB 557, HB 71 (06/16/2025)
Transcript Highlights:
- on lines 20 and 21, and we just strike the individual notice requirement there and just use the standard
- Natural and Cultural Resources, Division of Parks and Recreation, for the purpose of obtaining engineering
- purpose of parks and recreation for the purpose of<01:48:57.840>
obtaining <01:48:58.239>engineering - <01:48:59.360>
studies <01:49:00.000>and of obtaining engineering studies and of obtaining - engineering studies and ongoing.<01:49:00.800>
So <01:49:00.960>again <01:49:01.280>
Summary:
The committee of conference first discussed House Bill 557, which concerns information on the school budget ballot. The main issue was how to define and calculate the “average cost per pupil.” House members favored a simple calculation dividing the operating budget by enrollment, arguing that it is clearer to the public and matches how taxpayers think about school costs. Senate members preferred the existing RSA-based definition for consistency across statutes and noted that the current definition was about to take effect. Members also debated whether the ballot language should specify the figure as being for the “preceding year,” and some House members ultimately agreed to that clarification while one member did not.
After discussion, the Senate declined to move off its position on the calculation method, but agreed to a compromise amendment adding “for the preceding year” to the Senate language so it would align with the rest of the ballot information. The committee then agreed to draft the report with that amendment.
The committee then turned to House Bill 71, dealing with restrictions on using public school and higher education facilities to shelter certain migrants, along with a Senate-added provision requiring DHHS contracts to comply with the patient bill of rights. Members generally said they supported the base policy of the bill, but Representative Noble raised a drafting concern about a repeal section that appeared to undo the new contract requirement; the group discussed removing that repeal language and adjusting effective dates. The committee also reviewed Senate-added language creating a donation fund for a proposed accessible pier at Hampton Beach. Supporters said the project would be privately funded through donations, with the state park division managing the fund and any remaining balance eventually transferring to an existing state park donations account if the pier is not built. Members questioned maintenance costs, fundraising responsibility, and whether the account was necessary, but the Senate explained the fund was intended to provide a mechanism for private fundraising and future maintenance support.
TX
Transcript Highlights:
- Good morning, I'll show you registered as Scott Stewart on behalf of the American Council of Engineering
- I represent the American Council of Engineering Companies of Texas. Thank you, Mr. Chairman.
- It's earning interest based on the standard investment interest by the comptroller. whether that interest
Keywords:
coastal protection, environmental management, Gulf Coast, storm risk management, funding, Texas General Land Office, healthcare, insurance reform, patient access, insurance regulation, affordable care, health insurance, consumer rights, coverage transparency, claims process, insurance regulations, aggregate production, environmental impact, financial responsibility, reclamation
FL
Florida 2025 Regular Session
January 15, 2025 - 09:00 AM
Transcript Highlights:
- I'm a licensed engineer in the state of Florida with a focus on water resources, a civil engineer with
- and comprehensively managing risk and adhering to the highest ethical fiduciary and professional standards
Summary:
The Government Operations Subcommittee met with a quorum and began with member introductions and remarks from the chair emphasizing the committee’s focus on government efficiency, accountability, and oversight of executive branch agencies. Members shared their districts and backgrounds, with several noting hurricane recovery in their communities and a shared interest in reducing bureaucracy and improving service to Floridians.
The committee’s only presentation was from Chris Spencer, Executive Director of the State Board of Administration, who gave an overview of the SBA’s governance structure, investment responsibilities, and divestment policies. He explained the SBA’s management of more than $257 billion in assets, including the Florida Retirement System, the Florida Hurricane Catastrophe Fund, and Florida PRIME, and reviewed the Protecting Florida’s Investments Act restrictions covering Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He also described the implementation of HB 7071, including the required divestment from direct holdings in Chinese companies, and said the SBA had reduced its direct Chinese holdings from 33 companies totaling over $172 million to 13 companies totaling about $64 million, with completion expected ahead of the September 1, 2025 deadline.
Members asked detailed questions about the Israel boycott list, Morningstar and MSCI, how the SBA gathers information, whether Cuba’s federal designation changes affect Florida law, how companies are removed from scrutinized lists, and whether divestment timing could affect returns. Spencer said the SBA uses public and paid research sources, gives companies a 90-day cure period in some cases, and brings list changes to the trustees for approval. He also explained that the China benchmark change is intended to reduce passive exposure while still allowing active investment decisions, and said the PFIA restrictions have had a modestly positive overall effect on pension performance. The chair also asked about the Florida Retirement System funded ratio and the CAT Fund’s capacity; Spencer said the pension fund is at 80.7% funded, that actuarial assumptions are reviewed regularly, and that the CAT Fund currently has more than $10.5 billion in liquid claims-paying capacity and is expected to remain well positioned for hurricane losses. No votes were taken, and the meeting adjourned after the presentation and questions.
WY
Wyoming 2026 Regular Session
House Floor Session-Day 12, February 23, 2026-AM
Wyoming House Floor Meeting
Transcript Highlights:
- >
tells <00:27:31.520>courts evidentiary standard that tells courts evidentiary standard - immunity and that's the correct standard immunity and that's the correct standard for<00:31:10.880
- >
lawyers <00:32:59.679>and That's the standard Wyoming lawyers and That's the standard - >
reason <00:44:18.880>which viability standard is a reason which viability standard is - The viability standard makes sense. The viability standard makes sense.