Transcript Highlights:

• I mean, if we're going to require the rate payer, and I believe cost recovery is necessary, the rate
• We also have a certified rate of return analyst. These are specific utility industry functions.
• When this team put together our budget goals, we wanted to maintain a low vacancy rate.
• When this team put together our budget goals, we wanted to maintain a low vacancy rate.
• With the pay rates kind of low, we need to increase those pay rates to be more attractive for people

Keywords: 996, all

Transcript Highlights:

• So the rates from the prior budget year, so in the current year, have been maintained into the budget
• So the statutory COLA was being provided in the January budget in order to increase funding rates for
• the standard reimbursement rate, the old rate system we used to use for center-based programs, that
• Long-term revenue growth rate is 4% or 5%.
• We're committed to working with you to increase provider rates.

Summary: The Assembly Budget Committee heard opening remarks on the 2025 Budget Act, which will be amended into AB 101 and SB 101 for floor consideration. Committee leaders described the budget as a difficult compromise shaped by a $12 billion deficit, federal funding uncertainty, wildfire impacts, and rising out-year costs, while emphasizing a balance between compassion and fiscal responsibility. Each budget subcommittee chair then summarized major actions in their areas, including health care, human services, education, climate and transportation, housing and state administration, public safety, and oversight/transparency. Key policy items included delaying or narrowing some of the Governor’s proposed cuts, especially in Medi-Cal and other safety-net programs; preserving funding for dental care, women’s health, family planning, hospice, long-term care, IHSS, and services for undocumented Californians; and maintaining or expanding child care, foster care, food banks, and CalWORKs-related supports. Education actions included additional Proposition 98 settle-up, reduced deferrals, support for TK-12, teacher recruitment, literacy, mental health, preschool slots, and restored funding for UC and CSU. Other major items included housing and homelessness investments, wildfire and disaster response funding, transit loans and greenhouse gas reduction fund support, Proposition 36 and VOCA-related public safety funding, and oversight measures on federal impacts and state efficiency. Department of Finance and Legislative Analyst staff said the package makes some of the same savings moves as the May Revision but relies more on internal borrowing and fewer reductions, leaving a smaller reserve than the administration’s plan but still maintaining roughly $11 billion in the rainy day fund. Members from both parties largely supported the package while raising concerns about long-term sustainability, Medi-Cal costs, reserve use, and the need for future revenue and program review. The committee adopted the subcommittee actions by roll call, 18-6, with the roll held open for absent members and additional comments continuing after the vote.

Transcript Highlights:

• So we have this duplication rate, and we don't know how significant that duplication rate is.
• And again, as we continue to... see exemption rates increase, we increase that risk.
• and decrease the divorce rate.
• Wrap it up with one sentence: rate LGBT people. That would be great.
• They've got a comparable suicide rate. So you want to help families, do it like that.

Bills: HB1106, HB3284, HB541, HB713, HB1403, HB1586, HB1942, HB2070, HB2844, HB2851, HB3151, HB3749, HB3940, HB3963, HB4454, HB4466, HB4795, HB5154, HB5394, SB1357, HB1052, HB4099, HB4638, HB5147

Keywords: child abuse, neglect, gender identity, sexual orientation, child welfare, marriage, family, Texas Commission, family welfare, marriage support, stability, premarital education, child development, strong families, direct patient care, healthcare, physicians, medical services, insurance regulation, maternal health

Transcript Highlights:

• He's proposing cutting Medi-Cal dental reimbursement rates by 43 percent.
• For women of color and especially black mothers, these rates are even higher.
• We don't just have low home ownership rates, black folks.
• California have the lowest home ownership rates.
• And you should know that you can get it from the DMV often at a cheaper rate.

Keywords: 988, house, all

Transcript Highlights:

• We don't want to get in that situation that we are doing double-digit rates on the commodity or that
• We don't want to get in that situation that we are doing double-digit rates on the commodity or that
• We don't want to get in that situation that we are doing double-digit rates on the commodity or that
• We don't want to get in that situation that we are doing double-digit rates on the commodity or that
• is more important than ever as rate is more important than ever as rate pairs<00:37:56.800> across

Keywords: Meeting Start 00:00 Attendance Roll Call 01:45 SB 245 Discussion 02:20 SB 245 Roll Call Vote 04:12 SB 112 Discussion 05:25 SB 8 Discussion 25:20, 958, all

Summary: The Natural Resources Committee first approved the minutes from the prior meeting and then took up Senate Bill 245, which would give the legislature more authority to review appointments to the Fish and Wildlife Resources Commission and clarify language about commissioners serving before confirmation. The sponsor said the bill was meant to allow a deeper background review and prevent unconfirmed appointees from voting on budget matters. The bill was adopted with a sub and title amendment, and Senator Boswell explained his yes vote as a way to ensure timely and proper confirmation votes in the future. The committee then discussed Senate Bill 112, concerning fishing on privately owned lakes and ponds. Senator Boswell argued that landowners should be able to fish on their own property without a license and should control fish harvest on private waters, while still requiring permission for others to fish. Commissioner Rich Storm opposed the proposal, saying landowners already may fish on their property, warning that the bill could reduce fishing-license revenue and federal grant support, and noting the department’s work stocking fish, maintaining access, and funding conservation programs. Senator Webb said he was exploring possible compromise language, and other members raised concerns about pay lakes, youth access, and potential abuse of exemptions. Boswell ultimately withdrew the bill voluntarily, and the committee agreed not to vote on it that day. Finally, the committee heard a discussion-only presentation on Senate Bill 8, focused on long-term energy policy and the role of the Public Service Commission. The sponsor said Kentucky needs a broader energy strategy to address growing demand from new industries such as large data centers, grid capacity limits, and the need for expertise and possibly different pay scales to recruit qualified staff. Members responded positively to the discussion, noting the importance of the PSC and the need for continued work on the issue, but no vote was taken.

Transcript Highlights:

• classification rates. classification rates.
• Happy to stand for any questions. rates, and kind of comparing where we rates, and kind of comparing
• Because you can refund the bonds in order to get more favorable rates, etc.
• <01:05:27.160> agencies<01:05:27.800> which rating agencies which rating agencies which
• the rate isn't going to increase much. the rate isn't going to increase much.

Keywords: 1187, senate, all

Transcript Highlights:

• The default rate against consumers in these cases is unusually high.
• The bills that once again seek to grow credit unions at an exponential rate here in the Commonwealth
• These changes are necessary to address unintended consequences because of rate volatility.
• The second provision would reduce the interest rate on judgments.
• Let's just talk about the interest rate for a second. $5,000 in debt, 12% interest, $600 a year.

Keywords: 995, all

Summary: The Committee on Financial Services heard testimony on several bills focused on consumer debt, mortgage regulation, credit unions, and foreclosure prevention. The Attorney General’s Office strongly supported the Debt Collection Fairness Act (S. 735/H. 1275), saying it would curb abusive debt collection, prevent stale claims, limit civil arrest warrants, modernize wage garnishment rules, and reduce judgment interest rates. Senator Eldridge and legal aid advocates echoed that support, while the Massachusetts Bankers Association and the Massachusetts Mortgage Bankers Association supported bills on credit union mission/competition, consumer privacy in mortgage applications, subprime loan definitions, UCC updates, and protections for vulnerable adults, but opposed foreclosure mediation proposals and several credit union expansion measures, arguing they would distort competition and add unnecessary burdens. A large portion of the hearing focused on foreclosure prevention bills (S. 765/H. 1090), with testimony from homeowners, housing organizers, and legal advocates describing predatory lending, confusing servicing practices, health harms, and displacement caused by foreclosure. Supporters said a statewide pre-foreclosure mediation program would give borrowers and lenders a chance to reach alternatives such as loan modifications or repayment plans, and cited local experience in Lynn where mediation reportedly produced high rates of foreclosure alternatives. Opponents from the banking industry argued Massachusetts already has strong foreclosure protections and that a new mandatory process could delay resolution without added benefit, though they also noted a 2024 pilot should be evaluated first. The committee also heard strong support for H. 1282/S. 684, which would update the Massachusetts Uniform Commercial Code. State Street and a bankruptcy attorney said the changes are needed to keep commercial law current with electronic transactions, tokenized assets, and blockchain technology, and to maintain competitiveness with other states. The hearing concluded after public testimony, with no bill votes taken during the session; the chair thanked speakers and the committee voted to adjourn.

Transcript Highlights:

• But, you know, as a per capita rate, we were really, really good.
• We're at, uh, But, you know, as a per capita rate, we were really, really good.
• Well, and I realize you're using the prevalence rate, but I'm asking you a...
• rate from?
• Dementia rates. That was where we saw the problem and the pain.

Bills: HB1623

Keywords: HB 1623, North Dakota, rural health, rural health transformation program, medical facility infrastructure loan fund, medical facility infrastructure loan program, rural health loan program, Bank of North Dakota, Department of Health and Human Services, HHS, federal grant, health care infrastructure, rural hospitals, critical access hospitals, nonprofit health care providers, gap financing, loan fund, public health funding, healthcare financing, Medicaid

Summary: The committee heard House Bill 1623, the appropriations bill tied to North Dakota’s Rural Health Transformation Program, which is funded through a new federal rural health care grant. Senator Bekkedahl explained the bill’s background, the interim committee process that developed it, and the federal conditions attached to the award, including spending deadlines, administrative cost limits, and restrictions on uses such as new construction, supplanting existing funding, and certain other costs. Legislative staff then walked through the seven sections of the bill, including appropriation authority, transfer authority, contingent appropriations for pass-through grants, procurement and public improvement exemptions, recipient reporting, legislative reporting, and immediate effective date. Commissioner Traynor and HHS staff described how the department plans to implement the program, emphasizing that the funding is intended to improve rural access, workforce recruitment and retention, technology and data connectivity, and community health initiatives. They said the department will rely on local applications, technical assistance, templates, listening sessions, and partnerships with providers, schools, public health units, tribal entities, and other community groups. Members asked about reimbursement timing, upfront costs, administrative expenses, sustainability after the five-year grant period, and whether CTE centers, public health units, gyms, grocery stores, and other community partners could participate; the department said yes, within program rules and with a focus on measurable outcomes and sustainability. Several supporters testified in favor. Mental Health America of North Dakota and the Mental Health Advocacy Network supported the bill and urged investment in community-based mental health, crisis response, children’s services, peer support, and mobile crisis teams. HIA Health described the grant as a chance to expand home-based and hospice care, noting that rural providers already have workable models but need funding to scale them. A cybersecurity representative also supported the bill, warning that the large amount of health data and AI-related tools will require strong data protection and professional support. The hearing was closed with no opposition testimony, and the committee announced it would return later in the day for further work on the bill and other measures.

Transcript Highlights:

• There's nowhere else to go that would increase our rates.
• Using that approach, they have a 90% completion rate. Thank you very much.
• Also, to see if the rates, which we've estimated at 50, 75, and then 100 over that 80.
• Their legislature can't rate it because I know it would have been rated by them, right?
• or California rate payers?

Transcript Highlights:

• hearings, and that's why part of the reason our costs are increasing, as well as just general postage rates
• Despite the recent rate increases and general fund transfer into this fund to supplement it, the fund
• Right now, we're paying them $445 per case based on a rate study from FY 21.
• The rate study that was just completed in June of 2025 says the rate should be $600 per month because
• We added new intergovernmental transfers to leverage part of that big rate increase through Medicaid

Transcript Highlights:

• Drivers continue to work without a voice, without transparency as to how rates are set or in some cases
• <00:02:07.119> are without transparency as to how rates are without transparency as to how
• rates are set<00:02:07.840> or<00:02:08.080> in<00:02:08.319> some<00:02:08.560
• , share companies can change the rates, share companies can change the rates, the<00:05:22.240>
• <00:15:18.639> and per minute and per mile rates and per minute and per mile rates and insurance

Keywords: 1187, senate, all

Transcript Highlights:

• With the record growth of employment rates in Texas, the skilled labor shortage also continues to grow
• With an incredible 83% job placement rate, TSTC is the only higher education institution but 9774,000
• rate, TSTC is the only higher education institution that is 100% outcomes-based funded.
• I might also point out that we have the best three-year graduation rate in the two-year sector.
• Between the ages of 19 and 25, that uninsured rate is about 27 percent.

Summary: The committee heard and discussed several higher education and public school bills. Senator Burwell presented SB 1242 to remove an outdated Coordinating Board approval requirement for Texas State Technical College land and facility acquisitions, and SJR 59 to create a constitutionally dedicated endowment for TSTC capital needs; both drew strong support from industry and workforce groups and were left pending. SB 757, by Senator Middleton, would create a debt-to-earnings accountability system for public college programs, with supporters saying it would protect students from low-value degrees and opponents warning it could unfairly penalize programs with long-term value, especially graduate, medical, and public service fields; it was also left pending. SB 1241, by Senator Millington, would expand acceptable college entrance exams beyond the SAT and ACT, including the Classic Learning Test, and was left pending after testimony from CLT, homeschool, and student groups in support. SB 1085, by Senator Blanco, would let Sul Ross State University offer lower-division courses at its satellite campuses in the Middle Rio Grande region; it too was left pending. The committee then took up a series of public school and higher education measures, voting several out favorably. SB 605, as substituted, limits commissioner approval of charter school expansion amendments for schools under conservatorship or a management team and was reported favorably 9-0. SB 1871 and SB 1873, both by Senator Perry, were revised to narrow teacher immunity, clarify removal and suspension procedures, require periodic review of in-school suspension placements, and align discipline rules; both substitutes were adopted and reported favorably. SB 1872, SB 1874, SB 762, SB 1962, SB 1750, SB 2252, SB 2253, SB 2365, SB 1924, and SB 37 were also considered, with most reported favorably on party-line or near-unanimous votes. SB 1750 would replace a flat charter school facilities funding cap with an attendance-based formula; SB 2252 and SB 2253 address kindergarten readiness, early literacy/numeracy, and educator preparation; SB 2365 concerns student phone use during instructional time; SB 1924 restores local citation authority for certain school offenses and adds reporting, notice, and completion requirements; and SB 37 would expand state oversight of higher education curriculum, governance, faculty senates, and compliance with state law. Other measures heard included SB 769, which would require a Coordinating Board report on barriers faced by students with disabilities in higher education; supporters emphasized the need for better data and accessibility, while witnesses suggested broader reporting on race, disability types, and K-12-to-college transitions. SB 2231 would designate a Free College Application Week in October and was left pending. SB 1878 would modernize the Josie School statute and provide formula funding and aid eligibility for Polytechnic College. SB 1409 would authorize universities to offer self-funded student health benefit plans, with Rice University and Texas 2036 supporting the measure as a way to lower costs and expand coverage. SB 2431 would require universities to give foreign language credit for study abroad programs, SB 2314 would require schools to inform students about opting in or out of record sharing for direct admissions through My Texas Future, and SB 2138 would extend the state’s anti-ESG contracting restrictions to public higher education endowments and governing boards; these later bills were introduced and left pending.

Transcript Highlights:

• And then we can see mortgage rates hit bottom, and we saw an acceleration in the sales, and then the
• So the interest rate effect was greater than the negative impact of seeing the Surfside event occur.
• The nation has gone up at a slightly higher rate, slightly faster rate.
• Because you can't—even if the rates didn't change, and we haven't seen that in a long time—mm-hmm.
• And they've just gone through an assessment or a rate increase, I guess.

Summary: The Committee on Regulated Industries met for a panel discussion on current issues affecting Florida condominiums. DBPR Secretary Melanie Griffin highlighted the department’s expanded condo education, complaint, and ombudsman services under HB 1021, including new online resources, board member certification, increased outreach, and broader complaint jurisdiction. She said the division has filled most of its new positions and that the new condo website is intended to improve transparency and access to records and information. Other panelists focused on insurance, inspections, and market impacts. Insurance agent Mike Clarkson said the condo insurance market remains difficult, especially for older buildings, and raised concerns about roof replacement demands, Citizens’ depopulation practices, and the mismatch between reserve studies and insurer timelines. Building officials representative Ron Laceca described challenges with phase one and phase two inspections, including incomplete databases, limited contractor capacity, and the need for local flexibility and better recordkeeping. University of Florida researcher Bill Hughes said his data show the condo market has not suffered a major overall decline from the new laws; he argued the rules have made costs more transparent and may strengthen the market over time. Community association manager Jamie Ballard said the biggest pressures on associations are rising insurance costs and early roof replacement requirements, and she supported board certification while opposing the continuing education exemption for long-tenured CAMs. In committee discussion, members pressed witnesses on whether recent condo laws caused insurance and roof-cost problems, and witnesses generally said those issues are driven more by the market than by the legislation. Senators also discussed possible reforms, including better data collection, clearer reporting duties for managers, and possible changes to insurance and reserve practices. No votes were taken, and the meeting ended with adjournment.

Transcript Highlights:

• This touches a lot on regulatory and rate-paying processes, rate-making processes, but we're finding
• The PSC's rate regulatory authority...
• adjust rates of public utilities.
• We do the market rate study.
• Neutrons in the reaction should be slowed to a controlled rate.

Summary: The committee met to review advanced nuclear energy issues in North Dakota, beginning with approval of the April 21, 2022 minutes. Nucleon presented an overview of the advanced reactor landscape, distinguishing light-water SMRs, advanced Gen 4 reactors, and microreactors. The presentation emphasized that light-water SMRs are the most near-term deployable and use familiar low-enriched uranium fuel, while many Gen 4 designs may require high-assay low-enriched uranium (HALU), which is not yet supported by a mature U.S. supply chain. Nucleon also noted that advanced reactors are being developed primarily for industrial heat applications, while microreactors are niche, higher-cost systems for remote or mission-critical uses. Committee members asked about fuel availability, safety, recycling, and whether large reactors such as AP-1000s were evaluated; the presenter said fuel development is proceeding in parallel but remains a bottleneck, and that siting and grid capacity often make SMRs more practical than gigawatt-scale plants in North Dakota. Representatives from the National Association of State Energy Officials described how other states are supporting advanced nuclear through task forces, roadmaps, regional coordination, grants, tax incentives, workforce and supply-chain efforts, and pilot programs. They highlighted the Advanced Nuclear First Mover Initiative and said states are focusing on multi-state coordination, demand aggregation, regulatory coordination, waste management, workforce readiness, and community engagement. They also discussed affordability tools such as construction work in progress (CWIP), financing incentives, and consumer protections, citing examples from Kentucky, Texas, Virginia, Illinois, Missouri, Utah, Tennessee, and others. In response to questions, they explained that pilot programs often involve site-readiness and feasibility studies, and that the federal Nuclear Innovation Campus process is moving forward with multiple submissions while broader waste and recycling policy may require congressional action. The Public Service Commission said it would likely have a major role in any North Dakota nuclear project through certificate-of-public-convenience-and-necessity review, siting, and rate regulation, but noted gaps in current law for small reactors, co-located facilities, NRC coordination, and long-term site stewardship. The commissioner said the commission has no authority over a private, self-contained reactor not connected to the grid. The Department of Environmental Quality explained that the state regulates radioactive materials under its agreement-state authority, but NRC retains primacy over fission reactors; DEQ would likely assist with emergency planning and could have a larger role if fusion reactors emerge. The Department of Emergency Services said it would serve as the lead off-site preparedness agency, requiring a dedicated radiological emergency preparedness program, training, drills, public outreach, and likely additional funding and staffing, with industry expected to bear much of the cost. The Department of Water Resources said North Dakota’s water laws and prior-appropriation system are adequate for nuclear siting, that the Missouri River is the best likely source, and that no statutory or budget changes are currently needed from a water perspective. The committee recessed for lunch after these agency presentations.

Transcript Highlights:

• Now, what we know is the United States and New Mexico both have a birth rate lower than our death rate
• And so those rates are going to be different.
• Well, those rates. It could be different in every area.
• The wage rates in Albuquerque may be higher than they are in Cañada, New Mexico.
• We'll set a floor that you can't go below a certain rate.

Keywords: 996, all

Transcript Highlights:

• The RAC has an over 90% success rate. How many systems can say that?
• Community custody in Bernalillo County has an over 90% success rate.
• Our recidivism rate as of FY 13 for those kids who had...
• . is over 9.5 times the rate of Canada.
• The U.S. has the second highest child and teen firearm death rate.

Transcript Highlights:

• The cap is based upon the contribution rate which is still set at eight and a quarter.
• So if you do something separate from that, you're not impacting that contribution rate. Okay.
• Or the state could increase its contribution rate as well.
• The state could increase its contribution rate. That's the 8.25 to 8.4 percent that.
• There's other states that have higher rates of certification.

Bills: HB2, HB2

Keywords: public education, teacher compensation, certification, funding, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, disaster preparedness, emergency management, flooding, mass fatality, mass casualty, fatality tracking, body recovery, autopsy, justice of the peace

Transcript Highlights:

• <00:29:55.760> and<00:29:56.080> uh earlier at a discounted rate and uh earlier at
• a discounted rate and uh encourage<00:29:57.440> um<00:29:57.600> folks<00:29:58.120>
• <00:33:50.279> while self-sufficiency um in our rates while self-sufficiency um in our rates
• Another important piece we don't talk enough about is we've reduced our reincarceration rate.
• <00:39:40.240> which<00:39:40.359> is incarceration rate which is incarceration rate

Keywords: 928, house, all

Summary: The Fiscal Committee met on February 21 and first approved the January 30 minutes and the consent calendar, with item 2540 removed by the Department of Education and item 25057 set aside for discussion. The committee then took up FIS 25057, a Department of Transportation request tied to a federal grant for building information modeling and related data standardization across DOT systems. Transportation officials explained that the $2.405 million consultant-heavy request would connect surveying, design, construction, and asset management systems, improve efficiency and long-term asset tracking, and help the department catch up with other states. Several senators questioned the lack of immediate, quantifiable budget savings and the reliance on consultants, but the item was ultimately adopted. The committee next approved FIS 25054 for the Department of Health and Human Services after questioning a $16 million shortfall in the Children’s Health Insurance Program. DHHS explained the variance as a budgeting and accounting issue tied to separating CHIP from Medicaid managed care, pandemic-era continuous enrollment, and the new federal requirement for 12 months of continuous coverage for children. Members also approved a Cannon Mountain fee item, where park officials described a proposed price freeze for early-bird passes, a new in-season tier, and modest increases in off-season pricing, while noting operating cost pressures, strong snow conditions, and favorable customer value ratings. That item was adopted unanimously. The committee also approved the Department of Corrections item after discussion of staffing, retirement eligibility, overtime, and recidivism. Commissioner Helen Hanks said retirement-eligible staff had declined slightly, recruitment was improving, overtime hours were down, one housing floor had been closed because of lower population, and the department had reduced reincarceration by 8% over seven years, which she said produced substantial savings. The item was adopted. During informational items, the committee heard a Legislative Budget Assistant performance audit of the New Hampshire Commission for Human Rights. The audit found the commission inefficient and ineffective in processing complaints, with average case closure taking 840 days, significant backlogs dating back decades, expired administrative rules, weak management controls, disorganized and outdated procedures, unreliable data, and unresolved prior audit findings. The audit included 25 recommendations, two of which may require legislative action. Commission staff said they appreciated the recommendations and expected the additional resources from the prior budget cycle to help address the backlog and improve transparency and efficiency.

Transcript Highlights:

• So different liabilities have different interest rates.
• account rate, which is, you know, hovers around three-ish.
• So different liabilities have different interest rates.
• The pension liabilities have a discount rate of closer to 7%.
• At any rate, my point is your description of it is in the eye of the beholder.

Keywords: 987, senate, all

Transcript Highlights:

• But at the time that he receives it, it might have been at a higher rate. Then it goes low.
• the state would invest up to, but not more than, 10% to ensure that those who would want a better rate
• And I think... ...wants a better rate of return on their retirement, would get that.
• You've got computers that are learning at a faster rate than humans can develop.
• a rate decrease using the standard rating methodology to help get savings to consumers faster.

Summary: The Insurance and Banking Committee met with a quorum and heard three bills. HB 487 would authorize the CFO and State Board of Administration to invest up to 10% of certain state funds in Bitcoin, require specified custody methods, allow Bitcoin lending under rule, and create a process for accepting taxes and fees in Bitcoin. The sponsor and several proponents argued it would diversify state investments, hedge inflation, and position Florida as a leader in digital assets. Members raised concerns about volatility, security, valuation, and whether Bitcoin was being singled out over other cryptocurrencies, but the bill was reported favorably after debate and a roll call vote. The committee then considered HB 7011, an Open Government Sunset Review measure for records of insolvent insurers. The bill would continue some exemptions but make additional records public, including underwriting files, risk-solvency assessments, corporate governance annual disclosures, and the names, benefits, and compensation of insurance executive officers. There was no public testimony, and members discussed privacy and safety concerns, but the bill passed and was reported favorably. Finally, the committee heard HB 1433 on hurricane mitigation grants and insurer regulation. The bill would tighten restrictions on former executives of failed insurers, raise capital requirements for new insurers, and require mitigation credits when homeowners receive Safe Florida Home funds. An amendment was adopted to require a licensed person to make final claim-denial decisions when AI or automation is used and to prioritize filings that lower rates. Consumer advocates supported the transparency and consumer protections, while industry representatives urged caution on the AI provisions. After debate, the amended bill was reported favorably. The meeting ended with closing remarks from the ranking member, vice chair, and chair reflecting on the committee’s work and likely final meeting of the term.