Video & Transcript Research : 'Texas Occupations Code'
Page 168 of 500
MD
Transcript Highlights:
- House Bill 848, Public Safety — State Fire Prevention Code Trash and Recyclable Materials, favorable.
- interim, the National Fire Protection Association developed regulations through their life safety code
- 101, and the State Fire Prevention code 101, and the State Fire Prevention Commission<00:17:13.079><
- <00:19:25.800>
They <00:19:25.920>can decide on life safety code. - They can decide on life safety code.
Summary:
The House convened with 124 members present, offered a prayer, and recognized foster youth visiting the chamber. Members then adopted two House resolutions honoring Dr. Sonja Santelises for 10 years as CEO of Baltimore City Public Schools and recognizing Sigma Gamma Rho Sorority, Incorporated, for 104 years of service, scholarship, and sisterhood. The House also received Senate bills and began taking up committee reports.
Several bills were reported favorably and advanced to third reading, including measures on higher education grants, public safety pay restrictions, retirement and pension system work group extensions and cost-of-living adjustments, synthetic turf and aquaculture studies, rail crew requirements, Howard County speed limits, election address confidentiality, IT investment fund uses, ethics financial disclosures, Public Information Act divorce records, aging-in-place grants, judicial assignments, clerk and register salaries, and firearm literature distribution. House Bill 428, concerning temporary assignment of former judges, was special ordered until the next day after the minority whip requested time for an amendment.
The chamber also considered and adopted amendments on several bills. House Bill 437, the Transportation and Climate Alignment Act of 2026, was amended to exempt the Chesapeake Bay Bridge project and then special ordered after questions about greenhouse gas impacts on major highway expansion projects. House Bill 457 on menstrual hygiene products at higher education institutions, House Bill 538 on student enrollment disclosures, House Bill 561 on child care credential funding, House Bill 720 on a veterans scholarship, and House Bill 212 on out-of-state vehicle registration all received amendments and favorable reports as amended. HB 212 drew extended debate about Maryland residents using out-of-state tags, with supporters saying it would help enforce registration laws and opponents raising concerns about legislative вмешательство in vehicle regulation and enforcement discretion.
LA
Louisiana 2026 Regular Session
House & Governmental May 19th, 2026
Transcript Highlights:
- So somebody from Texas, say, couldn't come and trot in with an ID from Texas and say that they live here
- in and out of the voting booth with a Texas license plate on their car.
- Texas license is not good. It's not on the list, right?
- The 2007 election code had 298 pages in it.” “This year we have 419.
- Now they are probably registered as home in Texas or somewhere where it's better tax benefits.
Summary:
The committee first heard Senate Bill 319, which would tighten and standardize voter identification rules at polling places. Senator Presley and Secretary of State Nancy Landry said the bill replaces the current “generally recognized” photo ID standard with a specific list of acceptable IDs, removes the affidavit-only option, and allows voters without a photo ID to cast a conditional paper ballot at the registrar of voters office or during early voting if they later provide approved documentation within two days after the election. Supporters argued the bill improves consistency, election integrity, and poll-worker guidance while still preserving access through alternative documents and free state IDs; opponents warned it could create confusion and burden seniors, students, homeless voters, and others without easy access to the required documents. After debate, the committee reported SB 319 favorably by a 7-2 vote.
The committee then approved Senate Bill 202, which adds one day of compensated meeting time for parish boards of election supervisors in certain elections, and Senate Bill 25, which revises the compensation schedule for registrars of voters and related staff. SB 25 was amended to remove outdated step references and make conforming technical changes, and supporters said the pay structure has not been updated since 2007 despite increased duties and workload. The committee also adopted and reported favorably Senate Concurrent Resolution 29, creating a legislative study committee on water quality in the Chafalalaya Basin, and House Concurrent Resolution 85, creating a task force on illegal dumping, both with technical amendments.
In addition, the committee advanced Senate Concurrent Resolution 63, which asks the legislative auditor to review how fiscal notes are prepared during session, and Senate Concurrent Resolution 33, which creates a work-based learning coordination task force to improve alignment among education, workforce, and employer partners. SCR 33 was amended to change the appointing authority for two members. The committee also approved Senate Concurrent Resolution 5, establishing the Louisiana-Ireland Trade Commission, and House Resolution 196, which creates a study committee on the impact of fallen trees on residential property and insurance issues. Several of these measures were supported by agency representatives or outside groups, and the committee adopted technical amendments where needed before reporting the bills and resolutions favorably.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am
Joint Committee on Financial Services
Transcript Highlights:
- Texas and California both passed similar legislation.
- I don't think you could find more diametrically opposed political views than Texas and California.
- Texas in California passed us both passed similar legislation.
- I don't think you could find more diametrically opposed political views than Texas and California.
- She also began working with an occupational therapist.
Summary:
The Joint Committee on Financial Services held a lengthy public hearing with more than 70 people signed up to testify, focusing mainly on health insurance and health care access bills. Early testimony centered on H.1257/S.712, which would require insurance coverage for medically necessary treatment of genetic craniofacial conditions. Supporters included legislators, dentists, and medical experts who said these conditions are not cosmetic, can severely affect eating, speech, pain, and social functioning, and often create major financial hardship because insurers deny coverage. A related dental bill, H.1262/S.676, drew technical testimony from the Life Insurance Association of Massachusetts about implementation issues with the 2022 dental loss-ratio law, while the Massachusetts Dental Society supported H.1306/S.696 on transparency in dental network leasing and opposed H.1262. Representative Gentile also testified for H.4013, which would ban for-profit acute care hospitals and for-profit health insurers in Massachusetts, arguing that profit incentives undermine patient care.
A major portion of the hearing was devoted to H.1261/S.799, a bill to protect patients from surprise ambulance bills. Municipal fire chiefs, Boston EMS, nonprofit ambulance providers, and the bill’s Senate sponsor said the measure would require insurers to pay ambulance providers directly and promptly, cap patient out-of-pocket costs, and reduce confusion caused by out-of-network billing. Witnesses described ambulance services as essential public health infrastructure and said current billing practices can discourage people from calling 911 or leave municipalities and nonprofits unable to recover costs. Committee members asked about unpaid debt, municipal billing burdens, and how the bill would affect rates and reimbursement. No votes were taken during the hearing.
The committee also heard extensive testimony on H.1249/S.805, which would require screening for PANS/PANDAS in medical and clinical settings. Legislators, clinicians, parents, a teen with the condition, and educators described PANS/PANDAS as an infection-triggered inflammatory illness that can present as sudden psychiatric symptoms and is often misdiagnosed as a mental health disorder. Supporters said routine screening at well visits, emergency rooms, and other clinical settings would help identify children earlier, reduce unnecessary psychiatric treatment and hospitalizations, and improve outcomes. Testifiers repeatedly urged favorable action, emphasizing the personal and financial toll on families and the potential for early treatment to prevent long-term harm. The hearing concluded with continued testimony on these bills; no committee action or votes were announced.
MN
Minnesota 2025-2026 Regular Session
House Health Finance and Policy Committee 4/2/25 - Part 2
Health Finance and Policy
Transcript Highlights:
- Well, that's just not accurate, because once we say that something is within the scope of an occupation
- doesn't even account people that move here, have already been practicing in Tennessee, in Florida, in Texas
- :44.000>
in practicing in Tennessee, in Florida, in practicing in Tennessee, in Florida, in Texas - <00:54:45.839>
maybe <00:54:46.000>their Texas, but they move here. maybe their Texas
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, January 9, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- For what purpose does the gentleman from Texas seek recognition? Mr.
- <00:21:13.440>
I of the title 3 United States code I of the title 3 United States code I hereby - The gentleman from Texas, the lead sponsor, is recognized.
- The gentleman from Texas, the lead sponsor, is recognized.
- from Texas Mr Jackson gentleman<01:08:05.000>
from <01:08:05.160>Texas <01:08:05.480>
MN
Transcript Highlights:
- ><00:40:29.760>
zip background, economic status, or zip background, economic status, or zip code - Many provisions in this bill code.
- Currently, this section of law cites to a very specific subparagraph of federal code.
- <01:05:11.599>
MDE subp paragraph of federal code. MDE subp paragraph of federal code. - paths grow faster than other occupations paths grow faster than other occupations right<01:28:43.280
CA
Transcript Highlights:
- as the Highway Patrol and local departments, to hold AVs accountable when violations of the vehicle code
- Some companies have gone so far as to place a QR code on the side window next to the side mirror to make
- The fire department is then dispatched Code 3 with lights and sirens to that location.
- He added that heavy-duty vehicles and commercial vehicles already operate in other states, with Texas
- And so, for example, we had an event where we were down in Houston, Texas.
Summary:
The Assembly Transportation Committee heard testimony on the DMV’s finalized autonomous vehicle regulations, with a focus on how the rules update California’s oversight of testing, deployment, reporting, and enforcement. DMV and CHP officials said the new framework expands data collection beyond crashes to include immobilizations, hard-braking events, system failures, and notices of noncompliance, while also creating clearer requirements for first responder interaction, remote operations, and heavy-duty AV testing and deployment. Members raised concerns about safety, emergency response delays, freeway and work-zone operations, and whether the state has enough data to compare AVs with human drivers.
Witnesses from consumer and labor-related groups emphasized transparency and accountability, arguing that the prior rules were outdated and that public access to the collected data is important for regulators, researchers, and injured parties. Industry representatives said California now has the nation’s most comprehensive AV permitting and reporting system, with phased permits, mileage thresholds, and broad DMV authority to restrict or suspend operations. They supported the regulations as a path to safer, more transparent deployment, while noting that the rules stay within state operational authority and do not replace federal standards for vehicle design and performance.
A second panel focused on first responder interactions and remote operations. The San Francisco Fire Department described AVs blocking emergency scenes and generating “sleeper calls” when passengers fall asleep, consuming significant fire and EMS resources. Waymo said it maintains 24/7 emergency contacts, first responder plans, geofencing protocols, and remote support that can help move vehicles or allow first responders to override them. Members asked about license requirements for remote personnel, redundancy during communication outages, and how companies handle sleeping passengers before calling 911. No votes were taken; the hearing was informational.
TX
Texas 89th Regular
Senate Special Committee on Congressional Redistricting Jul 25th, 2025
TX
Texas 89th 2nd C.S.
Appropriations - S/C on Articles I, IV, & V Feb 26th, 2025
Appropriations - S/C on Articles I, IV, & V
Transcript Highlights:
- In our lifetime and, and Texas is not exempt from those threats.
- So really a game-changer for Texas. We're very fortunate, um.
- It helps law enforcement in Texas.
- The Texas legislature funded these ballistic windshields.
- be a game-changer for DPS because we can hire people in Lubbock, Texas.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 4/1/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- It will show up in the packet as coded as 068.
- next bill um it is uh in the packet as next bill um it is uh in the packet as uh<00:51:52.599>
coded - :54.599>
again <00:51:54.760>it <00:51:54.839>will <00:51:55.000>be uh coded - as 068 again it will be uh coded as 068 again it will be introduced<00:51:55.520>
as <00:51:55.640 - around the state for law enforcement officers and first responders, and also for all sorts of needed occupations
Keywords:
child care, grants, appropriation, workforce development, families, YWCA Minneapolis, job training, child development, economic assistance, WomenVenture, economic development, entrepreneurship, women entrepreneurs, business training, financial support, youth programs, funding, employment, Minnesota, American Indian
WA
Washington 2025-2026 Regular Session
Joint Committee on Veterans’ & Military Affairs Oct 30th, 2025
Transcript Highlights:
- often talk about REPI and have folks present to us and Sentinel projects across the country, from Texas
- The huge difference is that this location is going to be rooms for one occupancy.
Summary:
The Joint Committee on Military and Veterans Affairs heard presentations on several military and veterans-related topics. Dr. Dan Calvert briefed the committee on the JBLM Sentinel Landscape Partnership, explaining its voluntary conservation work to reduce encroachment around the base by protecting prairie habitat, supporting agriculture, and managing sensitive species. He described REPI funding, recent and proposed projects, and possible policy support such as state designation, dedicated funding, management endowments, prescribed fire flexibility, and water-right transfer tools. Members asked about seed sourcing, the distinction between natural-resource encroachment and development-related encroachment, and the impact of federal REPI staffing cuts.
David Puente of the Washington State Department of Veterans Affairs updated the committee on plans for a new state veterans cemetery in the Tri-Cities area and a replacement Spokane Veterans Home. He said the cemetery project has two candidate sites near Richland/West Richland, with pre-design funded by the legislature and a future request expected for land purchase and construction; he also noted the current cemetery funding source is limited and would not support a second cemetery without additional state operating funds. On the Spokane home, he described the current facility’s limitations and said the replacement would be a 120-bed, small-house model on a larger site, with the VA expected to cover 65% of construction costs if the state provides the match. He also reviewed agency budget reductions, including vacant positions, reduced outreach, cuts to counseling and wellness funding, and reduced support for veterans service organizations.
Blue Star Families’ Puget Sound chapter also presented on its programs for military-connected families, including Coffee Connects, a children’s book club, outdoor programming, career support, and Blue Star Welcome Week. The group said it is expanding beyond the South Sound and is using local outposts and online networks to reach more families, while also helping with food insecurity through grocery gift cards and partnerships with local nonprofits. Committee members discussed the need to expand the organization statewide and the ongoing food-security challenges facing military families.
During the final discussion on potential legislation, members raised ideas including restoring Washington National Guard retention efforts, expanding E-CAP eligibility to military families, revisiting the composition of the Veterans Affairs Advisory Committee, and addressing veterans’ preference issues for service members who have not yet received a DD-214. The committee did not take any formal votes or actions, but members and presenters discussed future policy and budget requests, and the chairs thanked the presenters and staff before adjourning.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 7 on Accountability and Oversight Apr 23rd, 2025
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 093 Apr 17th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- 15:56.880>
of <01:15:57.000>Professions <01:15:57.520>and <01:15:57.600>Occupations - Division of Professions and Occupations Division of Professions and Occupations and<01:15:58.280
- yesterday with the regulation, another bill is going to add about a thousand pages to the building code
- , and it's not even code that we've written.
- it<03:40:53.440>
is <03:40:53.600>not They aren't having these conversations in Texas
Summary:
The House convened with 58 members present and seven excused, establishing a quorum, and approved the April 15, 2026 journal as corrected. The chamber then moved through announcements recognizing visiting railroad workers, LIUNA Local 720, Colorado West Christian Schools, Religious Freedom Day, and several school and community groups, along with birthday acknowledgments and committee schedule notices. The House also adopted a motion to remove House Bill 1245 from special orders and returned it to the general orders second reading calendar, and set House Bills 1290, 1312, and 1321 as special orders.
The House adopted Senate Joint Resolution 18, recognizing Nowruz and expressing support for the human rights and fundamental freedoms of the Iranian people, including the Women, Life, Freedom movement. Supporters described Nowruz as a holiday of renewal and resilience and tied the resolution to solidarity with Iranian communities. Representative Zokaie also spoke at length about the personal impact of war on Iranian families and urged a vote. The resolution passed 59-2 with four excused.
The chamber then considered several bills in committee report. House Bill 1290, concerning assault and clarifying sentencing, was amended in Judiciary to remove the medical professional provision and passed after testimony emphasizing strangulation as a serious warning sign in domestic violence cases; it then passed the House. House Bill 1312, dealing with peace officer participation, POST Board composition, academy training, and related grants, was amended for clarity and passed the Judiciary report and then the bill. House Bill 1321, modifying the School Security Disbursement Program, had the Education Committee report defeated, but amendments were adopted to broaden eligible service providers and adjust funding language; the bill then passed as amended.
MN
Minnesota 2025-2026 Regular Session
House Public Safety Finance and Policy Committee 3/10/26
Public Safety Finance and Policy
Transcript Highlights:
- So, just to kind of walk through the bill quickly, it gives building owners and occupants, of course,
- that they may need to have occupant that they may need to have remediation<00:15:55.839>
and < - So, under United<01:32:31.280>
States <01:32:31.600>Code <01:32:31.920>Title <01: - So is this then extending beyond that current code for a singular case?
- So is this then extending beyond that current code for a singular case? >> Representative Pinto?
Keywords:
theft, vulnerable adults, public safety, penalties, Minnesota statutes, chemical irritants, law enforcement, transparency, building owners, tenant rights, notification, remediation, firearm restrictions, domestic violence, court orders, criminal convictions, firearms prohibition, gun surrender, order for protection, protective order
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services Nov 6th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- The five food banks that operate within the state and collectively cover all 33 counties are color-coded
- The percentage of federal benefits that may roll back into the SNAP program requires a complete coding
- It's easy when it's a hundred percent, but to do 35% or 50% is going to require A coding change rollout
- The Bureau of Labor Statistics Standard Occupation Classification lists dental hygienists as health care
- Children with sensory disorders in the schools alongside the occupational and physical therapists.
LA
Transcript Highlights:
- “...19 in Texas, and that ballooned to 5,200 in 2022.
- Under Louisiana Administrative Code, there are three levels of a crisis receiving center.
- Under Louisiana Administrative Code, there are three levels of a crisis receiving center.
- Did you code everything?
- Section 603 was described as the general definition for Title VI of the Children's Code.
Bills:
HR267, HCR105, HCR107, HCR110, HCR113, HCR114, SB4, SB52, SB57, SB145, SB152, SB194, SB237, SB333, SB433, SB483, SCR37
Keywords:
diabetes, amputation, amputations, diabetic foot ulcer, peripheral artery disease, PAD, wound care, podiatry, vascular disease, endocrinology, limb salvage, health policy, public health, healthcare costs, insurance coverage, Louisiana Department of Health, University of Louisiana at Lafayette, Louisiana Center for Health Innovation, patient education, screening
ND
North Dakota 2026 1st Special Session
Higher Education Institutions Committee Jan 15th, 2026 at 08:30 am
Transcript Highlights:
- And, I mean, we're having the discussion in the other committee of using CIP codes.
- Do they use the ZIP codes to do it?
- BARE, and this is in Century Code.
- So as per Century Code, we are administered by NDSU. And what does that mean?
- That's ourselves, Kansas, Nebraska, Colorado, and Texas A&M.
Summary:
The committee first reviewed the 2024-25 tuition waiver report for the North Dakota University System. Staff explained that waivers were reported for degree-seeking students and broken out by residency, institution, and waiver type. Members asked about partial versus full waivers, institutional discretion, athletic waivers, and whether campuses have published guardrails or transparency requirements. Staff said most waivers are set by institutions, with some statutory and board-required categories, and that athletic waivers are a small share of total waiver dollars. The report showed total gross tuition of $354.5 million, tuition waived of $38.9 million, and 11,193 of 42,040 students receiving some waiver. Members also discussed how waivers affect net tuition revenue, housing and food collections, and whether campuses are using waivers strategically compared with scholarships and other funding sources.
The committee then heard a presentation on tuition rates by campus and State Board policy. Staff explained the board’s tuition factors for resident, Minnesota reciprocity, contiguous-state/U.S. nonresident, and international students, and noted that campuses often seek exceptions based on program-specific competition and enrollment goals. Members asked whether rates are based on cost or competition, and staff said campuses typically bring forward estimates and market comparisons when requesting special rates. The presentation also reviewed general fund appropriations versus net tuition revenue by campus, and members discussed how local tuition decisions and waivers do not directly affect the state funding formula, though they do affect institutional revenue and reserves. Questions were also raised about the Higher Learning Commission’s financial composite indicator and how it differs from the more intuitive reserve and revenue figures.
The committee next received a broad overview of non-higher-education entities affiliated with the State Board of Higher Education, beginning with NDSU agriculture-related units. Dr. Greg Lardy described the State Board of Agricultural Research and Education, the NDSU Extension Service, the Agricultural Experiment Station, and the branch research centers, emphasizing their statewide role in crop and livestock research, extension education, and county-based outreach. He outlined funding mixes for extension, the experiment station, and branch stations, noting that grants and contracts support both research and education, while the agronomy seed farm is self-funded through seed sales. Members asked about the new and vacant FTE pool, R1 research status, matching requirements for grants, and whether state appropriations count toward research expenditures. Dr. Lardy also highlighted major research impacts, including crop varieties, virtual fencing, AI-assisted weed control, and NDAWN weather data.
The Northern Crops Institute and the Upper Great Plains Transportation Institute also presented. NCI described its role in market development, technical services, and education for regional agriculture, its governance through the Northern Crops Council, and its funding from state appropriations, other states, and earned revenue. Members asked about the source of out-of-state funding, intellectual property, and the institute’s international reach. UGPTI then outlined its transportation research, federal and state funding structure, and work on road and bridge condition assessments, travel demand modeling, and workforce training. No votes were taken during the portion of the meeting reflected in the transcript.
CA
California 2025-2026 Regular Session
Assembly Local Government Committee Jul 16th, 2025
Transcript Highlights:
- Or should they be entitled, like on almost every other ordinance and code enforcement provision that
- And we started out this bill by really trying to address the issue of owner occupations. Bill.
- From that experience, I know the challenges of navigating zoning codes and code compliance on the ground
- From that experience, I know the challenges of navigating zoning codes and code compliance on the ground
- , the building code, the electrical code, and NFPA 855 are the standards that the projects are built
Summary:
The committee first heard SB 753, which would modernize California’s shopping cart recovery rules by allowing cities and counties to return abandoned carts directly to retailers, recover documented retrieval costs, and avoid the current impound-and-wait process. The author and supporters, including San Jose officials and the League of California Cities, said the bill would help clear streets, sidewalks, and waterways and reduce local costs. Grocers and retailers opposed the measure unless amended, arguing it would turn cart retrieval into a new cost burden and could create incentives for cities to charge too much for stolen property. After extensive discussion about notice periods, cost caps, and local ordinances, the committee adopted amendments and passed the bill 6-0 as amended.
The committee then took up SB 445, which would speed up permitting and approvals needed for high-speed rail by requiring early engagement, setting rules for third-party coordination, and creating a dispute-resolution process. The author said the bill was narrowed from an earlier, broader transit proposal and was intended to reduce delays caused by utilities, local governments, and other entities. Supporters said permitting bottlenecks add major costs and delays to infrastructure projects, while opponents from utilities, cities, counties, telecoms, and special districts raised concerns about safety, reliability, affordability, and the need to review the pending amendments. The bill passed 8-1 to the Utilities and Energy Committee.
The committee also heard SB 9, a narrower housing bill focused on accessory dwelling units. The author explained that it would require local ADU ordinances to be submitted to HCD for review and would make state standards control if a local agency fails to submit a compliant ordinance or respond to HCD findings. Supporters from housing and YIMBY groups said the bill would improve enforcement of state ADU law and prevent local barriers from slowing housing production. There was no opposition, and the bill passed 6-0. The committee then began hearing SB 79, which would allow more housing near major transit stops; the author and supporters framed it as a response to the housing shortage and transit underuse, and the hearing continued with extensive support testimony as the transcript ended.
FL
Florida 2025 Regular Session
January 15, 2025 - 09:00 AM
Transcript Highlights:
- I have some of the wealthiest zip codes, and I have some of the most complicated and struggling cities
- forward to seeing how we can find a way for small things like businesses that are looking for their occupancy
- come through where we're finding hurdles and roadblocks. ...businesses that are looking for their occupancy
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.
ND
North Dakota 2026 1st Special Session
Budget Section Leadership Division Jun 24th, 2026 at 01:00 pm
Transcript Highlights:
- But they're moving forward with gas utilization projects quickly in Texas.
- The rigs have gotten, they left here, unfortunately, and they all went to Texas.
- The rigs have gotten, they left here, unfortunately, and they all went to Texas.
- You are seeing some activity in Texas, in the Eagle Ford a little bit.
- Oxy is a big, big oil player in Texas. They came up here to share some of their information.
Summary:
The Budget Section Leadership Division met with a quorum and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity in North Dakota. Ron Ness said production is expected to remain relatively flat at just under 1.2 million barrels per day, with efficiency gains and longer laterals helping offset lower rig counts. He discussed oil and gas prices, gas taxation, flaring concerns, northward movement of drilling activity, and the importance of new infrastructure and enhanced oil recovery (EOR) pilots. Members asked about gas taxation, natural gas liquids, pipeline impacts, and the outlook for Continental and other operators. Ness said the industry is likely to remain steady rather than see a major ramp-up or decline.
Matt Pearl of the State Tax Department then explained the federal “big beautiful bill” and its effect on North Dakota income tax collections. He said the law extends or makes permanent several federal provisions and creates temporary deductions for seniors, tips, overtime, and auto loan interest, with the biggest state impact coming from the standard deduction increase and business tax changes. He revised earlier estimates downward, saying the net cash impact on state collections is likely in the $30 million to $35 million range after accounting for business prepayments and one-time FY25 oilfield transaction effects. Committee members asked which provisions apply to standard versus itemized returns.
OMB staff gave a detailed update on major capital projects and facility funding. Topics included Capitol grounds improvements such as 18th-floor renovations, wayfinding, seating, lighting, tree management, and restroom and lobby upgrades; security work at the governor’s residence, which has been delayed by the discovery of human remains; and space reconfiguration efforts in Bismarck-Mandan to reduce leases and create shared offices and conference rooms. They also reported on the State Facility Maintenance Fund, including roof, window, boiler, and kitchen projects at state facilities, and on the state hospital project in Jamestown, which remains on budget and on schedule for substantial completion in winter 2027 and opening in spring 2028. OMB also updated the committee on the Minot North Central State Office Building, the use of federal State Fiscal Recovery Funds, and the status of legislative intent and trust fund reports, including school aid turnback, the school construction loan program, the Foundation Aid Stabilization Fund, the Legacy Fund, and the Strategic Investment and Improvements Fund. The committee ended by discussing future agenda items, including government efficiency, cash management, Bank of North Dakota lines of credit, and the rural health transformation program, and then adjourned.