Transcript Highlights:

• Next step we have on the agenda: taxation of financial deposit institutions, and we may have Barbara
• </c> 21 2021 that um the function financial 21 2021 that um the function financial institutions<00:39
• </c> apportionment for, um, financial apportionment for, um, financial institutions<00:40:23.960><c>
• And in the old days, before it, as Barbara alluded to, financial institutions were one of those.
• institutions were one of financial institutions were one of those. those. those.

Committee: Joint Appropriations & Revenue

Keywords: Meeting Start 00:00:00 Votruba Young Scholars Academy 00:01:55 Taxation of Financial Deposit Institutions 00:36:50, 958, all

Bills: SB326 , SB326

Committee: House Public Safety and Homeland Security

Keywords: sheriff, credit card, debit card, financial procedures, Jackson County, purchasing authority, boating regulations, anchoring, rafting, enforcement mechanism, environmental protection, 1136, house, all

Transcript Highlights:

• created in 1983 to help increase the availability of housing throughout the state by acting as a financial
• created in 1983 to help increase the availability of housing throughout the state by acting as a financial
• commission acts as a constituted authority and to remove language stating that the commission acts as a financial
• commission acts as a constituted authority and to remove language stating that the commission acts as a financial

Bills: HB2118 , HB2236

Committee: House Housing

Keywords: common interest communities, restrictions, property rights, homeowners association, community governance, housing finance, affordable housing, housing commission, state agency, financial assistance, 904, all

Transcript Highlights:

• Under this bill, they will have two choices: become employed for compensation for at least 80 hours a
• First, I want to talk about the financial reality.
• I believe that it is his view that net zero policies wind up creating financial burdens on communities
• And even though the ones that do, some of them don't allow for compensation for surrogacy contracts,
• It requires all student financial aid to be applied before a university grants tuition waivers for the

Bills: S0006 , S0026 , S0206 , S0532 , S0576 , S1012 , S1110 , S1178 , S1192 , S1758 , S1760 , S7046 , S7048

Committee: Senate Appropriations

Keywords: child welfare, negligence, settlement, injury compensation, Department of Children and Families, motorcycle accident, compensation, Department of Transportation, legal claim, autism, autism spectrum disorder, ASD, special education, exceptional student education, ESE, teacher preparation, educator certification, micro-credential, loan forgiveness, student loan repayment

Summary: The Appropriations Committee met and considered a large agenda of bills, reporting several measures favorably. Early action included SB 6, a settled claim bill involving the Department of Children and Families and the estate of Leila Estrada and Sapphire Williams, which was approved for $3.8 million. The committee also passed a cybersecurity internships bill creating a Department of Commerce program with Cyber Florida, and SB 532, which lets clerks of court retain the full amount of certain excess revenue and clarifies foreclosure-sale procedures. Veterans housing measures, CS for CS for SB 1602 and SB 1604, were approved to create a pilot program and a related trust fund for vacancy relief and risk mitigation for veteran housing. The committee also favorably reported SB 1110 on Medicaid and insurance coverage for orthotics and prosthetics, with emotional testimony from a student and family describing the high cost and importance of activity-specific prosthetics. Members also approved CS for CS for SB 1012 after adopting an amendment that removed inmate emergency and specialty medical service compensation provisions while retaining changes to the contractor-operated institutions inmate welfare trust fund. Another bill, CS for CS for SB 1614, was narrowed by a delete-all amendment to focus on limiting the use of excess fees for new building construction by local governments. All of these measures were reported favorably after brief debate, with some support testimony submitted in writing or waived. The most extensive discussion centered on CS for CS for SB 17, a major Medicaid and public assistance overhaul. The bill would create a Joint Legislative Committee on Medicaid Oversight, allow the Legislature to retain its own actuary, tighten Medicaid program oversight, update encounter-data reporting, set performance standards for managed care plans, revise pharmacy benefit manager rules, and require DCF to implement SNAP fraud-reduction and payment-accuracy reforms, including photo IDs on EBT cards and updated work requirements. It also would direct agencies to seek federal waivers for Medicaid work requirements for able-bodied adults and expanded behavioral health services. After lengthy questioning and testimony, the committee adopted amendments adding a transitional medical benefits glide path for people who gain employment and later lose Medicaid eligibility, and exempting hospice patients with six months or less to live. Supporters argued the bill would improve accountability, reduce fraud, and save money, while opponents warned it would create administrative burdens, increase paperwork, and cause eligible people to lose coverage or food assistance. The committee ultimately reported the bill favorably as amended.

Bills: HB2013 , HB2292 , HB2334 , HB2349 , HB2350 , HB2845 , HCM2011

Committee: House Land, Agriculture & Rural Affairs

Keywords: air pollution, wildfires, environmental standards, public health, Arizona Revised Statutes, wildfire, wildfire mitigation, wildfire prevention, forest fire, brush removal, defensible space, community hardening, vegetation management, fire-resistant construction, wildland urban interface, WUI, insurance premium tax, property insurance, homeowners insurance, commercial property insurance

Transcript Highlights:

• The 5% financial incentive for appraisal districts to impose such penalties and provides additional transparency
• restricts political subdivisions from providing severance pay to executives beyond 20 weeks of compensation

Bills: SB 1079 , SB 1243 , SB 1504 , SB 1579 , SB 1708 , SB 1844 , SB 1851 , SB 1879 , SB 1921 , SB 1951 , SB 2237 , SB 2238 , SB 2406 , SB 2407

Committee: Senate Local Government

Keywords: SB 1079, Texas, county government, commissioners court, Local Government Code, Chapter 263, surplus property, salvage property, data storage device, hard drive, electronic media, digital records, confidential information, protected information, privacy, records retention, information security, data destruction, device disposal, sensitive data

Summary: The meeting of the Senate Committee on Local Government was marked by significant discussions on multiple bills aimed at enhancing governance and protecting taxpayer interests. Among the notable legislations was SB1951, where Senator Paxton emphasized reforms to reduce erroneous penalty notices imposed by appraisal districts, eliminating the financial incentive for such penalties. The session concluded with public testimonies that highlighted the importance of transparency and accountability in taxpayer dealings. Additionally, Senator Middleton presented SB1504 and SB2237, focusing on the operational frameworks of local authorities and executive severance payments, respectively, both of which sparked considerable debate among committee members.

Transcript Highlights:

• Throughout my career, I have worked to strengthen accountability, operational structure, financial stewardship
• As a trustee, I understand my responsibilities to provide oversight, safeguard the college's financial
• expand the graduate services in job placement, partnering with industry and measures of graduate financial
• “Oh, yes, mine was in the 1960s.” partnering with industry and measures of graduate financial success
• business and corporate governance, we're in a highly regulated business, so corporate governance and financial

Bills: S1570 , S1376

Committee: Senate Appropriations Committee on Higher Education

Keywords: missing persons, special needs, autism, search-and-rescue, Florida, voluntary program, funding, genetic counseling, education grants, state universities, faculty recruitment, student financial assistance

Summary: The committee heard and approved two bills before moving to a long confirmation agenda. SB 1570, by Sen. Gates, would restore Project Leo, a previously sunset program that helps locate missing persons with special needs through voluntary tracking devices and coordination between CARD centers and local sheriffs; it was praised as a proven tool for families and first responders and was reported favorably. CS/SB 1376, by Sen. Burgess, would create grants to support genetic counseling education and help address Florida’s shortage of genetic counselors; testimony noted the state’s limited supply of licensed counselors and the need to expand clinical training, and the bill also passed favorably. The committee then considered a block of reappointments to university and college boards of trustees, including institutions such as UWF, Broward College, Chipola College, FIU, Pasco-Hernando, Polk State, St. Petersburg, Valencia, FAMU, FAU, UCF, FSU, New College, UNF, USF, and others. No one requested separate votes on the reappointments, and the block was confirmed unanimously for recommendation to the next committee. A series of new appointees then appeared and largely emphasized workforce training, nursing, military support, and local economic development at their institutions. Witnesses included appointees to Pensacola State, Polk State, St. Petersburg College, UNF, FIU, UWF, Valencia, the College of the Florida Keys, and others; several highlighted strong NCLEX pass rates, dual enrollment, and partnerships with employers or military communities. One nominee, Florida Poly reappointment Ilya Shapiro, faced pointed questioning from Sen. Bracey Davis about past comments regarding race and the Supreme Court; he said his remarks were about hiring criteria, not a specific justice, and reiterated opposition to race- or sex-based selection. The committee also briefly struggled to reach Sherry Young by phone before hearing her testimony for Chipola College, where she said she wanted to give back as an alumna and nurse practitioner. Most new appointees were recommended for confirmation in a block, while Thomas Zachary Smith of UWF was pulled for separate consideration.

Transcript Highlights:

• I mean, they're not connected with a financial institution.
• So, I mean, they're not connected with a financial institution.
• So, I mean, they're not connected with a financial institution.
• These are not tied to any bank or financial institution that requires... customers.
• </c> we're highly regulated financial we're highly regulated financial institutions.<00:25:53.039><c>

Bills: HB0075 , HB0128

Committee: Senate Minerals, Business & Economic Development

Keywords: virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, severance tax, oil production, tax exemption, energy sector, economic impact, 916, all

Transcript Highlights:

• /c><00:28:30.320><c> to</c> Thing about those three, you can go to their websites and you'll see financial
• You see the financial statements for those entities.
• > or</c><00:33:50.320><c> awards</c><00:33:50.720><c> and</c><00:33:50.960><c> furtherance</c> compensation
• or awards and furtherance compensation or awards and furtherance of<00:33:51.679><c> the</c><00:33:51.840
• </c> filings that that creates that financial filings that that creates that financial transparency.<

Bills: HB0075 , HB0128

Committee: House Minerals, Business & Economic Development

Keywords: virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, severance tax, oil production, tax exemption, energy sector, economic impact, 916, all

Bills: HB387 , HB387

Committee: House Ports, Waterways & Intermodal Transit

Keywords: sales tax, food taxation, local government, financial growth, tax reduction, water recreation, public use, water bodies, sewer commissions, public interest, 1136, house, all

Bills: S1376 , S1570

Committee: Senate Education Postsecondary

Keywords: genetic counseling, education grants, state universities, faculty recruitment, student financial assistance, missing persons, special needs, autism, search-and-rescue, Florida, voluntary program, funding

Summary: The committee met with a quorum present and first considered SB 1376, which would create an education grant program to help address Florida’s shortage of genetic counselors by supporting students in genetics programs at state universities. Senator Burgess described genetic counselors’ roles in oncology, prenatal care, rare diseases, and other clinical settings, and noted Florida’s limited number of licensed counselors. The committee adopted an amendment requiring graduate programs to be accredited by the Accreditation Council for Genetic Counseling and to show sufficient clinical training capacity. Members spoke in support, and CS/SB 1376 was reported favorably by roll call vote. After a brief recess, the committee took up SB 1570, which would revive Project Leo, a prior Florida program that helped locate missing persons with special needs who are at high risk of wandering or elopement. President Gates explained that the bill would allow participating CARD centers to work with local sheriff’s offices to provide voluntary tracking devices and included $1 million in nonrecurring funding. Senators Berman and Harrell supported the measure, citing the dangers of wandering, especially for individuals with developmental disabilities or autism, and the importance of preventing drownings and other tragedies. The bill was reported favorably by roll call vote. No other business was raised, no senators requested to be recorded on the bills, and the committee adjourned without objection.

Transcript Highlights:

• understanding of as we're looking and evaluating this legislation, is there some... reason why now in the financial
• So you believe what I'm hearing you say, and again, I'm not a financial genius; I'm a doctor.

Bills: SJR4 , SJR 4

Committee: House Appropriations

Keywords: economic stabilization fund, state finance, constitutional amendment, budget management, financial security, term limits, state offices, governor, lieutenant governor, election reform, 1184, house, all

Transcript Highlights:

• All financial institutions are required. We've issued money... required.
• So, you know, right now we require financial institutions to report elder transactions.

Bills: HB297 , HB587

Committee: House Financial Services

Keywords: cash transactions, money transmission, regulatory compliance, criminal penalties, Alabama Securities Commission, information technology, auditors, financial institutions, cybersecurity, certifications, state regulations, 1136, house, all

Transcript Highlights:

• duties as any of the following without suspension of his or her retirement allowance, provided the compensation
• duties as any of the following without suspension of his or her retirement allowance, provided the compensation
• Is there—let's call the roll. >> Compensation earned does not exceed school reset.
• Uh, this is one of the military packages that would exempt compensation for civilians of the employees
• would</c><00:43:28.960><c> exempt</c> >> This is one of the military packages that would exempt compensation

Bills: HB151 , HB152 , HB138 , SB221 , SB190 , SB69 , SB225 , SB272 , HB151 , HB152 , HB138 , SB221 , SB190 , SB69 , SB225 , SB272

Committee: Senate Finance and Taxation Education

Keywords: fire chaplains, distinctive license plate, firefighter, volunteer service, criminal penalties, sales tax exemption, baby supplies, baby formula, maternity clothing, menstrual hygiene products, pregnancy, pregnant defendant, incarceration, jail intake, pregnancy test, bail, pre-incarceration probation, supervised probation, electronic monitoring, electronic supervision

Bills: SB312 , SB945 , SB946 , SB1367 , SB1861 , SB2044 , SB2337 , SB2403 , SB2819 , SJR54

Committee: Senate State Affairs

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Transcript Highlights:

• The people of Texas didn't elect financial institutions from Wall Street or activist non-partisans.
• It sends a chilling message to conform to the political orthodoxy, or lose access to basic financial
• ESG-driven financial discrimination against entire groups, industries, companies, or individuals has
• Their advice is not tied to financial performance.
• They have to prioritize in writing that they prioritize financial returns over ideology.

Bills: SB312 , SB945 , SB946 , SB1367 , SB1861 , SB2044 , SB2337 , SB2403 , SB2819 , SJR54

Committee: Senate State Affairs

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Transcript Highlights:

• issue one or more subpoenas to compel BlackRock Incorporated, State Street Corporation, or any other financial

Bills: SB312 , SB945 , SB946 , SB1367 , SB1861 , SB2044 , SB2337 , SB2403 , SB2819 , SJR54

Committee: Senate State Affairs

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=OeR0ycSDyMA, 2026-06-21T07:17:05+00:00, 2.2.24, Data collected via generic collector engine, 00:00:00 – call to order and roll call 00:02:05 – Industry update from Kentucky Farm Bureau Mutual Insurance 00:37:22 – The role of regional banks in Kentucky’s economy 00:59:34 – Department of Financial Institutions update 01:16:10 – Banking code modernization and unlawful financial trade practices, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• at any time within a 12-month period, to be compensated under outlined criteria.
• So they're still able to be compensated, but to ensure that there's not, and they're not being taken
• compensation left over for them.
• compensation left over for them.
• Faustle Burrell with the Department of Insurance and Financial Institutions.

Bills: HB2010 , HB2192 , HB2310 , HB2501

Committee: Senate Regulatory Affairs and Government Efficiency

Keywords: digital goods, advertising, ownership, license, consumer protection, refund policies, streaming services, minors, content creators, online platforms, compensation, trust accounts, child protection, video content, privacy, employment, independent contractor, marketplace, digital services, contractual agreements

Transcript Highlights:

• Uh, financial planning program.
• Uh financial planning program. Okay. Uh financial planning program.
• </c><00:09:22.080><c> information</c> of detailed um uh financial information of detailed um uh financial
• Uh and then financial continue to grow. Uh and then financial education<00:09:43.040><c> tools.
• ><c> financial</c> program with certified financial program with certified financial planners,<00:10:

Keywords: Meeting Start: 00:00:35 Attendance Roll Call: 00:00:55 Approval of Minutes: 00:02:56 Deferred Compensation Authority Update: 00:03:12 Retiree Health Update - TRS: 00:15:58 Retiree Health Update - KPPA: 00:56:13 Adjournment: 01:20:33, 958, all

Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.