Transcript Highlights:

• The people that should be doing this should be actuaries, insurance people, and finance people, and we
• For example, Troy Clark has a background in finance, so we rely a lot on him to help us with those issues
• We're really in finance, risk, and insurance areas that we're ill-prepared for.
• would have the authority to manage this the way we do our other funds and things like our state finances
• I've been throughout this process in a lot of communication with the chair of the Senate Finance Committee

Keywords: 996, all

Transcript Highlights:

• Members, finance. Good morning, Mr. Chairman, members of the committee.
• Carrie Schaw for the Department of Finance, Division of Risk Management.
• Members, >> finance. Good<00:27:25.520> morning,<00:27:25.760> Mr.
• Carrie Schaw for the Department<00:27:28.640> of<00:27:28.880> Finance,<00:27:29.360>
• Department of Finance, Division of Risk Management.<00:27:31.120> We<00:27:31.360> have

Keywords: 924, joint, all

Transcript Highlights:

• This team leads every decision of our district, from teaching and learning to finance, operations, technology
• currently at a presentation with our local real estate organization, is our Deputy Superintendent of Finance
• It continues to earn state and national recognition for excellence in finance and procurement, ensuring
• I want to echo the other statement: it is about financing.
• So I think that's important to let you all know about how finances work.

Transcript Highlights:

• I serve on the Finance and Transportation Committee and Council Services, so thank you very much.
• And also the Mortgage Finance Authority on how we can all work together in having a fluent and smooth
• developer can do, and how they can ease entry into those homes will be a lot of factors in being able to finance
• I'm a fiscal analyst for the Legislative Finance Committee. Finance Committee.
• be a presentation by the Consensus Revenue Estimating Group tomorrow in front of the Legislative Finance

Transcript Highlights:

• As the Minnesota House of Representatives, through the work of the Legacy and Finance Committee, we are
• 23:49.760> advancement<00:23:50.400> of<00:23:50.640> legacy<00:23:51.280> finance
• motan, the advancement of legacy finance motan, the advancement of legacy finance committee, committee
• A really big issue for me in the clean water fund is that it gets $16 million for PFA, the Public Finance
• A really big issue for me in the clean water fund is that it gets $16 million for PFA, the Public Finance

Keywords: 1183, house

Transcript Highlights:

• Madam President, this amendment to House Bill 1482 comes from your Senate Finance and Tax Committee.
• Madam President, this amendment to House Bill 1482 comes from your Senate Finance and Tax Committee.
• Madam President, the Senate Finance and Tax Committee supported this amendment unanimously, and we ask
• Madam President, the Senate Finance and Tax Committee voted 6-0 on a due pass recommendation.
• Madam President, the Senate Finance and Tax Committee voted 6-0 on a due pass recommendation.

Keywords: 908, all

Summary: The Senate opened with prayer, the Pledge, a quorum call, and approval of journal corrections. It then handled several House messages, appointing conference committees on Senate Bills 2004 and 2006 and House Bills 1018, 1019, and 1363, and re-referring House Bill 1216 to Appropriations. The chamber also adopted amendments to House Bill 1601, which would have expanded special assistant attorney general authority for certain offices, but the bill failed on final passage after strong opposition centered on preserving the Attorney General’s control and avoiding a solution in search of a problem. A major portion of the day focused on education funding. House Bill 1369 was amended to raise per-pupil aid from 2% and 2% to 3% and 3% and to increase the school construction loan transfer from $75 million to $100 million; supporters said this would help local schools and military base projects, while opponents raised questions about special education placement language and state coordination. The bill passed 44-3. House Bill 1013, the DPI budget, was also amended extensively to adjust staffing, funding sources, grants, meal assistance, teacher training, and other education programs; it passed 45-2. House Bill 2234, dealing with Choice Ready grants, was amended to shift funding away from general funds and toward federal or other sources, but then failed on final passage after the sponsor urged a red vote. The Senate also approved House Bill 1482, restricting bond and indebtedness elections for counties, cities, school districts, and park districts to primary or general election days, and House Bill 1332, creating a value-added agriculture facility incentive program with an emergency clause. House Bill 1010, the Insurance Department budget, passed unanimously after amendments reflecting the merger of the Securities Department into Insurance and adding staff and fee changes, while House Bill 1011, the separate Securities Department budget, failed because its funding was already included in HB 1010. House Bill 1584, a major pharmacy benefit manager reform bill, passed with an enforcement fund and new licensing/enforcement structure despite debate over ERISA and market transparency. In other action, the Senate concurred in House amendments and passed Senate Bills 2226, 2230, 2069, 2082, 2387, 2385, and 2186, with SB 2186 on parenting time interference and a child custody task force passing 27-20 after debate over whether the issue should be left to the courts. Senate Bill 2234, on Choice Ready grants, and Senate Bill 2243, on driver’s license points and traffic penalties, both failed after concurrence motions were adopted but final passage votes were overwhelmingly negative. The chamber also advanced Senate Bill 2291 to conference committee consideration near the end of the transcript.

Transcript Highlights:

• John has a finance degree from the University of Texas, spent more than 35 years in the business community
• He volunteers as chairman of the Diocese of San Angelo on the Finance Council. is an active member of
• Justice Brister has also served as the chair of the Texas Commission on Public School Finance.
• I have over 23 years of state service, including in law. finance, environmental issues, and electricity
• And I definitely tell them if they pay attention in finance or literacy classes. and they enter the careers

Keywords: Texas Water Fund, water management, infrastructure funding, local governments, workforce development, community colleges, educational programs, sustainability

Summary: The meeting focused on several crucial issues, including the Texas Water Fund and its implications for development in the state. Various members highlighted the critical need for effective management of water resources, discussing the role of the Water Development Board and their strategies for outreach to local governments. The committee engaged in a thorough examination of funding projects and the sustainable financing necessary for communities facing challenges in meeting their infrastructure needs. Additionally, there was notable discussion regarding promoting workforce development and the alignment of educational programs with the demands of the job market as indicated by recent trends in community colleges.

Transcript Highlights:

• so that that is the only of Finance so that that is the only difference<00:32:14.480> the<00:
• I'm not sure where they're at with that discussion in Division Two of House Finance.
• <03:35:41.800> there's division two of um house finance there's division two of um house finance
• The House Finance Committee is broken into three divisions.
• I referenced that the house finance I referenced that the house finance committee<04:06:11.720><

Keywords: 928, house, all

Summary: The committee held a public hearing and work session on House Bill 25/25A, the capital improvements budget. Representative David Mills introduced HB 25A, which makes appropriations for capital improvements for the biennium and extends certain lapses from prior appropriations, noting it is based on Governor Ayotte’s budget. The hearing then focused on requests to add or restore funding for several projects, including community college capital needs, Veterans Home ADA and safety upgrades, career and technical education renovations in Milford, and airport infrastructure funding. Shannon Reed of the Community College System of New Hampshire asked for an additional $2.6 million for IT infrastructure, critical maintenance, and energy management systems, citing failing boilers, roof work, cybersecurity needs, and a recent costly water damage incident at Lakes Region Community College. John Graham, representing the New Hampshire Veterans Home, requested $1.5 million for ADA compliance and safety improvements such as floor replacement and wider doors, saying the work would help the home before an upcoming VA inspection and protect federal funding. Lance Whitehead testified for Milford CTE, asking the committee to keep $9.9 million in the budget for a scaled-down renovation; members discussed the town’s failed vote, the need for local matching funds, and the possibility of another vote next year. Tim Thompson of Concord and Margaret Burns of NHMA urged restoration of airport matching funds, arguing that about $3.6 million in state money would leverage roughly $62 million to $65 million in federal FAA funds for safety and infrastructure projects. Trisha Lambert and Andrew Pomroy of the Bureau of Aeronautics and airport management association explained the airport program, the 12 federally funded airports, and how projects are selected through airport master plans and a capital improvement program. After public testimony, the committee closed the hearing on HB 25A. In the work session that followed, staff distributed supporting documents, including cost breakdowns and comparison sheets. The chair indicated the committee would work from the governor’s $143 million capital budget as a baseline and proposed reducing it by about $10 million, largely by removing the Milford CTE item because both towns had voted it down and would not have another vote for a year. The chair said the goal was to bring the overall budget to about $133 million and then repurpose the remaining funds through straw polls and further committee action.

Transcript Highlights:

• I would like to adopt the Attorney General's amendment and move this on to Finance.
• So my recommendation is to move this forward to Finance as is. Any questions or concerns, members?
• I'd like to move this forward to Finance Committee for further consideration.
• I'd like to move this forward to Finance for further consideration by defecting the date.
• <02:04:25.840> committee move this forward to finance committee move this forward to finance

Keywords: 910, house, all

Summary: The committee heard testimony on several bills. HB 655 would limit collection of unpaid motor vehicle taxes, fees, and penalties to the most recent five consecutive years of delinquency. The Department of Transportation opposed the bill, saying it could significantly affect state and county revenues and that the fiscal impact was hard to estimate. The Tax Foundation noted the bill would shorten the existing collection period, while an individual testifier supported it as a narrow measure that would help owners of old or inherited vehicles. In questioning, the department said it could not quantify the cost but suggested it would prefer case-by-case flexibility rather than a fixed five-year limit. HB 697 would authorize Department of Transportation and Department of Law Enforcement personnel to inspect and certify evidence from automated speed enforcement systems and would appropriate funds for the program. The Department of Transportation supported the measure, citing the workload created by the red-light camera pilot and the need to assist police and prosecutors. The Department of the Attorney General supported the concept but recommended technical amendments so the verification language would apply consistently across the chapter and allow the appropriate reviewing entity to act. The committee also heard support from the AAHU Metropolitan Planning Organization and opposition from three individuals. HB 711 would require defendants convicted of causing the death of a parent or legal guardian of a minor child while driving under the influence to provide financial support to the surviving child. The Office of the Public Defender opposed the bill, arguing that criminal restitution must be tied to verified losses and that this type of long-term support is better handled in civil court, where trusts, conservatorships, and insurance claims can be addressed. The Department of Transportation supported the bill as a deterrent to impaired driving, and police, prosecutors, and an injury prevention group also submitted support. Members questioned whether the measure was better suited to civil litigation, and the public defender agreed that the civil system was the proper venue. HB 108 would allow direct shipment of beer and distilled spirits by certain licensees and require county liquor commissions to adopt rules. The Attorney General raised constitutional concerns, saying the bill’s different treatment of out-of-state manufacturers could violate the dormant Commerce Clause and recommended revisions. Brewers and distillers testified in support, saying the bill would put beer and spirits on a similar footing with wine direct shipment, help small producers reach consumers, and support the local economy without increasing underage access. They also said the bill should be amended to address grandfathering language. No final votes or committee actions were taken in the portion of the hearing provided.

Transcript Highlights:

• With me is Danielle Shand, and I'm the Director of Finance. Danielle Shand.
• I'm the Director of Finance. Welcome.
• We have our finance and administration divisions.
• <01:11:12.360> and drones we have our finance and drones we have our finance and administration
• our finance a portion of our our finance our finance a portion of our our finance Bureau<01:17:59.719

Keywords: 928, house, all

Summary: The Department of Safety presented an overview of highway fund and unrestricted revenue collections, focusing on the Division of Administration, the Road Toll Bureau, and the Division of Motor Vehicles. Amy Newbery explained that the main unrestricted funding sources are highway funds and general funds, with highway fund revenue of about $263 million in FY 2024 and a FY 2025 projection of $261.2 million. She said revenue growth has been modest and has not kept pace with costs, creating structural deficits that required general fund transfers of $50 million in FY 2022-23 and another $10 million in FY 2024-25 to balance the fund. Jennifer Hall described Road Toll operations, including motor fuel tax collection at the distributor level, compliance enforcement, and licensing for fuel distributors, transporters, IFTA carriers, and oil discharge/pollution control. Members asked about IFTA, dyed-fuel enforcement, the possibility of using the state forensic lab for dyed-fuel testing, and whether audit positions had been filled; the department said it recently hired a part-time fuel enforcement officer, still uses IRS testing, could explore lab testing, and had no audit vacancies. Hall also discussed factors affecting fuel-tax revenue, including gas prices, crude oil forecasts, weather, tourism, GDP, and inflation, and said FY 2024 road toll revenue was $127.5 million, above plan, with FY 2025 projected at $127.71 million. The committee then turned to DMV-related revenues. Newbery said motor vehicle registration revenue was $93.1 million in FY 2024 and is projected at $90.4 million in FY 2025, with the state share going directly to the highway fund. Members asked about the state/town fee split, the five-year registration cycle dip, the distribution of registration revenue by vehicle weight category, and the impact of electric-vehicle surcharges; the department said the five-year dip is still occurring and will fade over time, and it would follow up on the weight-category breakdown. The presentation also noted that driver-license revenues have stabilized, inspection revenues remain steady, plea-by-mail revenue was added to the highway fund in FY 2024, and general fund revenues tied to the department are relatively small and have declined as some functions moved to OPLC. No votes or formal actions were taken.

Transcript Highlights:

• Uh let's go ahead and do the let's go with finance. We'll start with finance today.
• We'll start the let's go with finance.
• Uh we'll start with with finance today.
• go to calendar 42 out of finance 42. go to calendar 42 out of finance 42.
• Um, it helps with the financing.

Keywords: Senate streaming session for Tuesday, April 7, 2026, 960, senate, all

Summary: The Senate convened with an invocation by Rabbi Ari Goldstein, whose remarks were journalized at the request of the senator from District 33. The chamber then recognized the doctor of the day, Dr. Maryann Lamont, for her 50 years in medicine and her work in neurology and stroke care, and also thanked a legislative aide, Samantha Briggs, who is leaving for law school. The presiding officer noted a quorum was present and moved into the day’s floor work. The Senate handled several messages and committee reports, including a conference committee appointment on Senate Bill 18, which concerns provisional social work licensure. In Finance, the chamber advanced Senate Bill 246 on Health Services Cost Review Commission member terms, Senate Bill 370 on acupuncture board revisions, Senate Bill 564 creating a Division of Data Protection in the Attorney General’s office and a related work group, Senate Bill 782 on telecommunications infrastructure protections, Senate Bill 808 on health insurance provider panel requirements, Senate Bill 849 on agricultural equipment warranties, Senate Bill 867 on the Maryland Aerospace and Technology Commission, and Senate Bill 982 on mutual insurance holding companies converting back to mutual insurers. Most of these bills were reported favorably with technical or conforming amendments, which were adopted without objection, and each was ordered printed for third reading. The committee also considered several House bills with Senate cross-files or identical measures. These included House Bill 118 on money transmitter licensing, House Bills 339 and 512 on Anne Arundel County Board of License Commissioners compensation, House Bill 1100 on telecommunications infrastructure protections, House Bill 1395 on agricultural equipment warranties, House Bill 1473 creating Maryland’s Future Board, House Bill 226 on Department of Disabilities housing programs, House Bill 278 codifying the Longevity Ready Maryland plan, and House Bill 746 on collaborative care model coverage and cost-sharing limits. In each case, the committee reports were adopted, amendments were approved where offered, and the bills were advanced to third reading or passed for third reading, with no recorded opposition on the floor.

Transcript Highlights:

• I also serve on finance.
• How the spending occurs, we'll deal with when I'm over in Senate Finance and how the spending occurs.
• Our finance team goes over with the Brook finance team to make sure all the wagering is done correctly
• reconciliation every month our finance reconciliation every month our finance team<03:47:45.439>
• team goes over with the brook finance team goes over with the brook finance team<03:47:47.680>

Keywords: 928, house, all

Summary: The committee held a public hearing on SB 60, which would expressly authorize advanced deposit wagering for horse racing in New Hampshire and set the online tax rate at 1.25%, matching the existing rate for in-person horse betting at Seabrook and Belmont. Senator Tim Lang said the bill is intended to clarify that online horse betting is permitted, regulate the activity, and create a revenue stream while keeping the tax rate consistent with brick-and-mortar wagering. Members asked about the rate compared with other states, whether the bill was really about casino front money, and whether geofencing would apply; Lang and later witnesses said the bill is narrowly limited to parimutuel horse racing and would use geofencing to keep wagering within New Hampshire. Peter Bragdon, speaking for Churchill Downs, supported the bill and described advanced deposit wagering as remote betting on horse races under the Interstate Horse Racing Act of 1978. He said Churchill Downs and other operators have long been active in New Hampshire, but the state’s lack of a specific statute has created a gray area. Bragdon said Churchill Downs stopped its own New Hampshire online operations in 2022 after discussions with the Lottery Commission and attorney general, while competitors continued operating, and he framed the bill as a fairness and consumer-protection measure that would clarify the law going forward. He also said the bill would not affect historic horse racing machines and would not create cannibalization of charitable gaming. Lottery Director Charlie McIntyre said the Lottery Commission and attorney general had identified the issue as similar to the earlier fantasy sports situation, where legislation was used to regulate an activity rather than pursue enforcement. He said the commission requested the bill, would serve as the regulator, and would address violations through rulemaking and penalties. McIntyre said operators would maintain customer and transaction records, with the commission reviewing them as needed, and he noted that three operators are currently active in the state and not paying the proposed 1.25% rate. No vote was taken during the hearing.

Transcript Highlights:

• and and in done on the state finances and and in that<03:31:37.080> um<03:31:37.199> you
• It goes to the Finance Committee, and the Finance Committee deals with that."
• It goes to the Finance Committee, and the Finance Committee deals with that."
• <03:46:35.080> committee something that the um finance committee something that the um finance
• and and a subgroup of the finance and and a subgroup of the finance committee<03:47:15.199> members

Keywords: 1189, house, all

Summary: The committee received a Department of Revenue Administration update from Commissioner Lindsay Stepp focused on revenue estimates for fiscal years 2025, 2026, and 2027. She explained the department’s forecasting method, which uses five scenarios based on the first seven months of actual collections and different assumptions for the remaining months, then selects a reasonable high and low range for FY 25 and applies projected growth rates for FY 26 and FY 27. Members asked several clarifying questions about how the scenarios are chosen and how the estimates relate to economic growth and taxpayer behavior. For business taxes, Stepp reported FY 25 year-to-date collections of $110.3 million, 18.2% below plan and 17.2% below prior year. She said the shortfall reflects both economic conditions and a resetting of estimated payments after unusually strong pandemic-era profits, and noted that the department cannot fully separate changes in taxpayer liability from changes in estimated payment behavior. She said approximately just under $72 million was refunded in FY 24 due to the CCO cap, and that FY 25 year-to-date refunds are at 41.7%. For business taxes, the department’s FY 25 range was based on either continued underperformance versus plan or a return to prior-year levels, with FY 26 and FY 27 growth projected at 3% to 8%. The committee also reviewed meals and rooms tax, tobacco tax, and related trends. Meals and rooms revenue was $6.9 million, or 3.3%, ahead of plan and prior year; the FY 25 gross estimate was $475.894 million, with a net range of about $331.82 million to $335.259 million after municipal transfers and school building aid. Stepp said recent monthly results suggest some fluctuation tied to disposable income, weather, and travel patterns, but no clear sustained decline. Tobacco tax was $18.1 million, 14% below plan and 4.8% below prior year; she said cigarette stamp sales are declining while e-cigarettes and other tobacco products are growing, with FY 25 tobacco revenue projected at $182.5 million to $185.3 million and FY 26-FY 27 growth ranging from -5% to flat. No votes or formal actions were taken.

Transcript Highlights:

• program, we still would have to finance program, we still would have to finance um<00:58:14.400>
• finance finance about<01:13:35.679> some<01:13:35.920> of<01:13:36.000> those<01
• I'll come up with a better way finance.
• We are reconvening the Committee on Finance for budget briefings.
• <03:11:38.080> that all options to properly finance that all options to properly finance that

Keywords: 910, house, all

Transcript Highlights:

• Uh, and it isn't until the full Finance Committee hears it and votes before there's a finance position
• Whatever full Finance does then has to go to the House.
• Uh, and it the full finance committee.
• <00:03:04.000> committee isn't until the full finance committee isn't until the full finance
• members of the division in the finance members of the division in the finance committee.<02:30:55.080

Keywords: 928, house, all

Summary: The Division 3 work session focused largely on amendment 1176 to HB 2, which would have incorporated the substance of HB 548FN, a House-passed bill creating a direct-pay or membership-based model for health care facilities. Representative Mlan described the proposal as a way to increase competition in health care by extending the direct-care model used in primary care to facilities, arguing it could encourage innovation and that concerns about widespread harm to critical access hospitals were overstated. He pointed to Oklahoma’s long-standing Surgical Center model as evidence that the approach had not spread broadly or displaced hospitals there. Several members and witnesses raised concerns. Representative Stringham questioned whether the model would shift profitable services and patients away from existing hospitals, potentially worsening their finances and affecting Medicaid-related funding. David Ross, speaking for county nursing homes, opposed the language because it also removed moratoriums on nursing home, skilled nursing, inpatient rehabilitation, and self-pay beds, warning that it could increase pressure on Medicaid rates and undermine community-based care. Ben Bradley of the New Hampshire Hospital Association said the proposal appeared to create a separate regulatory framework for direct-pay facilities and raised concerns about patient safety, CMS participation rules, and a separate patient bill of rights. The chair concluded that, because HB 548 was already moving through the Senate, the HB 2 process was not the best vehicle for the policy and that the issue should be left to the Senate’s more deliberative committee process. Representative Ferski moved to not accept or remove amendment 1176 from the agenda, and the committee approved the motion by roll call, 9-0, withdrawing the item from HB 2.

Transcript Highlights:

• and reviewed proposed procurement law rule changes from the Office of State Procurement, methods of finance
• when reviewed proposed procurement law rule changes from the Office of State Procurement, methods of finance
• , discretionary grants, RFQ, request. the Office of State Procurement, Methods of Finance, Discretionary

Summary: The Arkansas Legislative Council met and first adopted the previous meeting minutes, then honored Lori McDonald of the Department of Human Services for nearly 28 years of state service. Members read a resolution recognizing her legislative, constituent, and leadership work at DHS, and the council adopted it unanimously. McDonald thanked members for their support, and the Senate also presented her with a citation, a flag flown over the Capitol, and a commemorative coin. The council then received the May 2026 revenue report, which showed gross adjusted collections of $7.76 billion year-to-date, up 4.4% from the prior year, and net available for distribution of $6.36 billion. The Bureau of Legislative Research noted collections were running above last year and that the updated forecast reflected a surplus. The Executive Subcommittee report was adopted after members were told it had approved captive insurance premiums and deductibles, a claims administration contract, emergency DHS rules, waiver requests, committee fund allocations, and the cancellation of the regular July ALC meeting in favor of only meeting for urgent matters. Several subcommittee reports were then adopted, including Administrative Rules, Game and Fish and State Police, Hospital/Medicaid/Developmental Disabilities, Lottery Oversight, Occupational Licensing Review, Peer Review, Review, State Insurance Programs Oversight, and Personnel. During the Administrative Rules discussion, members questioned the Department of Education about delays and vendor performance under the ClassWallet contract; department officials said they were meeting regularly with the vendor, keeping expense review in-house, and would consider other options if needed. In Personnel, the Department of Commerce clarified that a reallocation request was part of a broader departmental realignment and shared services move, not the Arkansas Workforce Connection waiver. The council also reviewed and took action on several communications, including filing retirement system investment summaries as reviewed, approving rural community grant funding, giving favorable advice for state park acquisitions/expansion, approving special maintenance funding for state parks, and filing proposed Office of State Technology service rates as reviewed before adjourning.

Transcript Highlights:

• and reviewed proposed procurement law rule changes from the Office of State Procurement, methods of finance
• when reviewed proposed procurement law rule changes from the Office of State Procurement, methods of finance
• , discretionary grants, RFQ, request. the Office of State Procurement, Methods of Finance, Discretionary

Keywords: 1204, all

Transcript Highlights:

• While the Department of Finance tracks the cost of those programs, tax credits created before 2014 do
• In 2025-26, the Department of Finance reports that there were... SB 1349.
• In 2025-26, the Department of Finance reports that there were about $94 billion in estimated general

Keywords: 988, house, all

Transcript Highlights:

• increase, increase, and of course, if the bill moves forward, it will still have to go to Senate Finance
• $30,000... ...a year, all you need is four people to hit over $100,000, which is really the Senate Finance
• increase, excuse me, any increase in expenditures over $100,000, then you get referred to Senate Finance

Bills: HB17, HB21, HB24, HB41, HB42, HB45, HB1134, HB1237

Keywords: HB 17, District Attorneys' Retirement System, retirement system, reemployed retiree, reemployment, supplemental retirement benefit, service credit, benefit suspension, public retirement, district attorney, assistant district attorney, Louisiana District Attorneys' Association, employer reporting, annual report, retirement benefits, state employees, local funds, state funds, Municipal Employees' Retirement System, part-time retirees

Transcript Highlights:

• And, of course, if the bill moves forward, it will still have to go to Senate Finance, which they're
• $30,000... ...a year, all you need is four people to hit over $100,000, which is really the Senate Finance
• increase, excuse me, any increase in expenditures over $100,000, then you get referred to Senate Finance

Summary: The Senate Committee on Retirement met on May 5 with four members present. HB 41 was deferred until the following week, and the committee approved the April 20, 2026 minutes. The committee then took up several retirement-system bills, many of them negotiated measures involving municipal police, firefighters, teachers, district attorneys, and judges. HB 45, by Rep. Bacallat, was amended and reported favorably. It makes changes to the Municipal Police Employees Retirement System, including retention bonuses, recognition of out-of-state police service, benefits for three officers killed in the line of duty before full enrollment, a DROP fix, and more competitive accrual rates. Testimony from the Louisiana Municipal Association, MEPERS, police representatives, and Mayor Helena Marino was strongly supportive, emphasizing that the bill resolves longstanding disputes and litigation. HB 1237, also by Rep. Bacallat, was reported favorably after testimony that it eliminates partial dissolution penalties for municipal police and adjusts related firefighter provisions; witnesses said it was a negotiated fix supported by municipal and fire stakeholders. HB 42, concerning phased retirement in the Teacher Retirement System, was reported favorably as a permissive framework allowing universities to offer phased retirement options. HB 17, by the District Attorneys’ Retirement System director, was reported favorably to add the Louisiana District Attorneys Association to the definition of employer and require annual reporting on the rehire statute. HB 21, a cleanup bill for the Municipal Employees Retirement System, was also reported favorably. HB 1134, creating a backdrop retirement option for certain judges whose positions are abolished, was amended and reported favorably after LASERS raised questions about early retirement eligibility and the need to bar future judicial candidacy. HB 24, by Rep. Owen, drew the most discussion. It would allow retired or certified teachers to return to work through contracts with school systems, with a three-year sunset. The sponsor argued it would help keep qualified teachers in classrooms and avoid midyear departures, while TRSL, the Louisiana School Board Association, and committee members raised concerns about fiscal impact, contractor status, workers’ compensation, leave rules, and overlap with a separate bill being worked on by the chairman. After an amendment clarifying the independent-contractor definition was adopted, the committee chose to hold the bill in committee for further work rather than advance it immediately. The meeting ended with a motion to adjourn.