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.

Transcript Highlights:

• Uh, financial planning program.
• Uh financial planning program. Okay. Uh financial planning program.
• </c><00:09:16.320><c> planning</c> part in the certified financial planning part in the certified financial
• </c><00:09:26.320><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<00:09:47.279><c> tools.

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: 01:08:10, 958, all

Summary: The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants. Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation. TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear. Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.

Bills: S1182 , S1594

Committee: Senate Military and Veterans Affairs, Space, and Domestic Security

Keywords: veterans, military spouses, business incentives, tax exemptions, economic development, veteran benefits, minor clients, financial assistance, education services, Department of Children and Families, Department of Health

Summary: The Senate Committee on Military, Veterans Affairs, Space, and Domestic Security met with a quorum present and took up two bills. SB 1594, by Senator Gates, would change how veterans’ benefits received on behalf of foster youth are handled so the funds are not used to offset foster care costs, but instead are preserved for post-secondary education or aftercare services when the youth leaves foster care. The bill drew one supportive appearance from Victoria Zep of Family Support Services, had no debate, and was reported favorably by a unanimous roll call vote. Senator Sharief later asked to be recorded as a yes vote on the bill. The committee then considered SB 1182, by Senator Jones, which creates the Florida Veterans and Military Spouses Business Development Act to provide fee relief and tax incentives for veteran-owned and military spouse-owned businesses. The committee adopted Jones’s strike-all amendment, which added information-sharing and verification provisions, refined the tax exemptions, and broadened eligibility for fee waivers and sales tax relief. After no questions or debate, the amended bill was reported favorably by unanimous vote. The committee also held a confirmation hearing for three appointees—Matthew Bacchano, Tim Thomas, and Belinda Kaiser—and recommended confirmation on all three in one vote. The meeting concluded with several members offering remarks praising Chair Wright’s long service and leadership on veterans’ issues, followed by adjournment.

Transcript Highlights:

• So this bill was one of the interim topics for the select committee on blockchain, financial technology
• blockchain,</c> for the select committee on blockchain, for the select committee on blockchain, financial
• <00:01:24.320><c> technology</c><00:01:24.799><c> and</c><00:01:25.040><c> digital</c> financial technology
• and digital financial technology and digital technology.<00:01:26.400><c> Um</c><00:01:26.720><c> it

Bills: SF0052 , SF0024

Committee: House Travel, Recreation, Wildlife & Cultural Resources

Keywords: wildlife management, environmental restoration, funding, invasive species, aquatic ecosystems, native fish, habitat conservation, lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all

Bills: SF0052 , SF0024

Committee: Senate Travel, Recreation, Wildlife & Cultural Resources

Keywords: wildlife management, environmental restoration, funding, invasive species, aquatic ecosystems, native fish, habitat conservation, lottery, debit card payments, gambling regulations, state revenue, financial transactions, 916, all

Bills: SB5223 , SB5286 , SB6002 , SB6178 , SB5892 , SB5177 , SB6039 , SB5874 , SB5863 , SB5972 , SB5941 , SB5203 , SB6014 , SB5993 , SB5831 , SB5928 , SB5912 , SB5825 , SB5223 , SB6178 , SB5892 , SB5177 , SB6039 , SB5941 , SB5993 , SB5831 , SB5928 , SB5912 , SB6183 , SB6071 , SB5995 , SB5966 , SB5841 , SB5840 , SB6061 , SB6058 , SB5931 , SB5944 , SB5520 , SB6011 , SB6087 , SB6076 , SB5916 , SB6016 , SB5936 , SB6137 , SB5185 , SB5956 , SB6025 , SB6009 , SB5833 , SB6161 , SB6188 , SB5890 , SB5917 , SB5820 , SB5973 , SJM8015 , SB5816 , SB6136 , SB6091 , SB6024

Keywords: criminal offense, fingerprinting, law enforcement, state regulations, public safety, policing costs, state hospitals, local funding, budget allocation, automated license plate reader, ALPR, license plate recognition, LPR, surveillance, driver privacy, vehicle tracking, location data, law enforcement technology, data retention, audit trail

Bills: HB517 , HB98 , HB235 , HB236 , HB237 , HB238 , HB239 , HB240 , HB241 , HB242 , HB565 , HB517 , HB98 , HB235 , HB236 , HB237 , HB238 , HB239 , HB240 , HB241 , HB242 , HB565 , SB380

Committee: Senate Finance and Taxation Education

Keywords: underground damage prevention, one-call notification system, utility locating, excavation safety, dig safe, call before you dig, 811, utility lines, underground utilities, pipeline safety, gas pipeline, electric utility, telecommunications, water utility, wastewater, cable television, locate request, premark, tolerance zone, positive response

Bills: HB1710 , HB2124 , HB2125 , HB2179

Committee: House Appropriations

Keywords: Washington Voting Rights Act, voting rights, election law, preclearance, Attorney General review, local government, county redistricting, districting, ward boundaries, at-large elections, language minority, language access, voter dilution, racial discrimination, protected class, consent decree, settlement, covered jurisdiction, covered policy, RCW Title 29A

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=I774i4sKRiE, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, Reupload Meeting Start: 00:00:00 Attendance Roll Call: 00:00:20 Recognition of special guest: 00:00:55 Approval of the July 20, 2023 minutes: 00:01:20 School Administrators Perspective on Financial Aid: 00:01:40 Colleges and Universities Perspective on Financial Aid: 00:28:45 Next meeting: Thursday, September 21, 2023: 01:00:14, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• The bill before you, Second Substitute Senate Bill 5292,... ...maintain a financial reserve to cover
• Second Substitute Bill 5847 is the bill that relates to access to medical care in the workers' compensation
• the Department of Labor and Industries to publish the actuarial indicated rate for each workers' compensation
• And annual published actuarial indicated rates for each workers' compensation risk classification as
• And Ellen and I must publish the actuarial indicated rates for each worker compensation risk classification

Bills: SB6134 , SB6136 , SB6188

Committee: House Labor & Workplace Standards

Keywords: unemployment insurance, UI benefits, striking workers, strike, labor dispute, retroactive wages, overpayment assessment, overpayment recovery, Employment Security Department, ESD, claimant notice, benefit recoupment, Washington unemployment law, worker notice, federal unemployment tax credit, state unemployment fund, workers' compensation, industrial insurance, premium rates, rate transparency

Transcript Highlights:

• The 75% makes more of a financial ask of our providers and incentive for them to build in these remote
• makes</c><00:09:49.360><c> more</c><00:09:49.760><c> of</c><00:09:50.000><c> a</c><00:09:50.240><c> financial
• /c><00:09:51.600><c> uh</c><00:09:51.920><c> ask</c><00:09:52.399><c> of</c> 75% makes more of a financial
• uh ask of 75% makes more of a financial uh ask of our<00:09:53.519><c> uh</c><00:09:53.760><c> providers
• And the last I heard from the department was about 20 producers have filed to be compensated because

Bills: HF3508 , HF3548 , HF3549

Committee: House Agriculture Finance and Policy

Keywords: dairy assistance, agriculture, investment, relief initiative, farm support, farm assistance, down payment, state funding, loan modification, grain indemnity, financial security, crop insurance, Minnesota agriculture, 1183, house

Bills: SB200 , SB206 , SB200 , SB206

Committee: Senate State Governmental Affairs

Keywords: accountability courts, drug offenders, mental health, substance abuse, veterans, court reform, recidivism reduction, treatment programs, veterans benefits, advising, deceptive trade practices, accreditation, compensation, minority affairs, civic engagement, Alabama office, community outreach, government affairs, codification, laws

Transcript Highlights:

• So, on this one, we have the livestock compensation fund, and this one's really aimed at compensating
• So, on this one, we have the livestock compensation fund, and this one's really aimed at compensating
• both compensation for direct depredations and avoidance... ...both compensation for direct depredations
• There is also a compensation program through the Farm Services Administration.
• For compensation in the livestock area. So with that, I vote aye. Thank you all.

Bills: HB2155 , HB2156 , HB2162 , HB2762 , HB2791

Committee: House Land, Agriculture & Rural Affairs

Keywords: Arizona Beef Council, agriculture, market development, beef products, terminating council, livestock, compensation, funding, ranching, game and fish commission, wildlife, appointment, commission membership, Arizona Revised Statutes, food labeling, cultivated cells, cell-cultured products, consumer information, food safety, cell-cultured protein

Transcript Highlights:

• aligned with institutional satisfactory academic progress standards as already defined for federal financial
• I'm not sure if I'm prepared to support it just because of the financial change that it may bring to
• cap to the tuition increases, you know, by sending a benchmark, but would want to evaluate the financials

Bills: SF0018 , SF0036 , SF0047

Committee: House Education

Keywords: K-12 education, part-time attendance, public schools, student enrollment, education funding, scholarship, Hathaway, academic eligibility, financial aid, Hathaway scholarship, education, state funding, college access, 916, all

Bills: HB 43 , HB 3364 , HB 3469 , HB 3479

Committee: House Agriculture & Livestock

Keywords: agriculture, finance, young farmers, financial assistance, pest control, nuisance birds, local governance, regulation, outdoor activities, public safety, Rio Grande, vegetation management, border security, environmental regulation, Carrizo cane

Bills: HB214 , HB217 , HB514 , HB593 , HB618 , HB732 , HB908 , HB961 , HB1010

Committee: Senate Revenue & Fiscal Affairs

Keywords: property tax, blighted properties, urban rehabilitation, tax exemption, local government, financial incentives, blighted property, derelict property, property tax exemption, local redevelopment plans, rehabilitation standards, ad valorem tax, community development, senior citizens, homestead exemption, Louisiana Constitution, motor vehicles, local fees, transaction fees, funding

Transcript Highlights:

• New York and New Jersey ultimately backed off those specific financial transaction tax proposals.
• Any additional tax on financial transactions, whether on transfer. securities or processing trades would
• Imposing a financial transaction. tax would undermine this tradition and could negatively affect our
• growing economy by deterring investment and financial services sector innovation.
• On their neck back in the up in the. in the operations on every financial transaction.

Bills: SB1211 , SB1574 , SB2774 , SB2873 , SB2900 , HJR4

Committee: Senate Finance

Keywords: hydraulic fracturing, sales tax exemption, oil and gas, environmental impact, water reuse, justice, judicial council, centers of excellence, court operations, recognition program, franchise tax, retail trade, tax classification, business regulation, economic impact, SB 2873, Texas Tax Code, electronic filing, e-filing, tax reports

Transcript Highlights:

• information and investigate allegations of workers' compensation fraud.
• Right now, workers' compensation fraud is not a small problem.
• financial institutions like member-owned credit unions competitive.
• Owning that property was meaningful to her emotionally and financially.
• We have worked with the Department of Insurance and Financial Institutions.

Bills: HB2128 , HB2255 , HB2397 , HB2429 , HB2591 , HB2680 , HB2834 , HB2868 , HB2911 , HB2951 , HB2979 , HB2991 , HB2996 , HB2999 , HB4001 , HB4011 , HB4017 , HB4020 , HB4026 , HB4086 , HB4088 , HB2244 , HB2342

Committee: House Commerce

Keywords: homeowners associations, condominiums, open meetings, governance, transparency, Arizona Teachers Academy, teacher preparation, education funding, public schools, scholarships, teacher certification, community colleges, HOA, homeowners association, planned community, condominium, CC&Rs, covenants, conditions and restrictions, resale disclosure, association disclosure

Bills: SB15 , SB9 , SB7 , SB1 , SB2 , SB67 , SB15 , SB9 , SB7

Keywords: real property, fraud, theft, elderly, disabled, statute of limitations, criminal offense, property rights, property tax, ad valorem tax, voter-approval tax rate, no-new-revenue tax rate, tax rate calculation, Tax Code, local government finance, municipality, county, special taxing unit, sales and use tax, property tax cap