Video & Transcript Research : 'surplus lines'
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MN
Minnesota 2025 1st Special Session
House Republican Media Availability following adjournment of 2025 session 5/19/25
Minnesota House Floor Meeting
Transcript Highlights:
- Some Democrats have suggested, maybe without going so far as saying it, that this was like your line
- House Republicans were very dug in in the fact that we know $18 billion of surplus was spent over the
- :16.640>
You <00:09:16.880>were <00:09:17.040>willing <00:09:17.200>to line - You were willing to line in the sand.
- <00:09:29.519>
was that we know $18 billion of surplus was that we know $18 billion of surplus
FL
Florida 2026 Regular Session
FL House Floor Session - 2026-03-04 (10:00AM Session)
Florida House Floor Meeting
Transcript Highlights:
- insurers, and then when appropriate for approved surplus lines insurers.
- Citizens, the commercial surplus lines clearinghouse must be separately operated and funded.
- lines review through the surplus lines clearinghouse before Citizens can quote or bind.
- And just for a clarification, OIR has the full authority to regulate surplus lines, correct?
- Senator Gruters: This bill is specifically regarding the surplus lines clearinghouse.
Summary:
The Senate opened with prayer, the Pledge of Allegiance, introductions, and a moment of silence honoring service members killed in the conflict in Iran, including Florida native Captain Cody Cork. The chamber then moved through a special order calendar, taking up several bills on education, public safety, insurance, health, and local government policy. Many measures were accompanied by sponsor explanations and supportive remarks from members, often emphasizing constituent impacts, public safety, and administrative efficiency.
The first major bill, SB 1062 on speech and debate education, was expanded through a delete-all amendment and passed 37-0 after extensive floor debate praising debate programs as a civic and educational tool. SB 1072 created an anti-Semitism task force in the Attorney General’s Office; an amendment clarified that criticism of Israel is not prohibited, and the bill passed 37-0. SB 1230/HB 1019 addressed PFAS “forever chemicals,” especially in firefighting foam, with phase-outs, testing, enforcement, and exceptions for certain federal, military, and emergency uses; it also passed 37-0 and was dedicated in memory of former firefighter Joe Casello. SB 1706 expanded the My Safe Florida Condominium Pilot Program with tighter eligibility rules, and SB 186 required broader seizure-response training and seizure action plans in schools; both passed unanimously.
The Senate also approved SB 598 updating funeral and cemetery regulation, SB 990 authorizing protected cell captive insurance companies, SB 554 modernizing nonprofit corporation law, SB 560 streamlining foster care medication and oversight procedures, SB 684 easing electronic signature requirements for total-loss vehicle and vessel titles, and SB 778 revising forensic client services for certain defendants with intellectual disabilities or autism. Several bills were temporarily postponed, including SB 432, SB 928, and SB 620. Most of these measures passed by votes of 36-0 or 37-0 after brief debate or no debate.
The most contentious item was SB 1134 on official actions of local governments related to DEI. The sponsor argued the bill would stop taxpayer funding and promotion of discriminatory or indoctrinating DEI practices, citing examples from several counties and cities. Multiple amendments sought to narrow penalties, protect good-faith officials, and preserve local proclamations and observances, including LGBTQ Pride Month and other cultural events, but those amendments were rejected. Debate centered on vagueness, local discretion, and whether the bill would chill legitimate government activity. The transcript cuts off during questioning on the underlying bill, before final disposition is shown.
MN
Transcript Highlights:
- <00:10:41.720>
a bium which ends with with a surplus a bium which ends with with a surplus - below the tax revenue line.
- So if we had stuck to this original trend line, we would likely be talking about over $2 billion surplus
- February forecast the spending line February forecast the spending line which<00:15:10.199>
is - So the spending line, which is the red line, is consistently above the collected revenues line, again
Summary:
The Ways and Means Committee began with member and staff introductions, including several new members and committee staff. Representative Zach Stevenson, the DFL lead, objected to the day’s presentation, saying he was disappointed the committee was starting with a group he viewed as aligned with Republicans rather than a nonpartisan budget presentation. The chair responded that the committee had a bipartisan agreement and that hearing a different perspective was appropriate. The committee then proceeded to a presentation from economists with the Center of the American Experiment, with questions held until the end.
The presentation focused on Minnesota’s budget outlook, arguing that the state faces a structural imbalance and a projected $5.14 billion deficit in the 2028-29 biennium. The presenters said spending has outpaced revenues, highlighted a large increase in general fund spending since 2023, and argued that inflation-adjusted per-capita spending remains above pre-2024 levels through the forecast period. They said the biggest growth areas are E-12 education and especially Health and Human Services, with HHS projected to become the largest budget category and much of its growth tied to Medicaid and long-term care waivers.
The presenters also argued Minnesota spends more than most states on welfare and Medicaid, citing comparisons showing the state near the top nationally in spending per person in poverty and in several Medicaid categories. They said some of the HHS growth reflects policy changes from the 2023 session, while other pressures come from enrollment growth, health care prices, federal debt, and an aging population. No votes or formal committee actions were taken during the portion of the meeting shown.
WA
Washington 2025-2026 Regular Session
Legislative Ethics Board Jun 8th, 2026
Transcript Highlights:
- Every legislator has the ability to donate their campaign surplus accounts.
- What does the last line say? Please do not execute until we talk.
- , the campaign surplus funds.
- We should return it to the surplus, the campaign surplus funds.
- I just didn't know if you were going to line up another witness in the meantime.
Summary:
The hearing opened in a Washington State Office of Administrative Hearings matter involving Legislative Ethics Board complaint 2025-5 against Representative Tara Simmons. The ALJ outlined the process, the issues on appeal, and the burden of proof, which centered on whether Simmons violated the Ethics Act by using her legislative position for others’ benefit and by holding outside employment that conflicted with her duties, and what sanction would be appropriate. Several exhibits were admitted by stipulation or without objection, while Exhibit 2 was initially held for later ruling but was ultimately admitted after testimony from the witness who prepared it. The board also granted a motion to sequester witnesses and took under advisement a motion to exclude three defense witnesses until after the staff case-in-chief.
In opening statements, board staff alleged Simmons violated RCW 42.52.020 and RCW 42.52.070 by sponsoring a proviso that benefited her outside employer, Equity and Education Coalition (EEC), by using campaign surplus funds to help hire a friend, by intervening in a dispute over the proviso-funded work, and by sending text messages to influence others. Staff said it would seek penalties of up to $5,000 per violation plus costs. Defense counsel argued the allegations were technical ethics issues, denied Simmons profited personally, and contended the proviso funding her employer was permitted under prior board guidance; counsel also argued the campaign donation and later contract dispute were lawful and context-dependent.
The first witness, Kimberly Gordon of American Equity and Justice Group (AEJG), testified that AEJG received state proviso funding and donations from Simmons, including $10,000 and later $40,000, which Gordon said were intended to fund the hiring of Antoine Coleman, Simmons’s romantic partner. Gordon said AEJG returned the donations and terminated Coleman after learning of the relationship and potential conflict of interest. She also testified about a later 2024 proviso involving EEC, a subcontract between AEJG and EEC, and a dispute over EEC’s performance under that subcontract. Gordon said AEJG raised concerns with the Administrative Office of the Courts, met with contract manager Chris Stanley, and ultimately rewrote the subcontract after Stanley, allegedly after speaking with Simmons, directed them to do so. The hearing then recessed for lunch, and cross-examination of Gordon was set to continue afterward.
FL
Florida 2025 Regular Session
October 8, 2025 - 01:00 PM
Transcript Highlights:
- Meyer: WE ARE HAPPY TO FOLLOW UP AND TALK WITH YOU OFF-LINE ON THIS.
- MY DIRECT LINE AND MY EMAIL IS ON THE WEBSITE AND LET ME TELL YOU, EVERY DAY THERE ISN'T A DAY THAT'S
- SO WHAT WE'RE LOOKING TO DO IS TO INCREASE TRAINING FOR OUR FRONT-LINE TROOPS.
- LET OUR FRONT-LINE PEOPLE DEALING WITH THE FAMILIES BE ABLE TO ASSIST THEM EVEN FURTHER THAN THEY DO
- THEN WE ARE LOOKING AT OKAY, HOW MANY PEOPLE CAN WE SERVE USING THAT SURPLUS RECURRING MONEY.
FL
Transcript Highlights:
- Delete lines 541. That's what I said.
- Between line 645 and 646, insert amendment.
- Between line 645 and 646 and insert amendment.
- It was on line 25 in the main amendment.
- Delete line 54 and insert amendment.
Summary:
The Senate convened with an opening prayer, pledge, and a series of introductions recognizing guests, visiting groups, and special honorees in the galleries. The chamber then took up committee and executive appointment business, adopting a report confirming 42 gubernatorial appointments by a vote of 36-0.
The Senate next considered a long special-order calendar of bills, most of them passing with little or no opposition. Measures included public-records sunset reviews and trade secret/cybersecurity exemptions; a child-abuse reporting statute of limitations bill; commercial driving school oversight; human trafficking training for nurses; a new injunction for protection against serious violence and its related public-records exemption; nature-based coastal resiliency and mangrove protection; a chiropractic trust-funds cap repeal; specialty license plates; a waiver of late financial disclosure fines; public school personnel compensation; the Florida Farm Bill with multiple agriculture, biosolids, and enforcement provisions; homestead exemption clarification for long-term leases; disability presumption clarifications for first responders; reinsurance intermediary manager conformity; patriotic displays in public schools; ADS-B aviation fee restrictions; autism-related law enforcement training and the Blue Envelope program; campus safety reporting procedures for public postsecondary institutions; and veterinary prescription disclosure. Several bills were temporarily postponed, including local vessel restrictions, temporary critical-need practice certificates, and domestic animals.
The floor debate featured the most discussion on the farm bill, the HCSM/nonprofit religious organizations bill, the autism law-enforcement bill, and the school athletics bill. The HCSM bill drew extended debate over whether licensed insurance agents should be allowed to market faith-based health care sharing ministries, with supporters emphasizing consumer choice, free speech, and religious liberty, and opponents warning about unregulated products and commissions; it passed 32-5. The athletics bill, prompted by the Teddy Bridgewater/Miami Northwestern situation, would let coaches provide good-faith support to student-athletes while requiring reporting and FHSAA oversight; it passed 38-0. Most other measures passed overwhelmingly, including the autism bill 38-0, the campus safety bill 37-0, the public school patriotic displays bill 36-2, and the farm bill 38-0 after amendments addressing Everglades lands and biosolids timing were adopted.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Higher Education Jun 21st, 2026 at 01:00 pm
Joint Committee on Higher Education
Transcript Highlights:
- Do you think this will help, if we pass this, hold the line on tuition and fees or cost, because the
- I have a question on the decamp process of surplus in property that we'll send over.
- more... ...work to do, to the Representative's question about needing to not be 10 years down the line
- prop, ...about two things: just weedy questions on the decam surplus property process and how that's
- land available or surplus buildings available on some of these campuses.
Summary:
The Joint Committee on Higher Education held its second public hearing of the 194th General Court on capital investments in higher education, focusing primarily on H.54, the Bright Act, along with H.1426/S.949 on green and healthy public colleges and universities and deferred maintenance, and H.1424 on capital investment in Gateway Cities. Chairs and administration officials framed the hearing as a response to aging campus infrastructure, climate goals, workforce needs, and federal pressures on higher education, and explained that testimony would be taken from pre-registered speakers in person and virtually.
University of Massachusetts leaders strongly supported the Bright Act, describing large deferred maintenance backlogs, aging buildings, and the need to decarbonize campuses while modernizing research and teaching facilities. UMass officials said the bill would help keep tuition and fees lower by reducing the need for campuses to finance capital work themselves, and argued that the investments would improve competitiveness, support research, and create construction jobs. Governor Healey, Lieutenant Governor Driscoll, Secretary of Education Tuttweiler, and Secretary of Administration and Finance Gorzkowicz also backed the bill, saying it would leverage Fair Share surtax revenues for a proposed $2.5 billion in campus investments plus additional targeted grants, and that it would support affordability, economic growth, and climate resilience.
Committee members asked about the balance between deferred maintenance and decarbonization, the role of grant programs versus direct spending, the impact on tuition and fees, and how the plan would help campuses respond to federal cuts such as NIH and NSF funding. Administration officials said the proposal was designed to be phased in quickly, with some projects ready to start immediately and others taking longer, and that the grant programs would be structured to include all campuses equitably. They also said the plan would build on an existing financing model similar to the Commonwealth Transportation Fund and could help campuses avoid future tuition increases tied to capital costs.
Additional testimony came from MassBay Community College, where President David Podell and recent nursing graduate Deanna Cavazos described the benefits of a new Framingham campus building and said community colleges need modern labs, better planning capacity, and deferred maintenance support to serve the enrollment growth from MassReconnect and MassEducate. State university leaders, including President Mary Grant, President Linda Thompson, and President John Keenan, said their campuses face outdated classrooms, insufficient electrical capacity, and aging facilities, and urged passage of the Bright Act as a long-overdue investment in student success and workforce preparation.
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (05/07/2025)
Transcript Highlights:
- So bottom line is, you know, too. Yeah.
- So those reserve levels went up into the surplus range.
- So those reserve levels went up into the surplus range.
- amounts of money that were surplus. amounts of money that were surplus.
- The issue has always been surplus. Yeah.
Summary:
The committee took up several insurance-related bills. Senate Bill 47, concerning health insurance policies related to the birth of the mother, was moved ought to pass with no amendments and was approved on a 6-0 vote. Senate Bill 121, dealing with Medicare Advantage plan notice requirements, was amended to reduce the required notice from 120 days to 90 days and to remove a federal citation; the department said the change was to avoid conflict with federal notice rules. After discussion about the stress caused when carriers leave the Medicare Advantage market, the committee voted ought to pass as amended, 7-0.
The committee then heard a detailed explanation of the continuing care retirement communities bill, described by the Insurance Department as a rewrite of a 1989 law to modernize oversight, require quarterly financial reporting as an early warning system, create a bill of rights for residents, and clarify issues such as entrance fees and removal of dangerous residents. A member recalled the bill’s original purpose as protecting solvency because residents pay substantial upfront fees. The bill was moved ought to pass and approved unanimously, 7-0.
The final major discussion concerned a pooled risk organizations bill. Members debated whether oversight should remain with the Secretary of State or be moved to the Insurance Department. Supporters of moving it argued the issue is solvency, citing concerns about reserve levels, prior insolvencies, and the Insurance Department’s expertise. Opponents said the Secretary of State’s office had historically overseen the entities and that the bill would fundamentally change how they operate. A straw vote favored an amendment, but the committee ultimately voted to retain the bill for further work, with plans to revisit it later in the session.
AR
Transcript Highlights:
- But until it’s a done deal, the money stays in the state surplus.
- The money stays in the state surplus, the current surplus that we’re in.
- What is the surplus? All right. The current year? Yes.
- And then we've got $300 million already this year in our projected surplus.
- I respect what Representative Ray was saying about the handouts and things along those lines.
FL
Florida 2026 Regular Session
Children, Families, and Elder Affairs Jan 12th, 2026
Children, Families, and Elder Affairs
Transcript Highlights:
- As we go forward, do we anticipate having a separate categorical or a line item to address this?
- Are you going to have, again, a separate line item as we used to have with risk pool, or what are you
- So we're taking those surplus balances of like $35 million, $36 million, that's here, and applying it
- balances due to census growths, has created in level one in childcare surplus balances due to census
- The only thing it does not do, when we mentioned in the report, it lines up all the different actuarial
Keywords:
child protection, medical records, investigation, abuse, neglect, healthcare, Child Protection Team, diagnosis, Alzheimer's disease, Alzheimers, dementia, related dementias, brain health, early detection, caregiver support, elderly affairs, Department of Elderly Affairs, Department of Health, public health outreach, memory loss
Summary:
The committee met with a quorum and first heard SB 624, which would codify DCF’s current practice of allowing batterers intervention programs to offer supplemental faith-based activities so long as participation is voluntary. The bill drew support from faith-based and family organizations, which argued it would restore access to effective rehabilitation options and remove discriminatory barriers. SB 624 was reported favorably after a roll call vote.
The committee then heard SB 42, which would require child protective investigators and child protection teams to rely on qualified medical professionals when a child has a documented pre-existing diagnosis or when a parent requests an exam, and would require clearer notice to parents and custodians at the start of an investigation. Testimony overwhelmingly came from parents, advocates, and disability rights representatives describing cases in which medically complex children were allegedly misdiagnosed as abuse victims and families were separated unnecessarily. Members expressed sympathy and support, and SB 42 was reported favorably.
Next, the committee considered CS/SB 578, creating an Alzheimer’s disease awareness initiative within the Department of Elder Affairs to promote early detection, brain health education, research updates, and clinical trial awareness, with outreach focused on older adults and at-risk populations. An amendment was adopted to place the campaign within the Alzheimer’s Disease Initiative. A caregiver testified about the need for public education and early diagnosis, and the bill was reported favorably.
The committee also took up SPB 7018, a committee bill on child welfare that would extend the definition of “visitor” for foster homes to reduce repeated background checks, make the Step Into Success foster youth workforce pilot permanent and statewide, and create a program through the Florida Institute for Child Welfare to catalog best practices among community-based care lead agencies. The bill was approved as a committee bill and reported favorably. Finally, the Department of Children and Families presented its 2025-26 final funding methodology and rates report for community-based care. Members questioned the proposed tiered model, including insurance costs, risk corridors, prevention funding, performance measures, and regional funding disparities. No vote was taken on the presentation, but members discussed the possible need for follow-up legislation and additional stakeholder input.
NM
New Mexico 2025 Regular Session
House - Appropriations and Finance Jan 22nd, 2025
House Appropriations & Finance
Transcript Highlights:
- Which is when these lines, the blue line and the black line, are farther apart.
- And so that difference, that remainder, is something of a surplus.
- So, then what you're saying is this, um, red line is an accounting change? Mr.
- This is our roller coaster: general fund revenue, the black line is.
- How do we push that out and spread this surplus out over time?
WA
Washington 2025-2026 Regular Session
Legislative Ethics Board Jun 9th, 2026
Transcript Highlights:
- He would say something along the lines of, 'Yes, I got to modify it.
- And I said, absolutely, the integrity of the organization that I found it is on the line.
- know, was lined up with being paid out of a state budget from the Office of Civil Legal Aid.
- ..out of my campaign surplus to my friend to help his organization and help another friend.
- I don't—I've never given surplus funds to EEC. I'm sorry, to AEJG. Specifically to AEJG, no.
Summary:
The hearing resumed in the Legislative Ethics Board matter involving Tara Simmons after the board confirmed no ex parte communications had occurred overnight. Respondent’s counsel moved to dismiss two allegations at the close of the board staff’s case: that Simmons pressured the Administrative Office of the Courts to alter a contract in favor of her employer, and that she violated ethics rules by combining legislative support for AEJG with a personal donation to the organization. Board staff opposed the motion, arguing the evidence showed Simmons’s legislative and personal dealings were intertwined. After a recess for deliberation, the board denied the motion to dismiss, and the hearing moved into the defense case.
The first defense witness was Sharon Navas, executive director of the Equity and Education Coalition (EEC). Navas testified that she met Simmons in 2018, later hired her, and took steps to separate Simmons’s legislative duties from her work for EEC. She said Simmons was never paid for lobbying or legislative acts, that her compensation came from unrestricted funds, and that the organization used written ethics-compliance language and a formal scope of work. Navas also described the proviso-funded dashboard project involving Anthony Powers and Chris Stanley, testifying that Simmons was not involved in the project’s day-to-day work, did not attend the meetings about the dispute, and was not part of the alleged contract disagreement. On cross-examination, staff focused on the contract documents, the dashboard work, and whether the scope of work matched the parties’ understanding.
Tara Simmons then testified in her own defense. She described her background, legislative career, disability accommodations, and extensive efforts to seek ethics guidance from House counsel and board-related materials before taking outside employment or supporting provisos. She said she relied on prior ethics advice when separating her legislative role from outside work and when seeking provisos for AEJG and EEC. Simmons also addressed her relationship with Anthony Powers, describing it as a friendship rooted in criminal justice reform work and prior collaboration. The hearing was still in the middle of Simmons’s direct testimony when the transcript excerpt ended, with no final ruling on the merits or disposition of the allegations.
CA
California 2025-2026 Regular Session
Assembly Select Committee on Housing Finance and Affordability Aug 27th, 2025
Transcript Highlights:
- And we look forward to having you help us get to this finish line.
- Where is the master plan in surplus property with school districts and then creating the financing?
- Where is the master plan in surplus property with school?
- It's the through line in all of the polling I see in my clients, the through line in all of the people
- In fact, our prototypical pro forma actually came up as a little circle with a line through it.
Summary:
The Assembly Select Committee on Housing Finance and Affordability held its first hearing of 2025 to examine California’s housing finance system, with opening remarks emphasizing the state’s severe housing shortage, high costs, and the need for practical recommendations to the Legislature and Governor. Co-chairs described the committee as an educational and problem-solving forum focused on financing housing production, first-time homeownership, mixed-income developments, and affordability across the income spectrum. Witnesses from state agencies and the development sector were invited to explain how housing is financed and where the system is breaking down.
Panelists from the California Housing Partnership, the Business, Consumer Services and Housing Agency, the Tax Credit Allocation Committee/State Treasurer’s Office, CalHFA, and Related outlined the “capital stack” used to finance affordable housing, stressing that projects typically rely on multiple public and private sources, including federal and state low-income housing tax credits, tax-exempt bonds, state subsidies, local funds, and rental income. Speakers noted that affordable housing rents generally cannot support full project costs without public subsidy, and that recent federal changes—especially the expansion of the 4% and 9% tax credit programs and the reduction of the bond financing threshold for 4% credits—should allow California to finance substantially more units. CalHFA also described its homeownership programs, including My Home, Dream For All, and disaster-related mortgage assistance, as well as its multifamily lending and bond issuance programs.
Several witnesses and committee members emphasized that the system remains too complex, too slow, and underfunded. They pointed to the need for more state funding, a housing bond, a permanent funding source, and better coordination among agencies, while also citing recent streamlining efforts such as AB 434’s SuperNOFA, AB 519’s one-stop-shop working group, and the planned California Housing and Homeless Agency reorganization. Members raised concerns about equity, access, missing-middle housing, gender and racial disparities, and whether current programs adequately serve extremely low-income households and those at risk of homelessness. No formal votes or actions were taken during the hearing; the discussion ended with committee members and witnesses agreeing that both funding and administrative reform are needed to increase production and improve affordability.
MN
Minnesota 2025 1st Special Session
House Rules and Legislative Administration Committee 4/30/25
Rules and Legislative Administration
Transcript Highlights:
- To the question about how are we going to get to the finish line or how are we going to be who's the
- how<00:09:08.720>
are <00:09:08.880>we <00:09:08.959>going to the finish line - or how are we going to the finish line or how are we going to<00:09:09.120>
be <00:09:09.600>< - And it's a matter of fact that the provision that you all don't like is not a line item to balance our
- ,<00:21:12.080>
but when we had an $18 billion surplus, but when we had an $18 billion surplus
TX
Transcript Highlights:
- Let me follow up on Senator Hinojosa's line of questioning.
- He had a clear line of sight. He didn't hit her. He ran over.
- My primary focus is on the distribution of the surplus funds.
- The surplus of the surplus funds—that's what the bill is really about.
- Don't you believe they should be equally dispersed, the surplus?
Keywords:
commercial motor vehicle, truck liability, motor carrier, trucking, civil liability, respondeat superior, negligent entrustment, negligent maintenance, negligent loading, negligent repair, bifurcated trial, exemplary damages, punitive damages, personal injury, collision, employer liability, vicarious liability, Civil Practice and Remedies Code, Texas tort reform, commercial truck accident
MN
Minnesota 2025 1st Special Session
Gov. Tim Walz delivers his State of the State address before Minnesota Legislature 4/23/25
Minnesota House Floor Meeting
Transcript Highlights:
- The wave won't surplus after this year.
- Bottom line,<00:20:41.760>
bottom <00:20:42.159>line, <00:20:42.559>if <00:20:42.720 - >
we <00:20:42.960>don't <00:20:43.120>govern line, bottom line, if we don't govern - line, bottom line, if we don't govern responsibly,<00:20:44.400>
someone <00:20:44.720>else - We're going to get time to go through this line by line together, hammering out a final proposal that
MN
Minnesota 2025-2026 Regular Session
Investing in Disability Services – Senator Jim Abeler Feb 24th, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- I’m sure people have mentioned on your show that we had a $18 billion surplus and they spent $10 billion
- and<00:07:54.759>
they <00:07:54.919>spent <00:07:55.080>$10 18 billion Surplus - and they spent $10 18 billion Surplus and they spent $10 billion<00:07:56.080>
more <00:07:57.080 - <00:10:12.680>
November <00:10:13.160>for <00:10:13.320>the in the bottom line - in November for the in the bottom line in November for the for<00:10:13.880>
when <00:10:14.000
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (05/21/2025)
Transcript Highlights:
- Starting on lines 10, the five. Yep.
- that we can keep the lines between them. that we can keep the lines between them.
- There was a surplus that was built up. Under current law, that surplus was required to be returned.
- against us if we do not return surplus against us if we do not return surplus back<01:38:09.199>
- can retain large amounts of surplus. can retain large amounts of surplus.
Summary:
The subcommittee continued work on Senate Bill 297 and a new amendment dealing with pooled risk management programs and whether they should be regulated under the insurance department. Lisa Duket, executive director of SchoolCare, testified at length that the draft language could allow co-mingling of public entity risk funds, could trigger producer-licensing requirements for staff who are not actually brokers, and may not fit public entity risk pools because they are not insurance companies. She also raised concerns about the March 1 reporting deadline, the proposed uniform accounting language, aggregate excess insurance, examination costs being charged to the program, and confidentiality provisions that she argued may conflict with right-to-know principles for public entities. She urged the committee to slow down and consider a study committee or more time for review, saying the regulated entities were not adequately involved in drafting the proposal.
Chairman Hunt and the department responded that the bill is intended to create a licensure-based regulatory model, similar to other licensed industries, and that the pooled risk management program would be exempt from producer licensing while anyone else selling or negotiating such coverage would need a producer license. The department said failure to comply would be handled through an administrative licensing process, with denial or nonrenewal of a license and appeal through the department process. On the reporting deadline, the department said March 1 is a standard filing date used for financial analysis and that the filing can be the most recent annual report, regardless of fiscal year end. They also explained that the confidentiality language was taken from existing RSA 5B, that aggregate excess insurance was included as a solvency measure, and that the draft was intended to preserve familiar language while adapting it for pooled risk programs.
The discussion did not include a final vote or formal action on the bill in the portion provided. The committee appeared to be compiling follow-up questions for the insurance department and considering whether additional revisions or a slower process would be needed before moving the bill forward.
MN
Minnesota 2025 1st Special Session
Securing Human Services / Strengthening Election Integrity / Legislating Legacy Jun 8th, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- Plus, it was rough getting this over the finish line and into polling places across Minnesota.
- Plus, it was rough getting this over the finish line.
- We did it over the finish line and into polling places across Minnesota.
- are just not really good ideas, the other side, you get you work in the middle between the 40 yard lines
- <00:20:43.280>
uh <00:20:43.360>in <00:20:43.600>the there's other surplus uh
HI
Transcript Highlights:
- What is the timing of you know surplus?
- We we have a surplus. Right. We we have a surplus.
- revenue, how do you spend your surplus? revenue, how do you spend your surplus?
- surplus surplus uh<00:49:03.839>
was <00:49:04.240>created, <00:49:05.119>but <00 - It read out one of the lines in there.